Treasury says 7,400 dealers have signed up for electric vehicle tax credit

The Treasury Department estimates more than 7,000 auto dealers have registered to provide the new point-of-sale tax credit for purchase of an electric vehicle beginning Jan. 1.

In updated numbers, the department put the number of registered dealers at 7,400 nationwide, up from an estimate of 7,000 last week. The Treasury Department said Rivian and Stellantis have submitted eligible vehicle identification numbers (VINs) as of Friday.

The Treasury Department told reporters later…