Federal EV Tax CreditsĮV incentives from the federal government for the purchase of an eligible vehicle are substantial and can amount to a $7,500 tax credit. Fear not! We’ve done the homework and mapped out the current landscape of incentives below. Navigating all of the available EV and EVSE incentives can feel a bit daunting, especially for first-time EV buyers. Who doesn’t want to save money on their next vehicle purchase? One of the more appealing aspects of shopping for an electric car or charging station is the wide range of federal, state, local, and utility incentives available, which can add up to thousands of dollars of savings.
