electric vehicle tax credit

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Which EVs qualify for new federal tax credits?

The Clean Vehicle Credit applies to qualified new vehicles and is worth up to $7,500. The Used Clean Vehicle Credit is worth either $4,000 or 30% of the cost of the used vehicle, whichever is smaller.

Biden plan for decarbonization
apnews.com

Biden aims to juice EV sales, but would his plan work?

Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck or SUV for a zero-emissions electric vehicle.

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