Electric Vehicles And Plug-in Hybrids Eligible For Federal Tax Credits
To qualify for up to $7,500 in tax credits, your new EV or eligible plug-in hybrid vehicle (PHEV) must meet certain rules. • Expensive EVs such as the GMC Hummer EV, Lucid Air, and Tesla Model S are not eligible, as a vehicle’s MSRP cannot exceed a certain limit. For SUVs… Source: www.consumerreports.org