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Which 2024 EVs qualify for the $7,500 EV tax credit?

Green Car Reports

The list of electric vehicles qualified for the EV tax credit in calendar year 2024 has been released. And as expected, it’s very short. Noteworthy Tesla omissions include most of the Model 3 lineup (the Performance version is the only one that now qualifies), as well as the entire Model S lineup.

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New Electric Vehicles Qualify for Federal Tax Credit

Green Energy Consumers

As spring 2024 unfolds, we have some good news: more vehicle models are now eligible for the federal tax credit than when the list changed on January 1. Department of Energy recently released a new list of EVs that receive between $3,750 and $7,500 in federal tax credit.

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New List of Electric Cars for Federal Tax Credit

Green Energy Consumers

Earlier this month, we published a blog warning that the list of electric vehicles (EVs) that qualify for the federal tax credit would change on April 18, when the battery requirements written into the Inflation Reduction Act (IRA) finally kicked in.

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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The site provides consumers with information to help guide buying decisions for all types of vehicles, including current EV federal tax credits, as well as operation and maintenance tips to save drivers money. Four of the models on the guide’s “best in class” list of cars by size are conventionally fueled.

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Inflation Reduction Act mandates escalating battery critical mineral requirements to qualify for EV tax credit

Green Car Congress

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Base Tesla Model 3 now also qualifies for $7,500 tax credit

Green Car Reports

The base Tesla Model 3 now qualifies for the full $7,500 federal EV tax credit, joining other Model 3 variants. On Friday, Tesla fans noted that, when building a base Model 3, Tesla then indicated that it was eligible for a $7,500 credit.

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New Price Caps for Federal Tax Credit for Electric Cars

Green Energy Consumers

Last week, the Internal Revenue Service (IRS) and Treasury Department made a change to the federal tax credit for electric vehicles (EVs) that changes the list of eligible vehicles for 2023.