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The document outlines the eligibility criteria for federal electric vehicle (EV) tax credits. For new EVs, the full $7,500 credit requires the vehicle to be assembled in North America, meet MSRP caps ($55,000 for sedans; $80,000 for SUVs, vans, or pickups), and satisfy buyer income limits ($150,000 individual; $225,000 head of household; $300,000 joint). New EV eligibility also depends on escalating annual requirements for North American battery component production (50% in 2023, rising to 100% by 2029+) and critical mineral sourcing (40% in 2023, rising to 80% by 2027+). Vehicles with components or minerals from a 'foreign entity of concern' become ineligible starting in 2024 and 2025, respectively. For used EVs, a credit of 30% up to $4,000 is available if the sale price is at or below $25,000 and the buyer's adjusted gross income is at or below $75,000 (individual), $112,000 (head of household), or $150,000 (joint).