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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

JANUARY 4, 2024

On the one hand, the (up to) $7,500 tax credit is now available right away at the point of sale, eliminating the wait time and allowing drivers to apply their savings directly to the purchase of their vehicle at the dealership—which is great for consumers. The full $7,500 tax credit is split into two parts, each worth $3,750.

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Tax Credit Tax Personal F-150 52
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How New Eligibility Criteria for the Electric Vehicle Tax Credit Affects You

Blink Charging

DECEMBER 15, 2023

Opting for an electric vehicle and leveraging the EV tax credit to help with your next electric vehicle purchase is a smart move. There are various opportunities available to help offset the expenses linked with transitioning to electric vehicle. New EVs that are leased, however, offer much more flexibility in their qualifications.

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Tax Credit Tax Electric Vehicles North America 52
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