Confused about the federal tax credit?

Know which EVs are eligible

Chrysler Pacifica Plug-in Hybrid

The Inflation Reduction Act of 2022 changed the rules for the US tax credit for electric vehicles (EV) purchased from 2023 to 2032. The following vehicles are eligible for a $7500 credit:

All-electric

Cadillac Lyriq

Chevrolet Bolt EV, EUV

Ford F-150 Lightning

Ford Mustang Mach-E

Ford E-Transit

Nissan LEAF SV, S, S Plus, SL Plus, SV Plus

Rivian R1T, R1S

Tesla Model 3, Model Y

VW ID.4

Plug-in hybrid

Audi Q5 TFSI e Quatro

BMW 330e, X5 xdrive45e

Chyrsler Pacifica Plug-in Hybrid

Ford Escape Plug-in Hybrid

Jeep Grand Cherokee 4xe

Jeep Wrangler 4xe

Lincoln Aviator Grand Touring

Lincoln Corsair Grand Touring

Volvo S60 Recharge, S60 T8 Recharge