EV Rebates Explained: How to Save Thousands on Your Next Car

Thinking about going electric? Now may be the perfect time. With new federal and state rebates in place, EV buyers can pocket serious savings — but only if they know where (and how) to claim them. Here’s your fast-track guide to unlocking the biggest incentives before they’re gone.

Federal Tax Credits: Up to $7,500 Back

The federal EV tax credit can knock up to $7,500 off your tax bill — but eligibility depends on:

- Where the vehicle is assembled

- Your income level

- The car's battery components and materials

Quick Tip: Some models qualify for instant dealer discounts at the point of sale in 2024 — no waiting for tax season.