EV Tax Credits
An overview of EV tax credits
What you need to know about EV Tax Credits
If you want to qualify for a tax credit on the EV you're going to purchase, you will really need to go through some (or all) of the articles we have included in the list below.
There are as many different regulations to comply with as there are countries, and even states. Some U.S. states give higher tax credits than others. Some states reduce or even remove f.e. vehicle registration fees, the amount of road tax you have to pay. and so forth. Some utility companies even give discounts for certain type of EV owners or rebates if you purchase a Level 2 charger. The rules change all the time though, and it's very likely that the minimum requirements will differ every year.
EV Brand Deals
Some EV car manufacturers will offer incentives to sell you one of their EVs. This may in the form of extra equipment or even a 0% interest rate on certain financing deals. Please take note, that some areas may have better incentives than others, so do shop around. We hope we will be able to assist with this as The EV Riders grows.
EV abbreviations you need to know
- BEV - Battery Electric Vehicle -
- HEV - Hybrid Electric Vehicle
- PHEV - Plug-in Hybrid Electric Vehicle
- EVSE - Electric Vehicle Supply Equipment
Useful links
- Federal Tax Credits for New All-Electric and Plug-in Hybrid Vehicles - by The U.S. Department of Energy
- Search Federal and State Laws and Incentives - by The U.S. Department of Energy
- A complete guide to the new USA EV tax credit
- Government incentives for plug-in electric vehicles around the world - by Wikipedia
- EV charging infrastructure incentives in Europe 2022
- Electric vehicles that qualify for new EV tax credit - By Consumer Reports, Inc.