atebit
Well-Known Member
u 4got teh transition clause words.Unfortunately no. Different components have different effective dates.
Default date for all provisions (MSRP cap, Income limits): 12/31/22.
Exceptions:
(2): Assembly in USA requirement: applies to old credit upon bill signature (date of enactment).
(3): Battery mineral origins and battery assembly component origin requirements: applies to whatever credit is in place upon guidance being issued by Secretary of Treasury (estimated sometime before end of year but specific date unknown- this is the biggest risk).
(4): credit refundability: applies starting 2024
(5): removal of 200,000 vehicle cap: applies to vehicles in service after 12/31/22 (no affect on Rivian).
so any vehicle in service before end of year qualifies, with the 4 caveats above.
Sponsored