{"id":1919442,"date":"2023-04-26T09:11:12","date_gmt":"2023-04-26T13:11:12","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/only-10-electric-vehicles-qualify-for-7500-tax-credit\/"},"modified":"2023-04-26T09:11:34","modified_gmt":"2023-04-26T13:11:34","slug":"only-10-electric-vehicles-qualify-for-7500-tax-credit","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/only-10-electric-vehicles-qualify-for-7500-tax-credit\/","title":{"rendered":"Only 10 Electric Vehicles Qualify For $7500 Tax Credit"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fonly-10-electric-vehicles-qualify-for-7500-tax-credit%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1919442&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><span style=\"font-weight: 400\">Are electric vehicles the future of transportation? The Biden administration certainly thinks so, but recent changes to the EV tax credit have left only ten models that qualify for the full $7,500 tax break. Despite billions of dollars in subsidies and the goal of making two-thirds of all new car sales electric by 2032, EVs remain more expensive than gas-powered cars. Plus, the supply chain for EV batteries is heavily dependent on China, which manufactures 80% of the world&#8217;s lithium-ion batteries. These obstacles, along with the disputed environmental impact of EVs, have led to less than 20% of consumers saying they&#8217;re very likely to buy an EV for their next car. And while most automakers are losing money on their EV divisions, Tesla is the exception, recently dropping the price of its best-selling Model Y below the average price of a new car. Want to stay up-to-date on the latest news? Download the Daily Wire app today!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Modifications made to the electric vehicle tax credit by 2022\u2019s Inflation Reduction Act have left only ten EVs that qualify for that law\u2019s full $7,500 tax break. The Biden administration has made the promotion of electric vehicles a major pillar of its efforts to decarbonize the American economy. Earlier this month, the EPA announced new<\/p>\n","protected":false},"author":856,"featured_media":1919443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[9403,6178,5340,8867,8360,10880],"class_list":["post-1919442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-9403","tag-credit","tag-electric","tag-qualify","tag-tax","tag-vehicles"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1919442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/856"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1919442"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1919442\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1919443"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1919442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1919442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1919442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}