Tesla now distinguishes cars by battery suppliers for tax credit eligibility

baua

Tesla now distinguishes cars by battery suppliers for tax credit eligibility


Tesla is now distinguishing its cars between battery suppliers in order for people who are eligible for the tax credit to get it.

Electric vehicle manufacturers in the US are still adapting to the increasingly more stringent rules of the $7,500 federal tax credit for electric vehicles.

The increased requirements for more battery material and component sourcing have shuffled the eligibility of some vehicles, and for Tesla vehicles, it can change depending on the trim.

We recently noted that Tesla managed to get its Model 3 Long Range to get access to the full tax credit. Prior to that, its generally more expensive Performance variant would cost less due to access to the tax credit.

Now, Tesla has come up with an interesting solution to optimize the use of the cells so that more people can get access to the credit.

On its inventory page, Tesla has now added a new toggle for ‘Tax Credit Eligible Vehicles’:

Screenshot

What this toggle does is distinguish vehicles with Panasonic cells, which are eligible for the tax credit, rather LG cells, which are not.

This makes sense because the vehicle and the buyer need to be eligible. The eligibility criteria for buyers are $150,000 in individual income or $300,000 for dual filers.

If you don’t fit those criteria, it makes sense to get a car that doesn’t have those cells since you won’t get the credit anyway.

Electrek’s Take

This is a great idea to optimize access to the tax credit. However, it leaves people who are not eligible with a choice because, technically, the Panasonic cells are a little more desirable even without the credit.

They are known to charge a little faster than the LG cells.

It’s not a huge difference, but it’s something that people should at least know about before buying.

FTC: We use income earning auto affiliate links. More.

Maruti Suzuki e Vitara deliveries to start in September. Check out further details

Maruti Suzuki is set to launch the e Vitara, its first all-electric SUV, in India…

Maruti Suzuki sells over 19 lakh units domestically, cumulative sales cross 22 lakh mark

In FY24-25, Maruti Suzuki achieved its highest annual sales of 2,234,266 vehicles, with a 4.6…

The Best Artist Residencies to Escape and Focus on Creating

Many professional writers and artists dream of being chosen for a prestigious residency like Yaddo,…