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Qualified Electric Vehicle


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— Boris Nikolayevich Yeltsin

A qualified electric vehicle is a vehicle that allows the owner to claim a nonrefundable tax credit after purchase.1 A qualified electric vehicle must have at least four wheels and be designed for use in public. It must also be powered primarily by an electric motor that draws its charge from rechargable batteries or fuel cells. The vehicle must be driven almost exclusively in the U.S.2


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