qualified electric vehicle
Definition
A new vehicle that allows the buyer to claim a nonrefundable US tax credit, whether it's for personal or business purposes. It must have been driven primarily on US roads, have four wheels and be mostly powered by an electrical motor that uses rechargeable batteries or fuel cells.
Related Articles
- What is a limited partnership (LP)? *
- Introduction to Bonds *
- Common Financial Instruments of Forex *
- Finding the Right Financial Advisor For You *
- Fees and Expenses *
- All ETFs Are Not Equal *
- What Are The Most Commonly Traded Commodities? *
- Benefits and Risks Associated with Bonds *
Related Videos
http://www.businessdictionary.com/definition/qualified-electric-vehicle.html
