TechCrunch
VinFast says preorders ‘will get a $7,500 rebate,’ federal tax credit or not
Since then, Congress announced it is making changes to the $7,500 federal electric vehicle tax credit, meaning that it becomes much harder to get that sweet, sweet tax deduction. The two major changes are that the tax credit will becomes means-tested (i.e., if your household makes more than a certain amount, you don’t qualify) and sticker-price limited (cars over $40,000 and SUVs and trucks with a slightly higher limit). Various car manufacturers have scrambled to figure out how to react, but VinFast is taking more extreme steps than most, promising that if you have a preorder with the manufacturer and you are no longer eligible for the tax rebate, they’ll give you a $7,500 discount on the car instead.