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The (Pretty Short) List of EVs That Qualify for a $7,500 Tax Credit in 2024

Inside Climate News · By Dan Gearino · last updated
While fewer vehicles qualify for the full credit than before, there are still savings to be had on new, leased and used EVs.

By Dan Gearino

EV shoppers woke up on Monday to a market in which fewer vehicles than before qualify for the U.S. government’s $7,500 federal tax credit.

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Related Knowledge Center: Electric vehicles

State of Play

As electric vehicles — critical in the effort to reduce emissions in transportation — become more economical, the federal government and some states are addressing the need for supporting infrastructure, such as charging stations.

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