"Maximizing Savings: The Latest Guide to EVs Qualifying for Full Federal Tax Credits"
TL;DR Summary
The list of electric vehicles eligible for the $7,500 tax credit in 2024 has been reduced to 13 models due to new regulations that exclude cars with materials from certain foreign entities, including China. The updated list includes select models from Tesla, Rivian, Chevrolet, Ford, Chrysler, Jeep, and Lincoln. The Tesla Model 3 Performance is eligible, but other Model 3 versions are not. The Ford Mustang Mach-E has also been removed from the list. Vehicle eligibility can be confirmed by submitting the VIN on fueleconomy.gov.
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- Taking advantage of EV tax credits just got easier Grist
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