Federal Tax Credits for Plug-in Electric and Fuel Cell Electric Vehicles
(Vehicles placed in service on or after January 1, 2024 and before January 1, 2025)Attention:Not every version of the models listed below will necessarily qualify. Please check with the dealer/seller to determine the eligibility of your specific vehicle.MakeModel
YearVehicle Type Credit Amount MSRP Limit Eligibility Cadillac LYRIQ•2024 $7,500 $80,000 Check w/ dealer Chevrolet Blazer EV•2024 $7,500 $80,000 Check w/ dealer Bolt EUV•2022–2023 $7,500 $55,000 Check w/ dealer Bolt EV•2022–2023 $7,500 $55,000 Check w/ dealer Equinox EV•2024 $7,500 $80,000 Check w/ dealer Ford F-150 Lightning (Extended Range Battery)•2022–2024 $7,500 $80,000 Check w/ dealer F-150 Lightning (Standard Range Battery)•2022–2024 $7,500 $80,000 Check w/ dealer Honda Prologue•2024 $7,500 $80,000 Check w/ dealer Nissan LEAF S•2024 $3,750 $55,000 Check w/ dealer LEAF SV PLUS•2024 $3,750 $55,000 Check w/ dealer Rivian R1S Dual Large•2023–2024 $3,750 $80,000 Check w/ dealer R1S Quad Large•2022–2024 $3,750 $80,000 Check w/ dealer R1T Dual Large•2023–2024 $3,750 $80,000 Check w/ dealer R1T Dual Max•2023–2024 $3,750 $80,000 Check w/ dealer R1T Quad Large•2022–2024 $3,750 $80,000 Check w/ dealer Tesla Model 3 Performance•2023–2024 $7,500 $55,000 Check w/ dealer Model X Long Range•2023–2024 $7,500 $80,000 Check w/ dealer Model Y All-Wheel Drive•2023–2024 $7,500 $80,000 Check w/ dealer Model Y Performance•2023–2024 $7,500 $80,000 Check w/ dealer Model Y Rear-Wheel Drive•2024 $7,500 $80,000 Check w/ dealer Volkswagen ID.4 AWD PRO•2023–2024 $7,500 $80,000 Check w/ dealer ID.4 AWD PRO S•2023–2024 $7,500 $80,000 Check w/ dealer ID.4 AWD PRO S PLUS•2023–2024 $7,500 $80,000 Check w/ dealer ID.4 PRO•2023–2024 $7,500 $80,000 Check w/ dealer ID.4 PRO S•2023–2024 $7,500 $80,000 Check w/ dealer ID.4 PRO S PLUS•2023–2024 $7,500 $80,000 Check w/ dealer ID.4 S•2023–2024 $7,500 $80,000 Check w/ dealer ID.4 STANDARD•2023–2024 $7,500 $80,000 Check w/ dealer Updated3/14/2024
Source: Internal Revenue Service
General Discussion, page-903
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