Because some models are built in multiple locations, there may be vehicles on the list that do not meet the final assembly requirement in all circumstances. ![]() The Department of Energy has provided a list of Model Year 2022 and early Model Year 2023 electric vehicles that may meet the final assembly requirement. If you purchase and take possession of a qualifying electric vehicle between Augand December 31, 2022, final assembly of the vehicle had to be completed in North America, otherwise the same rules in effect prior to the enactment of the Inflation Reduction Act apply (including those involving the manufacturing caps on vehicles sold).If you entered into a written binding contract to purchase a new qualifying electric vehicle before August 16, 2022, but do not take possession of the vehicle until on or after August 16, 2022, (for example, because the vehicle has not been delivered), you may claim the EV credit based on the rules that were in effect before August 16, 2022. ![]() Preliminary guidance from the Internal Revenue Service addresses two important issues regarding vehicles purchased in 2022: ![]()
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