The all-electric Cadillac Lyriq recently lost eligibility for the $7,500 Federal EV Tax Credit, thanks to new guidelines released by the U.S. Treasury that […]
Tag: Eligible
Cadillac Lyriq Now Eligible For EV Tax Credit After Classification Update
In mid-January 2023, the US Department of the Treasury and the IRS disclosed new guidelines outlining the qualifications of electric vehicles eligible for the […]
Cadillac Lyriq Not Eligible For $7,500 Federal EV Tax Credit
The Federal EV tax credit is meant to encourage consumers to buy electric vehicles, providing a $7,500 tax break with a qualifying EV purchase […]