2024 Tax Credits For Electric Vehicles Plugin. August 5, 2024 · 6 minute read. Income tax credits at the time of purchase.
The federal government offers tax credits ranging from $2,500 to $7,500 for new phev purchases, provided that the majority of the construction and supply chain is based in. The inflation reduction act (ira) provides new opportunities for consumers to save money on clean vehicles, offering multiple incentives for the purchase or lease of electric.