Those who are interested in purchasing an electric vehicle (and getting a tax credit for doing so) in the near future will want to pay close attention. The IRS has released revised lists of electric vehicles that are eligible for the federal Clean Vehicle Tax Credit, that were placed in ser...
We've gathered every new EV that's currently eligible to earn the full $7500 federal tax credit. By Jack FitzgeraldUpdated: Mar 1, 2025 Save Article Marc Urbano|Car and Driver For better or worse, EVs appear to be our future. The U.S. government is putting increased weight into the sh...
We've gathered every new EV that's currently eligible to earn the full $7500 federal tax credit.
Are you eligible? If you're hoping to buy a used EV with the help of the federal rebate or end-of-year tax credit, you'll need to see if you qualify. This depends on your adjusted gross income and a few other factors. 1. You can only use this credit once every three years. 2...
Now that Hyundai has opened up a $7.6 billion EVmanufacturing plant in Georgiato produce theNACS-equipped 2025 Ioniq 5and theupcoming Ioniq 9three-row SUV, its vehicles are eligible. Hyundai, Kia, and Genesis models have been added to the Federal Tax Credits list as of January 1st, 2...
Act now! Select Silverado EVs may still qualify for a federal taxcredit*up to $7,500 for eligible buyers.See details. $73,100 Starting at Up to 460-miles GM-estimated Up to 785 lb.-ft. Max available torque with Wide Open Up to 12,500 lbs. ...
$19,500IN tax credits and rebates FederalTax Credit on vehicles Up to$7,500 PurchasedVehicles Starting in 2024, eligible buyers can access up to $7,500 instantly off the price of an eligible all-electric or plug-in hybrid vehicle. This credit is available through the Inflation Reduction Act...
single people who earn more than $150,000 a year and couples who earn more than $300,000 a year will not be eligible for any form of EV tax credit. There will also be new rules about production materials, with 40% of metals having to come from North America or a free-trade partner...
Equinox EV may still be eligible for up to $7,500 Clean Vehicle Federal TaxCredit* New Equinox EV purchases still qualify for a federal taxcredit*of up to $7,500 for eligible buyers, which can be applied toward the vehicle price at the time of sale by qualified and participating dealers...
How the solar tax credit works Which cars qualify for a federal EV tax credit? The IRS urges taxpayers to use the tool on the FuelEconomy.gov website for the most up-to-date information on eligible models. You can filter by purchase scenario, model year, and vehicle type and determine ...