Factbox: How U.S. Electric Vehicle Subsidy Rules Impact Europe

Under the Inflation Reduction Act (IRA), U.S. consumers buying electric vehicles qualify for a tax credit of $7,500 as long as final assembly is in North America.
Under the Inflation Reduction Act (IRA), U.S. consumers buying electric vehicles qualify for a tax credit of $7,500 as long as final assembly is in North America.