The Best Electric SUVs on the Market
EV Life
JUNE 8, 2023
The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750. In 2021, the MSRPs on EVs were, on average, around $10,000 more than their gas-powered counterparts.
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