Since the latest rules governing EV purchase tax credits (30D) came into effect on April 18, 2023, the list of vehicles eligible for the purchase tax credit has changed. As of August 15, 2023, eight MY 2023 models qualify for the full $7,500 credit, and eight MY 2023 models qualify for the $3,750 credit. In addition, four MY 2024 models will also qualify, three at $7,500 and one at $3,750.

To obtain the credit, consumers and dealers do not need to know the qualifying factors (including battery and mineral content and assembly location). The relevant information they do need includes: whether that vehicle qualifies for a tax credit (and if it receives the full $7,500 or the half credit of $3,750), the vehicle’s MSRP and the consumer’s modified adjusted gross income.

With dealer input, NADA is advocating for a VIN search program, so that they and consumers can easily verify which vehicles qualify.

MY 2023 models qualifying for the full $7,500 credit:

MY 2023 models qualifying for $3,750 credit:

Additional models qualifying in 2024: