This is why some vehicles qualify as SUVs and others do not qualify for the IRA EV Tax Credits
Ever since the Biden administration’s Treasury Department signed into law the $430 billion Inflation Reduction Act (IRA) in August that changed the availability of plug-in hybrid and electric vehicle (PHEV) incentives, there has been a lot of confusion regarding to which models are classified as SUVs and which are not. ‘t, as this affects whether …