The U.S. federal government offers a tax credit of $2,500 - $7,500 for the purchase of a plug-in vehicle through the IRS Plug-In Electric Drive Vehicle Credit (IRC 30D). The credit amount depends on the specific vehicle, and is higher for 100% electric vehicles (e.g. Nissan LEAF) compared to plug-in hybrid electric vehicles (e.g. Chevy Volt). This tax credit does not have an expiration date, but rather will sunset after 200,000 rebates have been issued to buyers of a manufacturer’s qualified vehicles.
State rebates and incentives: In addition to the federal tax credit, many states also offer additional incentives for the purchase of plug-in vehicles. These incentives may include vehicle rebates, access to HOV lanes for single occupants, reduced utility rates for EV charging, registration discounts, emission testing exemptions, and free or discounted public parking. We’ve listed the incentives for California below. Check out Plug in America's interactive map to learn about EV incentives in all 50 states.
Provides up to $2,500 for battery electric vehicles (BEVs), $1,500 for plug-in hybrid electric vehicles (PHEVs), and $900 for electric motorcycles and neighborhood electric vehicles (NEVs). Various utilities throughout the state also offer discounted rates for residential EV charging during off-peak hours. Clean Air Vehicle Decals for carpool lane access are available for both BEVs and PHEVs.
BEV and PHEV cars are eligible for a federal income tax credit of up to $7,500. As of August 2022, the credit has undergone changes and now includes specific assembly requirements and will include additional battery sourcing requirements in 2023. We provide more detail on our comprehensive landing page to help you figure out what incentives you and your EV may be eligible for.
BEV and PHEV cars are eligible for a federal income tax credit of up to $7,500. As of August 2022, the credit has undergone changes and now includes specific assembly requirements and will include additional battery sourcing requirements in 2023. We provide more detail on our comprehensive landing page to help you figure out what incentives you and your EV may be eligible for.
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