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I can confirm that it is not reliable. I got my 2023 bolt EV in September 2022 and it says that I qualify. That's not true.
To nitpick (and please correct me if I'm wrong or missing something) the site says your VEHICLE qualifies (not necessarily you or the transaction).

It also says:
evlive.gm.com said:
Learn more about the Federal EV Tax Credit by clicking Federal Tax Info and reading the Vehicles Placed in Service after December 31st, 2022 section.
Your vehicle would qualify if it was purchased in calendar year 2023 (at least until the new battery guidance is finalized).

Since all Bolts have the same "vehicle eligibility status" this site seems to be of minimal help right now. It may be useful once the treasury updates battery guidance or when GM expands their EV lineup.
 
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