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2024 Nissan Leaf turns into eligible for $3,750 EV tax credit score

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2024 Nissan Leaf turns into eligible for $3,750 EV tax credit score

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The 2024 Nissan Leaf is now eligible for a $3,750 federal EV tax credit score, Nissan confirmed Monday in a press launch.

The credit score—half the utmost quantity of $7,500—will be utilized to any new 2024 Leaf fashions bought and positioned in service by Dec. 31, 2023. The affirmation comes after a number of months of ambiguity on whether or not the Leaf would qualify for any tax-credit quantity below new guidelines enacted below the Inflation Discount Act (IRA).

In accordance with Nissan, as a result of the Leaf and its battery pack are produced in Smyrna, Tennessee, it qualifies for a $3,750 credit score below the “battery content material” necessities of the IRA. The automaker did not state why the Leaf does not qualify for the total quantity, however the IRA does embody different necessities, together with some associated to the sourcing of battery uncooked supplies, that the Leaf could not meet.

2024 Nissan Leaf

2024 Nissan Leaf

And whereas Nissan’s launch used the phrasing that the automaker “has been capable of certify” the 2024 Leaf for tax-credit eligibility, indicating that the certification course of was the rationale for the lag between the 2024 mannequin’s launch and announcement of the tax credit score, it made no assertion retroactively implying that 2023 fashions have been included on this certification (no modifications in meeting areas have been made for 2024).

Nissan raised the value of the Leaf by $340 for 2024, to $29,235 with vacation spot, nevertheless it stays unchanged from the earlier mannequin 12 months. For 2023 it obtained a battery change that boosted effectivity barely. Its final redesign was for the 2017 mannequin 12 months, however with the upcoming departure of the Chevrolet Bolt EV and EUV, the Leaf is likely one of the final inexpensive EVs standing.

2024 Nissan Leaf

2024 Nissan Leaf

The Leaf additionally stays the one one in all Nissan’s EVs utilizing the CHAdeMO customary for road-trip fast-charging. The Ariya crossover makes use of the Mixed Charging Customary (CCS) however it and different future EVs will get the Tesla North American Charging Customary (NACS) connector.

The Ariya is not U.S.-made and is not resulting from be. However beginning in late 2025 Nissan will make an “elevated” sedan, anticipated to switch the Maxima—and based mostly on the IMs idea first proven in 2019—in Mississippi. Given the incentives, it’ll nearly actually have U.S.-sourced batteries that can qualify it for no less than the $3,750 federal tax credit score, if no more.

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