Why Converting a Car to an Electric Car Deserves a Tax Credit – Knowligent
Why Converting a Car to an Electric Car Deserves a Tax Credit

Why Converting a Car to an Electric Car Deserves a Tax Credit

HomeHow to, TechWhy Converting a Car to an Electric Car Deserves a Tax Credit

As automakers push electric vehicles (EVs) to market at an ever-increasing pace as they try to meet their own electrification schedules, there’s a community of car enthusiasts who are taking matters into their own hands and spending a lot of money on them. Those people deserve a break.

EV Tax Credits: Everything You Need to Know for 2024 | Eligibility, Incentive Amount, and More

From individuals performing impressive automotive tricks to companies building custom vehicles, replacing an internal combustion engine with an electric motor and a whole lot of batteries has been happening for years.

These restomod creations (a combination of restoration and modification) have created a cottage industry and drawn the ire of some classic car clubs, while being embraced by private individuals.

The reasons for converting a vehicle from something that burns oil to something that needs a plug-in vary. Some people want the incredible torque and speed that an EV imparts to everything it touches. Others are likely fans of the reduced maintenance.