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A Project of The Annenberg Public Policy Center

Tax Credit for Plug-in Electric Vehicles Still Available for Certain Models

Tax Credit for Plug-in Electric Vehicles Still Available for Certain Models

Dozens of electric cars and trucks still qualify for a federal tax credit of up to $7,500 for buyers purchasing new plug-in electric vehicles. President Joe Biden misleadingly claimed that the Trump administration allowed the tax credit to expire, which, so far, is only the case for purchases of models made by Tesla and General Motors.