Which EVs Are Eligible for $7,500 Federal Tax Credit?
The federal government offers a tax credit of up to $7,500 to taxpayers who purchase an electric vehicle in 2023 and later.
The rules about which EVs are eligible and what individuals must do to qualify change and are updated often. So we recommend you contact the IRS and consult with your tax adviser to learn about the latest details.
[updated February 23, 2023]