Edmunds reports EV tax credits will end September 30, 2025. New buyers can claim up to $7,500; used buyers up to $4,000, with eligibility requirements.

The federal tax credits , which are meant to get drivers behind the wheel of electric cars, end Sept. 30.

What to know about buying electric vehicles after the federal tax incentives end The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.

How Much Is The EV Tax Credit Worth? The policy can get you $7,500 off of a new car for EVs that qualify. The credit for used plug-in cars covers 30% of a vehicle’s purchase price, up to $4,000.

The House version of the tax bill would revoke credits for EVs starting at the end of this year. If the plan survives, it would dramatically shape automaker investments and EV sales.

Mercedes Will Pause EQ Production For America Right As The EV Tax Credits End The cars will continue to be built for global markets at those plants, but order books for the U.S. are now closed ...