If you are in the US and were hoping to grab one of Volkswagen’s ID.4 SUVs but were put off by lack of incentives – we have great news for you. The company has confirmed that ID.4 qualifies for the full $7,500 Federal EV Tax Credit, including even the units manufactured in 2023.
The 2023 ID.4 did previously qualify for the full amount but was not included on the list from the start of this year. The issue was about the materials used in its battery, supplied by the SK On and manufactured in the US. For now, the updated list of eligible vehicles includes the ID.4 and the company is confident it will stay this way for the rest of 2024.
VW ID.4 is quite popular in the US, with a starting price of $38,995 before any incentives are applied, it is quite affordable as well. The company managed to sell 38,000 last year alone, making the car core of its EV business. With the tax credit applied, VW ID.4 starts at $32,790 and goes all the way to $46,590 for the AWD Pro S version riding on optional 20” wheels.
The updated 2024 ID.4 is being prepared for the US debut with a promise of a more efficient drivetrain and improved range and performance. The company hasn’t released the pricing yet but in the fast-growing US EV market, it’s very unlikely VW would risk putting the prices up by much.
