Fact checked by Vikki Velasquez The clean vehicle tax credit is designed to encourage you to purchase an electric vehicle (EV ...
If you’re shopping for or researching an electric vehicle in 2025, you’ve probably heard that significant changes in the federal tax credit of up to $7,500 for EVs and plug-in hybrids took ...
The $7,500 federal tax credit for EVs has income requirements, but car salespeople aren't accountants, so double-check that you're eligible before driving off the lot.