Barely any EVs qualify for the $7,500 tax credit now – here’s the full list

Happy New Year! And with a new year now upon us, say goodbye to a ton of vehicles that had qualified for the $7,500 federal tax credit in 2023. With the new federal requirements that kicked into effect on January 1st, a ton of electric vehicles that previously qualified for the full tax credit have either been downgraded or lost their eligibility altogether.

As reported by The Verge, the number of electric vehicles and plug-in hybrids that still qualify for the full $7,500 federal tax credit is very low. Chevrolet, Chrysler, Ford, and Tesla all still make vehicles that qualify for the full credit, but not every configuration or every model qualifies.

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Barely any EVs qualify for the $7,500 tax credit now – here’s the full list originally appeared on BGR.com on Tue, 2 Jan 2024 at 16:30:00 EDT. Please see our terms for use of feeds.