Turning over Taxpayer Assisted Leaf EVs

Mild trendsetter. Click to Enlarge.

Nissan said today that 2024 Nissan LEAF vehicles manufactured in 2024 and sold on or after 6 March may be eligible for part of the U.S. federal EV tax credit,  provided that the customer meets all purchase and income qualifications for the EV tax credit. Nissan also provides a $3750 incentive to LEAF customers who lease any 2024 or 2023 LEAF. Potential buyers of course should consult with their tax advisor about any potential federal and state tax credit eligibility. (AutoInformed.com  on: Nissan Cuts Ariya EV Starting Price to $41,340)

The latest LEAF was initially available to customers through 31 December 2023. Nissan said it has been able to re-certify that 2024 LEAF vehicles produced in the U.S. in 2024 meet the “battery component” requirements of the Inflation Reduction Act of 2022 (IRA) and may now qualify for up to a $3750 tax credit. The IRA has been criticized because it has no requirements for what creates in effect massively taxpayer subsidized companies without protecting their production workers. There are no market-based wage or benefit requirements, nothing that mandates company leaders to pay workers a wage to support themselves or their families.

The LEAF and its battery are assembled in Smyrna, Tennessee by non-union workers. (AutoInformed.com on: Inflation Reduction Act Birthday – Changes Needed)

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