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Get federal funding for your EV

Federal tax credits and incentives for purchasing your EV

Need to know

Federal tax credits for EVs and charging infrastructure are provided by the U.S. government.

Before you start

Eligibility for the tax credit depends on your income as well as the battery capacity and other vehicle requirements.

What to do

You can learn more about eligibility requirements at FuelEconomy.gov. The tax credit is up to $7,500 for most EVs.

How it works: Beginning January 1, 2024, Clean Vehicle Tax Credits are approved at the point of sale. Dealerships will be responsible for submitting the request and determining eligibility.

Use our incentive finder tool to learn how much you can save.

What's next

What's next content

Tax credits and incentives can change over time. Check the latest information from the IRS or talk to a tax professional to understand the current rules and eligibility.

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Page last updated on May 23, 2024.