Federal Tax Credits for All-Electric and Plug-in Hybrid Vehicles

Federal Tax Credit Up To $7,500!

All-electric and plug-in hybrid cars purchased in or after 2010 may be eligible for a federal income tax credit of up to $7,500. The credit amount will vary based on the capacity of the battery used to power the vehicle. State and/or local incentives may also apply.

Small neighborhood electric vehicles do not qualify for this credit, but they may qualify for another credit.

Filter table by…

Vehicle Type

All-Electric

Plug-in Hybrids

All

Manufacturer

Vehicle Make & Model	Vehicle Type	Full Credit	Phase Out
Vehicle Make & Model	Vehicle Type	Full Credit	50%	25%
AMP Electric Vehicles		1/1/10 to Present	TBD	TBD
2012 GCE Electric Vehicle
2012 GCE Electric Vehicle		$7,500	–	–
2012 MLE Electric Vehicle
2012 MLE Electric Vehicle		$7,500	–	–
Audi		1/1/10 to Present	TBD	TBD
2016–18 A3 e-tron
2016–18 A3 e-tron		$4,502	–	–
2016 A3 e-tron ultra
2016 A3 e-tron ultra		$4,502	–	–
BMW		1/1/10 to Present	TBD	TBD
2014–18 i3 Sedan
2014–18 i3 Sedan		$7,500	–	–
2014–18 i3 Sedan w/ Range Extender
2014–18 i3 Sedan w/ Range Extender		$7,500	–	–
2017 i3 Sedan (w/ 60 amp-hr battery)
2017 i3 Sedan (w/ 60 amp-hr battery)		$7,500	–	–
2018 i3s
2018 i3s		$7,500	–	–
2018 i3s w/ Range Extender
2018 i3s w/ Range Extender		$7,500	–	–
2014–17 i8
2014–17 i8		$3,793	–	–
2019 i8 Coupe
2019 i8 Coupe		$5,669	–	–
2019 i8 Roadster
2019 i8 Roadster		$5,669	–	–
2016–18 X5 xDrive40e
2016–18 X5 xDrive40e		$4,668	–	–
2016–18 330e
2016–18 330e		$4,001	–	–
2018–19 530e
2018–19 530e		$4,668	–	–
2018–19 530e xDrive
2018–19 530e xDrive		$4,668	–	–
2017 740e
2017 740e		$4,668	–	–
2018–19 740e xDrive
2018–19 740e xDrive		$4,668	–	–
2018–19 MINI Cooper SE Countryman ALL4
2018–19 MINI Cooper SE Countryman ALL4		$4,001	–	–
BYD Motors		1/1/10 to Present	TBD	TBD
2012–17 e6 Electric Vehicle
2012–17 e6 Electric Vehicle		$7,500	–	–
Chrysler		1/1/10 to Present	TBD	TBD
2017–18 Pacifica Plug-in Hybrid
2017–18 Pacifica Plug-in Hybrid		$7,500	–	–
CODA Automotive		1/1/10 to Present	TBD	TBD
2010, 2012 CODA Sedan
2010, 2012 CODA Sedan		$7,500	–	–
Electric Mobile Cars		1/1/10 to Present	TBD	TBD
2010 E36 7 Passenger Wagon
2010 E36 7 Passenger Wagon		$7,500	–	–
2010 E36t Pick-up Truck
2010 E36t Pick-up Truck		$7,500	–	–
2010 E36v Utility Van
2010 E36v Utility Van		$7,500	–	–
Fiat		1/1/10 to Present	TBD	TBD
2013–18 Fiat 500e
2013–18 Fiat 500e		$7,500	–	–
Fisker		1/1/10 to Present	TBD	TBD
2012 Fisker Karma Sedan
2012 Fisker Karma Sedan		$7,500	–	–
Ford		1/1/10 to Present	TBD	TBD
2012–18 Ford Focus EV
2012–18 Ford Focus EV		$7,500	–	–
2013–17 Ford C-Max Energi
2013–17 Ford C-Max Energi		$4,007	–	–
2013–18 Ford Fusion Energi
2013–18 Ford Fusion Energi		$4,007	–	–
Ford/Azure Dynamics		1/1/10 to Present	TBD	TBD
2011–12 Transit Connect EV
2011–12 Transit Connect EV		$7,500	–	–
General Motors		1/1/10 to Present	TBD	TBD
2014, 2016 Cadillac ELR
2014, 2016 Cadillac ELR		$7,500	–	–
2017–18 Cadillac CT6 Plug-in
2017–18 Cadillac CT6 Plug-in		$7,500	–	–
2017–19 Chevrolet Bolt EV
2017–19 Chevrolet Bolt EV		$7,500	–	–
2011–19 Chevrolet Volt
2011–19 Chevrolet Volt		$7,500	–	–
2014–16 Chevrolet Spark EV
2014–16 Chevrolet Spark EV		$7,500	–	–
Honda		1/1/10 to Present	TBD	TBD
2014 Accord Plug-in Hybrid
2014 Honda Accord Plug-in Hybrid		$3,626	–	–
2018 Clarity Plug-in Hybrid
2018 Honda Clarity Plug-in Hybrid		$7,500	–	–
Hyundai		1/1/10 to Present	TBD	TBD
2017 Ioniq Electric
2017 Ioniq Electric		$7,500	–	–
2018 Ioniq Plug-in Hybrid Electric Vehicle
2018 Ioniq Plug-in Hybrid Electric Vehicle		$4,543	–	–
2016–17 Sonata Plug-in Hybrid
2016–17 Sonata Plug-in Hybrid Electric Vehicle		$4,919	–	–
Jaguar		1/1/10 to Present	TBD	TBD
2019 Jaguar I-Pace
2019 Jaguar I-Pace		$7,500	–	–
Karma		1/1/10 to Present	TBD	TBD
2018 Karma Revero
2018 Karma Revero		$7,500	–	–
Kia		1/1/10 to Present	TBD	TBD
2018 Niro Plug-in Hybrid
2018 Niro Plug-in Hybrid		$4,543	–	–
2017–18 Optima Plug-in Hybrid
2017–18 Optima Plug-in Hybrid		$4,919	–	–
2015–18 Soul Electric
2015–18 Soul Electric		$7,500	–	–
Mercedes-Benz		1/1/10 to Present	TBD	TBD
2014–17 B-Class EV
2014–17 B-Class EV		$7,500	–	–
2015–17 S550e
2015–17 S550e Plug-in Hybrid		$4,460	–	–
2016–18 GLE550e 4matic
2016–18 GLE550e 4matic		$4,460	–	–
2018 GLC350e 4matic
2018 GLC350e 4matic		$4,460	–	–
2016–18 C350e
2016–18 C350e		$3,501	–	–
Mitsubishi		1/1/10 to Present	TBD	TBD
2012, 2014, 2016, 2017 i-MiEV
2012, 2014, 2016, 2017 i-MiEV		$7,500	–	–
2018 Outlander Plug-in
2018 Outlander Plug-in		$5,836	–	–
Nissan		1/1/10 to Present	TBD	TBD
2011–18 Leaf
2011–18 Leaf		$7,500	–	–
Porsche		1/1/10 to Present	TBD	TBD
2015–18 Cayenne S E-Hybrid
2015–18 Cayenne S E-Hybrid		$5,336	–	–
2014–16 Panamera S E-Hybrid
2014–16 Panamera S E-Hybrid		$4,752	–	–
2015 918 Spyder
2015 918 Spyder		$3,667	–	–
2018 Panamera 4 E-Hybrid
2018 Panamera 4 E-Hybrid		$6,670	–	–
smart USA		1/1/10 to Present	TBD	TBD
2011, 2013–18 fortwo electric vehicle (all)
2011, 2013–18 fortwo electric vehicle (coupe/cabriolet)		$7,500	–	–
Tesla Motors		1/1/10 to Present	1/1/19 to 6/30/19	7/1/19 to 12/31/19
2012–18 Model S
2012–18 Model S		$7,500	$3,750	$1,875
2016–18 Model X
2016–18 Model X		$7,500	$3,750	$1,875
2018 Model 3 Long Range
2018 Model 3 Long Range		$7,500	$3,750	$1,875
2008–11 Roadster
2008–11 Roadster		$7,500	–	–
Think		1/1/10 to Present	TBD	TBD
2011 Think City EV
2011 Think City EV		$7,500	–	–
Toyota		1/1/10 to Present	TBD	TBD
2012–14 RAV4 EV
2012–14 RAV4 EV		$7,500	–	–
2012–15 Prius Plug-in Hybrid
2012–15 Prius Plug-in Hybrid		$2,500	–	–
2017–18 Prius Prime Plug-in Hybrid
2017–18 Prius Prime Plug-in Hybrid		$4,502	–	–
VIA Motors		1/1/10 to Present	TBD	TBD
2014 2500 Extended Range Electric Passenger Van
2014 2500 Extended Range Electric Passenger Van		$7,500	–	–
2014 1500 Extended Range Electric Truck 4WD (All body styles)
2014 1500 Extended Range Electric Truck 4WD (All body styles)		$7,500	–	–
2014 2500 Extended Range Electric Cargo Van
2014 2500 Extended Range Electric Cargo Van		$7,500	–	–
2014 1500 Extended Range Electric Truck 2WD (All body styles)
2014 1500 Extended Range Electric Truck 2WD (All body styles)		$7,500	–	–
Volkswagen		1/1/10 to Present	TBD	TBD
2015–17 e-Golf
2015–17 e-Golf		$7,500	–	–
Volvo		1/1/10 to Present	TBD	TBD
2018–19 S90
2018–19 S90		$5,002	–	–
2018–19 XC60
2018–19 XC60		$5,002	–	–
2018–19 XC90
2018–19 XC90		$5,002	–	–
2018–19 XC90 Excellence
2018–19 XC90 Excellence		$5,002	–	–
2016–17 XC-90 T8 Twin Engine Plug in Hybrid
2016–17 XC-90 T8 Twin Engine Plug in Hybrid		$4,585	–	–
Wheego		1/1/10 to Present	TBD	TBD
2011 LiFe
2011 LiFe		$7,500	–	–

Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D)

Requirements

To be certified for the credit by the manufacturer, the vehicle must meet the following requirements:

The vehicle must be made by a manufacturer (i.e., it doesn't include conventional vehicles converted to electric drive).
It must be treated as a motor vehicle for purposes of title II of the Clean Air Act.
It must have a gross vehicle weight rating (GVWR) of not more than 14,000 lbs.
It must be propelled to a significant extent by an electric motor which draws electricity from a battery which
- has a capacity of not less than 4 kilowatt hours and
- is capable of being recharged from an external source of electricity.

The following requirements must also be met for a certified vehicle to qualify:

The original use of the vehicle commences with the taxpayer—it must be a new vehicle.
The vehicle is acquired for use or lease by the taxpayer, and not for resale. (The credit is only available to the original purchaser of a new, qualifying vehicle. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.)
The vehicle is used mostly in the United States.
The vehicle must be placed in service by the taxpayer during or after the 2010 calendar year.

Phaseout

The credit begins to phase out for vehicles at the beginning of the second calendar quarter after the manufacturer has sold 200,000 eligible plug-in electric vehicles (i.e., plug-in hybrids and EVs) in the United States as counted from January 1, 2010. IRS will announce when a manufacturer exceeds this production figure and will announce the subsequent phase out schedule (Plug-In Electric Drive Motor Vehicle Credit Quarterly Sales).

Claiming the Credit

Fill out Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit.

For vehicles acquired for personal use, report the credit from Form 8936 on the appropriate line of your Form 1040, U.S. Individual Income Tax Return.

For vehicles purchased in 2010 or later, this credit can be used toward the alternative minimum tax (AMT).

If the qualifying vehicle is purchased for business use, the credit for the business use of an electric vehicle is reported on Form 3800, General Business Credit.

Additional Information

Internal Revenue Service (IRS)

DISCLAIMER

The information on this page should not be viewed as an official or legally binding document. Other requirements or exceptions may apply. For more detailed information, please consult an IRS tax representative and/or official IRS publications.