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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

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Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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How to Get the Federal Clean Vehicle Tax Credit This Year

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The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The value of the tax credit allowed and any other purchase incentives.

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How Do the Electric Vehicle Tax Credits Work?

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Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

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How to Take Advantage of EV Charging Incentives for Fleets

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Types of fleet incentives Incentives come in different forms, but they are all meant to encourage businesses to invest in activities like electrifying their commercial fleet of light, medium, or heavy-duty vehicles. Government agencies at all levels provide incentives for buying EVs and/or installing electric vehicle infrastructure.

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The US Needs 20 Times More EV Charging Stations by 2030… Or Else

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According to the Bureau of Transportation Statistics , electric vehicle sales, including plug-in hybrid electric (PHEV) and battery electric vehicles (BEV), increased from just over 17,000 in 2011 to 632,883 in 2021. It’s promising to see electric vehicle sales increase, but now they need commercial EV charging stations to stay charged.

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Here’s every electric vehicle that currently qualifies for the US federal tax credit in 2024

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As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

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How to Answer Top EV FAQs This Season at Your Dealership

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It’s a new car-buying season and many new car buyers want to take advantage of the federal government’s electric vehicle tax incentives. To help, we have compiled some of the most common frequently asked questions asked by dealership customers and new EV owners before buying their first EV. It depends. Can I use a DCFC?

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