
Here’s every electric vehicle that qualifies for the current and upcoming US federal tax credit
More Videos
Published
3 years agoon
By
adminAs sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new credits have been reinstated to US consumers.
Whether you qualify is not a simple yes or no question… well, actually it sort of is, but the amount you may qualify for varies by household due to a number of different factors. Furthermore, there are other potential savings available to you that you might not even know about yet.
Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. The goal is to help ensure you are receiving the maximum value on your carbon-conscious investment because, let’s face it, you’ve gone green and you deserve it.
Table of contents
How does a federal tax credit work for my EV?
The idea in theory is quite simple — “All electric and plug-in hybrid vehicles that were purchased new in or after 2010 may be eligible for a federal income tax credit of up to $7,500,” according to the US Department of Energy.
With that said, you cannot simply go out and buy an electric vehicle and expect Uncle Sam to cut $7,500 off your taxes in April. In reality, the amount you qualify for is based on both your income tax as well as the size of the electric battery in the vehicle you own.
Now, thanks to the freshly inked Inflation Reduction Act, there are a lot more parameters to be mindful of, like the requirement that the EV must be assembled in North America for instance. We have dug into those new terms more below.
To begin, here’s how the Federal EV tax credit currently works.

How much is the federal tax credit?
First and foremost, it’s important to understand three little words the government slips in front of the $7,500 credit – “may” and “up to.” As in, you may qualify for up to $7,500 in federal tax credit for your electric vehicle. At first glance, this credit may sound like a simple flat rate, but that is unfortunately not the case.
For example, if you purchased a Ford F-150 Lightning and owed say, $3,500 in income tax this year, then that is the federal tax credit you would receive. If you owed $10,000 in federal income tax, then you would qualify for the full $7,500 credit.
It’s important to note that any unused portion of the $7,500 is not available as a refund, nor as a credit for next year’s taxes. Bummer.
However, under new terms of the tax deal, you may be able to snag that credit up front at the point of sale of your EV. More on that below.

The Biden administration continues to expand EV adoption
President Biden first vowed to make the nation’s entire federal fleet all-electric. The White House has introduced two bills to expand EV adoption, one of which was signed by the President and includes funding for heavily expanded EV charging infrastructure.
Previously, there were rumors that the federal tax credit would be increased to $10,000. In President Biden’s previous $174 billion investment plan for electrification, the tax credit was quickly mentioned as a reform. However, the summary remained vague about the reform – only confirming that it will not only take the form of tax rebates but also “point of sale rebates” and it will now be for “American-made EVs.”
The second and larger bill sat within Biden’s “Build Back Better Act” and subsequent increases to the federal tax credit, but it couldn’t get past the Senate in late 2021. At that point, the revamped tax credit we all have sought was in limbo, possibly DOA. Until this past summer…
Revived EV federal tax credits were officially signed by POTUS
In late July 2022 the US Senate shared it was moving forward to vote on EV tax credit reform after Senator Joe Manchin (D-WV) took a break from huffing coal to finally agree to include investments to curb climate change.
One of the most prominent parts of the bill (to us) includes the long-awaited and fought over electric vehicle tax credit reform. In this iteration of the bill, access to the tax credit will be returned to those who have already exhausted the threshold, including Tesla and GM vehicles.
On August 7, 2022 it was approved by the Senate and a week later signed into law by President Biden.
The biggest issue we all are having with the Inflation Reduction act, is how cloudy and confusing its EV requirements are. Bear with us as we sort through it all, to once again provide you with the most up to date details of this ever evolving tale.
We have learned that the reform bill will also apply to EVs delivered after December 31, 2022. Here’s a breakdown of the terms of the new Inflation Reduction Act.
New Federal Tax Credits under the Inflation Reduction Act
- Federal tax credit for EVs will remain at $7,500
- Timeline to qualify is extended a decade from January 2023 to December 2032
- Tax credit cap for automakers after they hit 200,000 EVs sold is eliminated, making GM, Tesla and Toyota once again eligible
- The language in the bill indicates that the tax credit could be implemented at the point of sale instead of on taxes at the end of the fiscal year
- That means you can get your credit up front at the dealer, but these terms may not kick in until 2024
- In order to get the full credit, the EV must be assembled in North America and…
- The majority of battery components need to come from North America and…
- A certain percentage of “critical minerals” must come form North America or countries with free trade agreements with the US
- New federal tax credit of $4,000 for used EVs priced below $25k
- Subject to other requirements like lower annual income (see below)
- Revised credit applies to BEV cars with an MSRP below $55k
- Also includes zero-emission vans, SUVs, and trucks with MSRPs up to $80,000
- New credit also expands to commercial fleet customers
- Includes separate qualifications and limits
- The federal EV tax credit will be available to individuals reporting adjusted gross incomes of $150,000 or less, or $300,000 for joint filers
- The new credit will also continue to apply to Plug-in Hybrid EVs (PHEVs) as long as they meet the same requirements outlined above and are equipped with a battery over 7 kWh.
Here are more detailed terms of the tax credits under the Inflation Reduction Act, detailed by lawyer, Chris Stidham:
Revamped Credit for new BEV/PHEVs
- Manufacturer caps eliminated. (Page 370, line 15)
- Credit applies for vehicles purchased beginning January 1, 2023. (Page 386, line 1)
- Transition provision for EVs with written sales orders dated in 2022 prior to the date of President signing the bill but delivered in 2023 allows purchaser to claim the “old” credit in 2023. (Page 386, line 20)
- Vehicle must be assembled in North America to qualify for new credit. (Page 366, line 15)
- North American assembly requirement applies to vehicles sold after the date of adoption of the bill. (Page 386, line 3)
- $7,500 credit is broke into two binary pieces meaning the vehicle either qualifies for each piece of the credit or it doesn’t. No longer based on size of battery. (Page 366, line 6)
- $3,750 of the new credit is based upon the vehicle having at least 40% of its battery critical minerals from the United States or countries with a free trade agreement with the United States. This is a list of countries with free trade agreements with the US. (Page 371)
- The other $3,750 of the new credit is based on at least 50% of the battery components of the vehicle coming from the United States or countries with a free trade agreement with the US. (Page 372, line 13)
- The 40% minerals requirement increases to 50% in 2024, 60% in 2025, 70% in 2026 and 80% in 2027. (page 371 line 23)
- The 50% battery components requirement increases to 60% in 2024, 70% in 2026, 80% in 2027, 90% in 2028 and 100% in 2029. (Page line 373)
- The government has until the end of the year to develop guidance on the battery requirements. (Page 374)
- Beginning in 2025, any vehicle with battery minerals or components from a foreign entity of concern are excluded from the tax credit. (Page 374, line 20).
- One credit per vehicle. (Page 375, line 12)
- Modified gross income limit of $150k for individuals, $225k for head of household, and $300k for joint returns. Definition of MAGI (page 375, line 22)
- MSRP of vehicle must be $80k or less for SUVs, Vans and Trucks. $55k for all other vehicles. (Page 377, line 4)
- Dealer can apply credit at time of sale. Dealer must disclose to buyer the MSRP of the vehicle, the applicable tax credit amount and the amount of any other available incentive applicable to the purchase. (Page 378, line 6)
- Credit terminates December 31, 2032.
Revamped Used Vehicle Credit
- Tax credit of 30% of value of used EV with $4,000 cap (Page 387, line 23).
- Used vehicle must be at least two model years old at time of sale. (Page 389, line 7).
- The original use of the vehicle must have occurred with an individual other than the one claiming the used tax credit. (Page 389, line 10).
- Used vehicle must be purchased from a dealer. (Page 390, line 3).
- Used vehicle price must be $25k or less. (Page 390, line 5).
- Used vehicle qualifies for tax credit only once in its lifetime. (Page 390, line 7)
- Purchaser must be an individual (no businesses) to qualify for used credit. (Page 390, line 14).
- Purchaser may only claim one used vehicle credit per three years. (Page 390, line 20).
- Modified gross income cap of $75k for individuals, $112,500 for head of household and $150k for joint returns. (Page 388).
- Credit may be applied at time of sale by dealer. (Page 391, line 15).
- Credit terminates on December 31, 2032. (Page 391, line 12).
What are the current electric vehicle credits before the terms change?
As you’ll see from the rather barren list below of EVs that might qualify under the new terms of the Inflation Reduction Act, a majority of EVs currently available for credits to US consumers will soon no longer qualify.
That isn’t to say they won’t be back on in the yes column come January 1, 2023 since many of these automakers do have North American production facilities. Other EVs like Rivian models for example are American made, but some are priced above the $80k threshold for trucks.
Fisker has been long touting is flagship Ocean SUV as an EV priced below $30k for those who qualify for the entire $7,500 credit. However, under the new terms, the Austrian built SUV will qualify for zero federal credits. That being said, its current MSRP of $37,499 is still pretty enticing, but this is a major blow to its marketing strategy to the point that the American automaker is now considering adding US production for the Ocean.
The quick workaround that felt like a mad scramble was some verbiage allowing for “written binding contracts” under a “transition rule” in the Inflation Reduction Act. That rule allowed consumers to still qualify if they signed the binding contract before the date of bill being signed into law, even if the car is delivered after the bill is signed. This is covered on page 393-394 of the bill.
Since the bill has been signed into law, this quick workaround is no longer possible. We’ve put together a full breakdown of where those tax credits stand for EV automakers not currently assembling in the North America.
Vehicles purchased and delivered between August 16 and December 31, 2022
Following the official signing of the Inflation Reduction Act, the IRS has included the following transition rule for those who already had an EV on the way but are wondering if they still qualify before the new credit terms kick in. In certain circumstances, the answer is yes. Per the IRS page:
If you purchase and take possession of a qualifying electric vehicle after August 16, 2022 and before January 1, 2023, aside from the final assembly requirement, the rules in effect before the enactment of the Inflation Reduction Act for the EV credit apply (including those involving the manufacturing caps on vehicles sold).

What electric vehicles could qualify under the latest tax credit?
Alright, this is probably the main reason why you’re here. If you scrolled through the details above, you may want to consider going back and at least skimming, because there are some major changes to federal tax credits to electric vehicles under the Inflation Reduction Act.
Under the terms mentioned above, these are the EVs that could qualify for the full $7,500 credit beginning January 1, 2023.
Please note that the list below features EVs assembled in North America and comes directly from fueleconomy.gov who, like all of us is still figuring out which EVs will actually qualify. Bear with us and trust we will keep this list updated often.
All-electric vehicles
Make and Model | Full Tax Credit |
CADILLAC (GM) (would not qualify until 1/1/23) | |
Lyriq (2023) | $,7500 |
CHEVROLET (GM) (would not qualify until 1/1/23) | |
Bolt EUV (2022) | $7,500 |
Bolt EV (2022-2023) | $7,500 |
FORD | |
F-150 Lightning (2022) (Pro, XLT, and Lariat trims) | $7,500 |
Mustang Mach-E (2022) | $7,500 |
E-Transit (2022) | $7,500 |
NISSAN | |
LEAF (2022-2023) | $7,500 |
RIVIAN | |
EDV 700 (2022) | $7,500 |
R1T (2022) (Dual Motor Adventure only) | $7,500 |
R1S (2022) (Dual Motor Adventure only) | $7,500 |
TESLA (would not qualify until 1/1/23) | |
Model 3 (2022) | $7,500 |
Model Y (2022) | $7,500 |

Plug-in Hybrid Electric Vehicles
Make and Model | Full Tax Credit |
AUDI | |
Q5 (2022) | $7,500 |
BMW | |
330e (2022-2023) | $7,500 |
X5 xDrive45e (2022) | $7,500 |
CHRYSLER | |
Pacifica Plug-in Hybrid (2022) | $7,500 |
FORD | |
Escape Plug-in Hybrid (2022) | $7,500 |
JEEP | |
Grand Cherokee PHEV (2022) | $7,500 |
Wrangler Unlimited PHEV (2022) | $7,500 |
LINCOLN | |
Aviator PHEV (2022) | $7,500 |
Corsair Plug-in Hybrid (2022) | $7,500 |
VOLVO | |
S60 (2022) | $7,500 |
What electric vehicles qualify under the current tax credit?
Although the credits above should be the focus going forward, we wanted to keep the previous credit details below. Less of a trip down memory lane, but more of a list of what EVs previously qualified, so you can gather how many will be lost under upcoming terms.
As we previously mentioned however, some of these EVs could eventually once again qualify, as automakers pivot to bring their assembly to North America.
All-electric vehicles
Make and Model | Full Tax Credit |
AUDI | |
e-tron Sportback (2020-2022) | $7,500 |
e-tron SUV (2019, 2021-2022) | $7,500 |
e-tron GT / RS e-tron GT (2022) | $7,500 |
e-tron S (Standard and Sportback) | $7,500 |
Q4 50 e-tron Quattro | $7,500 |
BMW | |
i3 Sedan (2014-2021) | $7,500 |
i3s (2018-2021) | $7,500 |
i4 eDrive40/M50 Gran Coupe (2022) | $7,500 |
iX xDrive50/M60 (2022) | $7,500 |
BYD | |
e6 (2012-2017) | $7,500 |
ELECTRIC LAST MILE SOLUTIONS (ELMS) | |
ELMS Urban Delivery (2022) | $7,500 |
FIAT | |
500e (2013-2019) | $7,500 |
FORD | |
Focus EV (2012-2018) | $7,500 |
Mustang Mach-E (all 2021/2022 trims including GT) | $7,500 |
E-Transit (2022) | $7,500 |
F-150 Lightning (standard/extended range) (2022) | $7,500 |
GENERAL MOTORS (GM) | |
Not currently eligible for tax credits | ––––– |
GENESIS | |
GV60 (2023) | $7,500 |
HYUNDAI | |
Ioniq Electric (2017-2021) | $7,500 |
Ioniq 5 (2022) | $7,500 |
Kona Electric (2019-2022) | $7,500 |
JAGUAR | |
I-Pace (2019-2022) | $7,500 |
I-Pace HSE (2022-2023) | $7,500 |
KANDI | |
EX3 (2019-2021) | $7,500 |
K22 (2019-2020) | $7,500 |
K23 (2020-2022) | $7,500 |
K27 (2020-2022) | $7,500 |
KIA | |
Niro EV (2019-2022) | $7,500 |
Soul Electric (2015-2020) | $7,500 |
EV6 (58 kWh, 77.4 kWh) (2022) | $7,500 |
LUCID MOTORS | |
Lucid Air Dream Edition (2022) | $7,500 |
Lucid Air Grand Touring (2022) | $7,500 |
MAZDA | |
MX-30 (2022) | $7,500 |
MERCEDES-BENZ | |
AMG EQS (2022) | $7,500 |
EQS 450+ (2022) | $7,500 |
EQS 580 4matic (2022) | $7,500 |
B-Class EV (2014-2017) | $7,500 |
MINI | |
Cooper S E Hardtop 2 & 4 Door (2020-2023) | $7,500 |
MITSUBISHI | |
i-MiEV (2012, 2014, 2016, 2017) | $7,500 |
NISSAN | |
LEAF (2011-2022) | $7,500 |
POLESTAR | |
Polestar 2 (2021) | $7,500 |
Polestar 2 Long Range – Single & Dual Motor (2022) | $7,500 |
PORSCHE | |
Taycan (2020-2022) (all trims) | $7,500 |
RIVIAN | |
R1T (2022) | $7,500 |
R1S (2022) | $7,500 |
EDV 700 (2022) | $7,500 |
SMART USA | |
EQ fortwo Coupe (2019) | $7,500 |
EQ fortwo Cabrio (2019) | $7,500 |
SUBARU | |
Solterra (2023) | $7,500 |
TESLA | |
Not currently eligible for tax credits | ––––– |
TOYOTA | |
Toyotas purchased after 9/30/23 are no longer eligible for tax credits | ––––– |
RAV4 EV (2012-2014) | $7,500 |
VOLKSWAGEN | |
e-Golf (2015-2019) | $7,500 |
ID.4 EV (First/Pro/Pro S) (2021) | $7,500 |
VOLVO | |
C40 Recharge Pure Electric (2022) | $7,500 |
XC40 Recharge Pure Electric (2021-2022) | $7,500 |

Plug-in hybrid electric vehicles (PHEVs)
The US Department of Energy offers the full detailed list on its website.
Make and Model | Full Tax Credit |
AUDI | |
A3 e-tron / e-tron ultra (2016-2018) | $4,502 |
A7 55 TFSI e Quattro (2021) | $6,712 |
A7 TFSI e Quattro (2022) | $7,500 |
A8L PHEV (2020) | $6,712 |
A8L 60 TFSI e Quattro (2021) | $6,712 |
Q5 PHEV (2020) | $6,712 |
Q5 55 TFSI e Quattro (2021) | $6,712 |
Q5 TFSI e Quattro (2022) | $7,500 |
BENTLEY | |
Bentayga Hybrid (2020-2021) | $7,500 |
BMW | |
i3 Sedan w/ Range Extender (2014-2021) | $7,500 |
i3s w/ Range Extender (2018-2021) | $7,500 |
BMW i8 (2014-2017) | $3,793 |
i8 Coupe/Roadster (2018-2020) | $5,669 |
X3 xDrive30e (2020-2021) | $5,836 |
X5 xDrive40e (2016-2018) | $4,668 |
X5 xDrive45e (2021-2022) | $7,500 |
330e (2016-2018) | $4,001 |
330e/330e xDrive (2021-2022) | $5,836 |
530e/530e xDrive (2018-2019) | $4,668 |
530e/530e xDrive (2020-2022) | $5,836 |
740e (2017) | $4,668 |
740e xDrive (2018-2019) | $4,668 |
745e xDrive (2020-2022) | $5,836 |
CHRYSLER | |
Pacifica Plug-In Hybrid (2017-2022) | $7,500 |
FERRARI | |
SF90 Stradale (2020-2021) | $3,501 |
FISKER AUTOMOTIVE | |
Karma Sedan (2012) | $7,500 |
FORD | |
C-Max Energi (2013-2017) | $4,007 |
Fusion Energi (2013-2018) | $4,007 |
Fusion Energi (2019-2020) | $4,609 |
Escape Plug-in Hybrid (2020-2022) | $6,843 |
GENERAL MOTORS (GM) | |
Not currently eligible for tax credits | ––––– |
HONDA | |
Accord Plug-in Hybrid (2014) | $3,626 |
Clarity Plug-in Hybrid (2018-2021) | $7,500 |
HYUNDAI | |
Ioniq Plug-in Hybrid (2018-2022) | $4,543 |
Sonata Plug-in Hybrid (2016-2019) | $4,919 |
Tucson Plug-in Hybrid (2022) | $6,587 |
Santa Fe Plug-in Hybrid (2022) | $6,587 |
JEEP | |
Grand Cherokee PHEV (2022) | $7,500 |
Wrangler Unlimited PHEV (2021-2022) | $7,500 |
KARMA | |
Revero (2018-2020) | $7,500 |
KIA | |
Niro Plug-in Hybrid (2018-2022) | $4,543 |
Optima Plug-in Hybrid (2017-2020) | $4,919 |
Sorento Plug-in Hybrid (2022) | $6,587 |
LAND ROVER | |
Range Rover/Sport PHEV (2019) | $7,087 |
Range Rover/Sport PHEV (2020-2022) | $6,295 |
Range Rover SE PHEV (2023) | $7,500 |
Rover Range Rover Sport Autobiography PHEV (2023) | $7,500 |
LEXUS | |
Lexus’ purchased after 9/30/23 are no longer eligible for tax credits | ––––– |
NX Plug-in Hybrid (2022) | $7,500 |
LINCOLN | |
Aviator Grand Touring (2020-2022) | $6,534 |
Corsair Reserve Grand Touring PHEV (2021-2022) | $6,843 |
Corsair Grand Touring PHEV (2022) | $6,843 |
McLAREN | |
Artura (2022) | $4,585 |
MERCEDES-BENZ | |
S550e Plug-in Hybrid (2015-2017) | $4,460 |
GLE550e 4matic (2016-2018) | $4,460 |
GLC350e 4matic (2018-2019) | $4,460 |
GLC350e 4M EQ (2020) | $6,462 |
S560e EQ PHEV (2020) | $6,462 |
C350e (2016-2018) | $3,501 |
MINI | |
Cooper S E Countryman ALL4 (2018-2019) | $4,001 |
Cooper S E Countryman ALL4 (2020-2022) | $5,002 |
MITSUBISHI | |
Mitsubishi Outlander Plug-in (2018-2020) | $5,836 |
Mitsubishi Outlander Plug-in (2021-2022) | $6,587 |
POLESTAR | |
Polestar 1 (2020-2021) | $7,500 |
PORSCHE | |
Cayenne S E-Hybrid (2015-2018) | $5,336 |
Cayenne E-Hybrid / Coupe (2019-2020) | $6,712 |
Cayenne Turbo S E-Hybrid / Coupe (2021) | $7,500 |
Cayenne E-Hybrid / Coupe (2021-2022) | $7,500 |
Panamera S E-Hybrid (2014-2016) | $4,752 |
Panamera 4 E-Hybrid (2018) | $6,670 |
Panamera 4 E-Hybrid (2019-2020) | $6,712 |
Panamera 4 E-Hybrid (2021-2022) | $7,500 |
SUBARU | |
Crosstrek Hybrid (2019-2022) | $4,502 |
TESLA | |
Not currently eligible for tax credits | ––––– |
TOYOTA | |
Toyotas purchased after 9/30/23 are no longer eligible for tax credits | ––––– |
Prius Plug-in Hybrid (2012-2015) | $2,500 |
Prius Prime Plug-in Hybrid (2017-2022) | $4,502 |
RAV4 Prime Plug-in Hybrid (2021-2022) | $7,500 |
VOLVO | |
S60 (2019) | $5,002 |
S60 (2020-2022) | $5,419 |
S60 Extended Range (2022) | $7,500 |
S90 (2018-2019) | $5,002 |
S90 (2020-2022) | $5,419 |
S90 Extended Range (2022) | $7,500 |
V60 (2020-2022) | $5,419 |
V60 Extended Range (2022) | $7,500 |
XC60 (2018-2019) | $5,002 |
XC60 (2020-2022) | $5,419 |
XC60 Extended Range (2022) | $7,500 |
XC90 (2016-2017) | $4,585 |
XC90 / XC90 Excellence (2018-2019) | $5,002 |
XC90 (2020-2022) | $5,419 |
XC90 Extended Range (2022) | $7,500 |
Other tax credits available for electric vehicle owners
So now you should know if your vehicle does in fact qualify for a federal tax credit, and how much you might be able to save.
Find out where an EV is assembled using its VIN
The US Department of Energy offers a VIN decoder tool to confirm where a given EV is assembled. Check it out here.
Check out our complete breakdown of state tax incentives, sorted by state
In additional to any federal credit you may or may not qualify for, there are a number of clean transportation laws, regulations, and funding opportunities available at the state level.
For example, in the state of California, drivers can qualify for a $2,000-$4,500 rebate or a grant up to $5,000 under the Clean Vehicle Assistance Program on top of any federal credit received (all rebate and grant amounts are based on income). Furthermore, states like California offer priority driving lanes and parking spots for EV drivers who qualify.
In New York, residents can receive either a $500 or $2,000 rebate depending on the base price of the EV purchased. Again, these incentives vary by state, and much like the federal tax credit, are contingent on multiple factors.
Want to learn more? Of course you do! Luckily, we’ve compiled each and every state rebate, tax credit, and exemption for you and sorted it by state. Whether its a purchase or lease of a new or used
EV, or the purchase and/or installation of an EV charger, you could get money back, depending where you live.
Here are all those tax credits, rebates, and exemptions, sorted by state.

Tax incentives on electric vehicles are worth the research
Hopefully this post has helped to incentivize you to use the resources above to your advantage.
Whether it’s calculating potential savings or rebates before making a new EV purchase or determining what tax credits might already be available to you for your current electric vehicle, there is much to discover.
Ditching fossil fuels for greener roadways should already feel rewarding, but right now the government is willing to reward you further for your environmental efforts.
Use it to your full capability while you can, because as more and more people start going electric, the less the government will need to reward drivers.
Electric Vehicle (EV) tax credit FAQ
At the federal level, the tax credits for EVs (electric cars, vans, trucks, etc) operates as money back at the end of the fiscal year you purchased or leased your vehicles based on a number of factors.
The awarded credit is up to $7,500 per vehicle, but how much you may get back will depend on the your annual income, whether you are filing with someone else like a spouse, and what electric vehicle you purchased.
For example, if you purchased a Ford Mustang Mach-E and owed $3,500 in income tax this year, then that is the federal tax credit you would receive. If you owed $10,000 in federal income tax, then you could qualify for the full $7,500 credit.
It’s important to note that any unused portion of the $7,500 is not available as a refund, nor as a credit for next year’s taxes.
You may also be able to receive money back right away as a point of sale credit, but those terms probably won’t kick in until 2024 at the earliest.
As things currently stand, there is a lot up in the air right now. The second list above details all of the electric vehicles that previously qualified before the signing of the Inflation Reduction Act this past August outlining new qualifying terms for automakers.
Some of the electric vehicles still qualify for tax credits if they are purchased and delivered before the end of 2022. Click here to learn more.
This answer is even less clear than the one above. As previously mentioned, qualifying terms for electric vehicle will become more strict beginning in 2023, and EVs and their battery components must be assembled in North America to qualify.
When the revised tax credit terms kick on January 1, 2023, very few electric vehicles will likely qualify, but as time goes on, more and more automakers will adapt their production strategies to operate within North America and start selling vehicles that qualify.
American companies like Ford and GM should qualify to some extent to begin, but others will follow. We will continually update the list above as we learn more.
Excellent question. Since traditional hybrid vehicles rely primarily on combustion and do not use a plug to charge, they do not qualify for tax credits at the federal level. Credits apply to plug-in electric vehicles which includes plug-in hybrid EVs and battery electric vehicles (BEVs).
Soon! Under revised terms in the inflation reduction act. Used EVs will now qualify in addition to new vehicles as previously stated.
Starting January 1, 2023 qualifying used EVs priced below $25,000 can qualify for up to $4,000 in federal tax credits. There are some terms to note however:
– Used vehicle qualifies for tax credit only once in its lifetime.
– Purchaser must be an individual (no businesses) to qualify for the used vehicle credit.
– Purchaser may only claim one used vehicle credit per three years.
– Tax credit is 30% of value of used EV up to $4,000
– Used vehicle must be at least two model years old at time of sale.
– The original use of the vehicle must have occurred with an individual other than the one claiming the used tax credit.
– Used vehicle must be purchased from a dealer.
– Gross income cap of $75k for individuals, $112,500 for head of household and $150k for joint returns.
– Credit may be applied at time of sale by dealer
Right now, no. But starting January 1, 2023, yes.
Under the new terms in the Inflation reduction act, the MSRP of electric vehicle must be $80,000 or less for SUVs, vans, and trucks. MSRPs for all other vehicles must be $55,000 or less.
Starting January 1, 2023, modified gross income limits will be $150,000 for individuals, $225,000 for head of household, and $300,000 for joint returns. Any reported annual income below these thresholds should qualify you for some level of tax credit, as long as your new purchase is a qualifying electric vehicle.
FTC: We use income earning auto affiliate links. More.
Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast.
You may like
Environment
MAN electric semi truck gets real as series production begins
Published
2 hours agoon
July 9, 2025By
admin

MAN Trucks are always good for a headline, but despite the company’s pro-battery bluster they’ve barely managed to get 200 battery electric semi trucks on the road … until now that is: the company announced that series production of its heavy-duty eTruck prime mover is officially underway!
We’ve been huge fans of MAN Trucks’ CEO Alexander Vlaskamp since last year, when he had the courage to explain a simple truth: that it’s impossible for hydrogen to effectively compete with battery electric when it comes to a viable fuel for transportation.
Since then, we’ve talked a bit about MAN’s early BEV customers — but with just 200 trucks on the road, they’ve been few and far between. That’s all set to change now that MAN Executive Board Member for Production Michael Kobriger, together with Manfred Weber, Member of the European Parliament and Chairman of the EPP, gave the go-ahead to start the eTruck production line at the company’s Munich plant.
From now on, both electric and diesel trucks will be produced in a fully integrated mixed production process on the same line, with enough capacity to produce up to 100 eTrucks per day. (!)
Advertisement – scroll for more content
“The start of series production of our electric trucks is historic. It marks a turning point in our history,” explains Vlaskamp, enthusiastically. “The future of MAN begins now, at this very moment. The entire MAN team is proud to be actively shaping the transformation from diesel to electric drive. Our highly efficient electric trucks will make locally emission-free freight transport a reality. This is an enormously important step towards achieving our goal of becoming CO2-neutral by 2050. The fact that we can manufacture the electric trucks on the same production line as our state-of-the-art diesel trucks also gives us enormous flexibility and increases production efficiency.”
MAN says the plant’s maximum capacity is 100 trucks per day, citing about 8 hours to produce one of its heavy-duty semis. The interesting thing, though, is that it doesn’t seem to matter whether those 100 trucks are diesel- or battery-powered.
Flexible assembly


“The production of electric or diesel trucks on a single line can be flexibly adapted to market developments, and the vehicles can be built exactly in the order in which they are ordered by customers. This innovative concept is accompanied by extensive changes along the assembly line as well as in the supply chain and logistics,” says Kobriger, citing that while ICE trucks are initially fitted with axles, tanks and exhaust systems, the electric models are instead fitted with two batteries under the cab together with a “power pack” of electrical components.
All 5,000+ Munich-plant MAN employees have been trained in high-voltage technology in preparation for this “transformation” of the facility. The company says it has 700 of its 740 km (about 450 mile) battery electric trucks already sold, with more sales sure to come as availability ramps up to meet demand.
Electrek’s Take

Betting against Tesla has been bad business for well over a decade now, but with MAN now capable of putting out about as many electric semi trucks in a single day as Tesla has in the last ::checks notes:: eight years since the official launch of the Tesla Semi concept, it’s hard to imagine them catching up — and harder still to see them catching up with Volvo or Renault, each of who have logged tens of millions of electric semi miles in recent years.
That said, Tesla has beaten legacy brands with massive, seemingly insurmountable leads before – but the good news is that, when it comes to EVs, whoever wins, we kind of all win, you know? Even Elon! That’s my take, anyway. Head down to the comments and let me know yours.
SOURCE | IMAGES: MAN Trucks.

BLUETTI portable power stations offer enough capacity to run power tools, appliances, or even serve as a full-home backup during outages. For extended outages, BLUETTI offers modular systems can keep your fridge, lights, or Wi-Fi going for days. And, if you’re traveling light, the new Handsfree line of backpack power stations offer plug-and-play energy on the go — perfect for remote work, camping, or emergencies.
Explore BLUETTI products and use AFF5OFF for an additional 5% off (US).
FTC: We use income earning auto affiliate links. More.
Environment
NYC creates new department to hassle e-bike delivery riders
Published
2 hours agoon
July 9, 2025By
admin

New York City is creating a new department aimed at cracking down on e-bike delivery workers, and critics say it’s the latest move in a growing pattern of targeting micromobility riders instead of the real threats on the road.
Buried inside NYC’s new $116 billion city budget is a plan to hire 45 new unarmed peace officers tasked with enforcing laws against delivery cyclists, particularly those riding e-bikes and mopeds. The new officers will work under the just-announced Department of Sustainable Delivery, a division of the Department of Transportation set to deploy in 2028.
Mayor Eric Adams says the department will help improve street safety and hold delivery app companies accountable for the pressure they put on gig workers. “The newly created Department of Sustainable Delivery is yet another step that we’re taking to support delivery workers, keep pedestrians safe, and hold delivery app companies accountable for placing unrealistic expectations on their workers that put New Yorkers in harm’s way,” Adams explained in a published statement.
But the move is already raising red flags among advocates for delivery workers and cycling safety, who warn that these efforts could lead to increased surveillance and policing of low-income, often immigrant workers, many of whom already operate under grueling conditions just to make ends meet.
Advertisement – scroll for more content
The officers will be trained to issue moving violations and enforce commercial cycling laws, though city officials haven’t clarified exactly how they’ll distinguish between a reckless rider and one simply hustling to meet the often unrealistic delivery windows imposed by apps like Uber Eats, DoorDash, and Grubhub.
While Adams frames the effort as a safety initiative, critics argue it’s another example of micromobility scapegoating. Just last month, he imposed a 15 mph speed limit on e-bikes across the city, in a move that advocates say ignores the realities of urban riding and fails to address the vastly greater danger posed by cars and trucks. The administration also moved to undo a redesign of Bedford Avenue in Brooklyn, rolling back a protected bike lane project that city data showed had improved safety.

Delivery riders in NYC, many of whom are immigrants working long shifts in all weather conditions, overwhelmingly use e-bikes to cover more ground, more quickly. These workers have been essential to the city’s economy, especially during the COVID-19 pandemic. Yet they continue to face increasing scrutiny from law enforcement, often for minor infractions, even as drivers of multi-ton vehicles are rarely held to the same standard.
City Council spokesperson Mara Davis acknowledged the concerns, stating, “There are always concerns about any new policy that could give way to discriminatory policing of delivery workers and immigrants. We remain in discussions with advocates and constructive members of the mayoral administration to advance solutions on e-bike safety, sustainable delivery, and street safety.”
Despite the rhetoric about safety, the data paints a different picture. City statistics show that e-bikes account for less than 4% of traffic-related injuries, and Gothamist pointed out that only six pedestrian fatalities involving e-bike riders were reported between 2021 and 2024. Meanwhile, cars and trucks continue to kill hundreds of New Yorkers every year. But rather than increasing enforcement on reckless drivers or investing more in safe bike infrastructure, the city is spending taxpayer money to police bicycles.
Electrek’s Take
In a city desperately trying to transition to more sustainable forms of transportation, I just don’t think that increasing pressure on the people doing the most riding is the answer. Delivery workers are part of the solution to car dependence, not the problem.
If NYC wants cleaner, safer streets, the focus should be on supporting these riders with safe infrastructure, affordable bikes, and better labor protections – not treating them like traffic scofflaws. Yes, enforcement is important. And yes, dangerous riders should be penalized to the full extent of the law, especially when they pose a real threat to pedestrians. But let’s not pretend like that’s what this about. If we cared about pedestrian safety, we’d be increasing enforcement to prevent the hundreds killed every year by cars in NYC – not the two pedestrians killed by e-bikes.
FTC: We use income earning auto affiliate links. More.
Environment
BYD is the first to unlock L4 smart parking and it comes with a surprise guarantee
Published
3 hours agoon
July 9, 2025By
admin

China’s EV leader, BYD, just reached another major breakthrough: its smart parking feature now offers L4 autonomy. To sweeten the deal, BYD says it will fully cover any losses associated with the new feature.
BYD becomes the first to achieve L4 smart parking
BYD said it was coming soon. Earlier this week, BYD posted on Weibo that it’s about to launch “the largest-scale smart driving OTA in history.”
On Wednesday, BYD confirmed that its smart parking system now offers L4 autonomy, becoming the first to achieve the feat. In a statement, the company said, “BYD is the first to achieve L4-level smart parking, and the official promise is to provide a safety guarantee.”
The company is also pledging to cover any losses tied to the feature. Instead of going through their insurance company, drivers can contact BYD’s after-sales team to handle the incident.
Advertisement – scroll for more content
All BYD vehicles equipped with its God’s Eye smart driving system can get the upgrade. Earlier this year, the EV maker upgraded 21 of its best-selling vehicles with its God’s Eye system, at no additional cost.


The breakthrough comes after BYD announced earlier this week that there are now over 1 million vehicles on the road with its God’s Eye smart driving system. With L4 smart parking, the vehicle can operate without human interaction under certain conditions.


And that’s not all. BYD also said it’s pushing new OTA updates for its God’s Eye B and C systems. God’s Eye B will gain new functions, including multiple U-turns, detours, and a three-speed parking feature. Meanwhile, God’s Eye C is set to receive front parking and lane change reminders.
BYD’s smart driving system has three levels: A, B, and C. The A system is primarily reserved for the ultra-luxury Yangwang brand, while B is used for Denza and some premium BYD brand models. The God’s Eye C system is used for lower-cost BYD vehicles, such as the Seagull EV, its top seller in China.
FTC: We use income earning auto affiliate links. More.
Trending
-
Sports3 years ago
‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports1 year ago
Story injured on diving stop, exits Red Sox game
-
Sports2 years ago
Game 1 of WS least-watched in recorded history
-
Sports2 years ago
MLB Rank 2023: Ranking baseball’s top 100 players
-
Sports4 years ago
Team Europe easily wins 4th straight Laver Cup
-
Environment2 years ago
Japan and South Korea have a lot at stake in a free and open South China Sea
-
Sports2 years ago
Button battles heat exhaustion in NASCAR debut
-
Environment2 years ago
Game-changing Lectric XPedition launched as affordable electric cargo bike