Find out if your electric vehicle (EV) or fuel cell vehicle (FCV) qualifies for a tax credit based on type, purchase date and business or personal use.

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.

The EV tax credit is up to $7,500 for qualifying new electric vehicles and up to $4,000 for qualifying used electric vehicles bought before September 30, 2025.

Jul 10, 2025 · How Much Is The EV Tax Credit Worth? The policy can get you $7,500 off of a new car for EVs that qualify. The credit for used plug-in cars covers 30% of a vehicle’s purchase …

"October marked a sharp reversal for the electric vehicle (EV) market as the expiration of the federal EV tax credit cooled demand after three months of accelerated sales," said Stephanie …

. Summary of Tax Credits for New and Used Clean Vehicles and Charging Equipment Three new tax credits are available to individual purchasers of clean vehicles. To find out if your purchase …

Jan 1, 2023 · All-electric, plug-in hybrid, and fuel cell electric vehicles acquired new from January 1, 2023, through September 30, 2025 may be eligible for a federal income tax credit of up to …

If you have a used or new electric vehicle, you may be eligible for an EV tax credit. Learn the rules, income limits, and how to claim the credits with H&R Block.

Oct 10, 2025 · EV tax credits now expire in September 2025 due to new legislation. Here's the electric cars and PHEVs eligible in the meantime.

Sep 30, 2025 · Electric Vehicle Tax Credits Are Gone in 2025: What You Need to Know Why are the tax credits going away, and which cars are eligible for the new and used EV tax credit?