Nessa Zitella

Electric Vehicle Tax Rebate 2024. New electric vehicles can qualify for either the full $7,500 credit or a partial $3,750 credit (we'll get into why that is later). 1, reflecting a push by the biden administration to focus the financial incentives on domestically.

The bad news is that fewer vehicles are now eligible for tax. It should be easier to get because it’s now available as an instant rebate at dealerships, but.