Clean Vehicle Credit Changes

As of January 1st, the list of eligible new EVs and PHEVs that qualify for the Clean Vehicle Credit have been reduced to 13. It’s important to note that some of these vehicles only qualify for half of the credit, while others qualify for the whole amount. Half credit vehicles are indicated. Note that more vehicles may be added throughout 2024. As a reminder, other factors will determine if you qualify for the credit, beyond just the right vehicle found here:

  • Ford F-150 Lightning (extended and standard-battery versions under $80,000)

  • Chevy Bolt (soon to be discontinued)

  • Chevy Bolt EUV (soon to be discontinued)

  • Tesla Model 3 (Performance only)

  • Tesla Model Y

  • Tesla Model X (Long range only, optioned below $80,000)

  • Chrysler Pacifica Plug In Hybrid

  • Rivian R1S (Dual large and quad large versions under $80,000; $3,750 max credit)

  • Rivian R1T (The dual-large, dual-max, and quad-large versions under $80,000; $3,750 max credit)

  • Ford Escape Plug In Hybrid ($3,750 max credit)

  • Jeep Wrangler 4xe ($3,750 max credit)

  • Jeep Grand Cherokee 4xe ($3,750 max credit)

  • Lincoln Corsair Grand Touring ($3,750 max credit)

For more details on the credit for new vehicles, see the IRS site.

Used vehicles can qualify for up to a $4,000 credit, but it depends on specific requirements being met. The credit equals 30% of the sale price up to a maximum credit of $4,000:

  • The vehicle must be two model years old or older

  • It must cost $25k or less to the buyer

  • It must be sold through a participating dealer

See more details for the used credit at the IRS website.

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