Tax Rebate For Electric Car 2024 Usa. The ev tax credit becomes an instant dealership rebate in 2024, giving ev buyers instant access to the credit and allowing them to finance a lower amount up. In 2023, 17 full evs qualified for the credit.

The electric vehicle tax credit — also known as the “clean vehicle tax credit,” or 30d, if you like irs code — can offer up to $7,500 off the purchase of a new ev. Department of the treasury announces more than $1 billion in upfront savings for consumers on electric vehicle sales.