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2024 Cadillac Lyriq Regains $7,500 Federal Tax Credit

The Cadillac Lyriq, the automaker’s sharp-looking and swanky entrant to the growing world of luxury electric vehicles, has regained its federal tax credit eligibility. The Lyriq had temporarily lost its eligibility toward the end of 2023 due to updated Inflation Reduction Act guidelines requiring stricter local battery component sourcing. The automaker announced today that customers…

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