The Inflation Reduction Act included the first-ever federal Clean Commercial Vehicle Tax Credit (45W). For vehicles above 14,000 pounds including Arrival’s Class 4 battery electric XL Van, this consumer incentive is worth up to $40,000 per vehicle. Note: No domestic content or assembly requirements; For vehicles under 14,000 lbs, this incentive is worth up to $7,500
To support EV infrastructure needs, there is a revised federal Alternative Fuel Infrastructure Tax Credit that provides a maximum tax credit of $100,000 per station if certain conditions are met.
The Inflation Reduction Act included the first-ever federal Clean Commercial Vehicle Tax Credit (45W). For vehicles above 14,000 pounds including Arrival’s Class 4 battery electric XL Van, this consumer incentive is worth up to $40,000 per vehicle. Note: No domestic content or assembly requirements; For vehicles under 14,000 lbs, this incentive is worth up to $7,500
To support EV infrastructure needs, there is a revised federal Alternative Fuel Infrastructure Tax Credit that provides a maximum tax credit of $100,000 per station if certain conditions are met.
DISCLAIMER:
ARRIVAL HAS NOT YET COMPLETED THE STEPS TO BECOME A QUALIFIED MANUFACTURER. BASED ON CURRENT SPECIFICATIONS. ARRIVAL ANTICIPATES ITS CLASS 4 BATTERY ELECTRIC XL VAN WILL BE ELIGIBLE FOR THE CLEAN COMMERCIAL VEHICLE TAX CREDIT
