Incentives · November 2026

EV incentives by state

The federal credit ended on September 30, 2025. We found state programs in 16 states; funding changes fast and some are near empty. Utility rebates are not listed here. See also EV registration fees by state.

Federal

30D New Clean Vehicle CreditEnded September 30, 2025
25E Previously Owned Clean Vehicle CreditEnded September 30, 2025
45W Qualified Commercial Clean Vehicle CreditEnded September 30, 2025
30C Alternative Fuel Vehicle Refueling Property Credit (home charger)Ended June 30, 2026
Car loan interest deduction (qualified passenger vehicle loan interest)Active through 2028: $10,000 a year, new US-assembled vehicles, income limits apply
HOV lane single-occupant access (California Clean Air Vehicle decal)Ended September 30, 2025

Pick your state

The federal tax credit: common questions

Is there still a $7,500 federal tax credit for electric cars?

No. The $7,500 new clean vehicle credit ended for cars acquired after September 30, 2025. The IRS counts a car as acquired on the day you sign a binding written contract and make a payment, so only buyers who did both by that date can still claim it. The $4,000 used EV credit and the commercial credit behind lease deals ended the same day.

Can I still get a tax break on an EV?

The home charger credit ended for chargers placed in service after June 30, 2026. Through 2028 you can deduct up to $10,000 a year of interest on a loan for a new, US-assembled vehicle, with income limits. State rebates are what is left for most buyers.