The Top 3 Electric Vehicles Still Eligible for a $7,500 Electric Vehicle Tax Credit

Electric vehicles have many advantages, but one thing that is keeping some car buyers away from them is their higher price compared to gas powered cars. However, in many cases, the expenses are mitigated by the Federal Electric Vehicle Tax Credit, which offers up to $7,500 for eligible models. Check out the top three electric cars that still qualify for a full $7,500 federal tax credit.

Which electric vehicles still qualify for a full $7,500 federal tax credit?

2022 Ford Mustang Mach i| stronghold

The Federal Tax Credit for Electric Vehicles was mentioned in 2010 as an incentive for people to buy electric cars. However, there are limits on each automaker for the electric vehicle tax credit, based on the number of electric vehicles they sold.

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