EV Incentives 2025: Complete Guide to Credits and Rebates

By EvValley Team10 min readBuying/Selling Tips
EV Incentives 2025: Complete Guide to Credits and Rebates

EV Incentives 2025

This guide summarizes federal point‑of‑sale credits, used EV credits and the largest state rebates for 2025, with eligibility checkpoints you can follow in minutes.

Federal Credits

  • New EV: Up to $7,500 at the dealership if battery sourcing/assembly rules pass.
  • Used EV: Up to $4,000 (vehicle ≥2 years old, price < $25,000, income caps apply).
  • Leases: Credit flows to lessor and is usually passed to you as a discount.

State Highlights

  • CA: CVRP up to $7,500 for qualifying buyers.
  • CO: $2,000–$5,000 point‑of‑sale credits (trim dependent).
  • NY: Drive Clean Rebate up to $2,000.

Eligibility Checklist

  1. Confirm model trim on IRS qualified list.
  2. Verify income and MSRP caps.
  3. Keep purchase docs + VIN + compliance certificate.

Browse credit‑eligible listings and estimate your net price.

See eligible vehicles

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EV incentives 2025tax credit 2025rebates

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EV Incentives 2025: Complete Guide to Credits and Rebates