By now, regular readers probably know that this year saw a major change to the Internal Revenue Service's Clean Vehicle Tax Credit, the consumer-facing incentive that aims to drive electric vehicle adoption here in the US. The tax credit was reformed by last year's Inflation Reduction Act and now places conditions on where a clean vehicle—a battery EV, a plug-in hybrid EV, or a hydrogen fuel cell EV—is manufactured, as well as the sourcing of its battery pack.

It was feared that these new rules would drastically reduce the number of eligible EVs once the sourcing requirements go into effect on April 18, and now we can confirm that is the case. From tomorrow, only 10 new vehicles will qualify for the full $7,500. Half of the list is made up of vehicles from General Motors but also includes two models from Tesla, Ford's electric pickup truck, and plug-in hybrids belonging to Chrysler and Lincoln.

The full list of vehicles that qualify for the $7,500 clean vehicle tax credit is:

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• Cadillac Lyriq
• Chevrolet Bolt
• Chevrolet Bolt EUV
• Chevrolet Silverado EV
• Chevrolet Equinox EV
• Chrysler Pacifica PHEV
• Ford F-150 Lightning
• Lincoln Aviator Grand Touring PHEV
• Tesla Model 3 Performance
• Tesla Model Y

Seven other plug-in vehicles are eligible for $3,750 of the tax credit, as they satisfy half of the domestic battery requirements. These models are:

• Ford Escape PHEV
• Ford E-Transit
• Ford Mustang Mach-E
• Jeep Wrangler 4xe
• Jeep Grand Cherokee 4xe
• Lincoln Corsair Grand Touring PHEV
• Tesla Model 3 Standard Range

The US Environmental Protection Agency maintains a full list of eligible plug-in vehicles that will be updated as and when new models gain eligibility.

"The great news here is that based on Q1 sales volumes, more than 90 percent of vehicles that were eligible for the credit before April 18th are still eligible, with the vast majority eligible for the full credit," said Albert Gore, executive director of the Zero Emissions Transportation Association. "Companies across the EV supply chain have been working hard to secure supply chains for batteries and critical minerals, and this list reflects those efforts and the efforts of the Treasury Department to maintain consumer access to North American-made EVs in the near term," he said.

While the list of eligible vehicles has now shrunk for new car buyers, leased EVs are not subject to the domestic sourcing requirements or the need for final assembly to take place in North America and, therefore, all remain eligible for the full $7,500 tax credit, which is rolled into the lease payment.