The US Division of Power revealed the up to date listing of EVs that qualify for the federal tax credit score in 2025—at the least till Jan. 20, that’s.
President-elect Donald Trump reportedly plans to eradicate the EV tax credit score when he takes workplace. Whether or not or not you agree with these federal subsidies, it’s possible you’ll as effectively purchase one ASAP in case you’re out there for an EV and wish some free cash.
The credit score, which dates again to 2022 as a part of the Inflation Discount Act, is now simpler than ever to get after a coverage change to supply the funds on the supplier as a substitute of when submitting annual taxes. The feds say “greater than 250,000” credit went to purchases of latest clear automobiles in 2024 on the supplier. Remember the fact that the credit score is barely eligible for consumers with an revenue below $150,000 for people, $225,000 for head of family, and $300,000 for married or collectively submitting. This goals to stop federal funds from going to those that do not want them.
In case you do qualify, listed here are the fashions you may wish to think about in 2025 and those that dropped off the listing from final yr.
Newly Eligible Fashions for 2025: Cybertruck, Kia, Hyundai
Tesla Cybertruck (Credit score: Emily Forlini)
Among the best-selling EVs accessible now qualify for a $7,500 credit score for eligible consumers. That features the Tesla Cybertruck, which joins the Mannequin 3, X, and Y on the listing. CEO Elon Musk nonetheless claims to assist Trump casting off the credit score, which he says would profit Tesla in the long run by hurting its rivals extra.
The perfect-selling Kia EV6 and EV9 additionally made the 2025 listing. The EV9 is among the many solely 3-row electrical SUVs available on the market, in addition to the dearer Rivian R1S. Nonetheless, Hyundai will debut the Ioniq 9 subsequent yr, its 3-row electrical SUV. It, too, qualifies for the tax credit score. For the primary time, the Hyundai Ioniq 5 additionally qualifies. It’s the solely non-Tesla EV confirmed to have a built-in NACS cost port subsequent yr, permitting it to energy up at Tesla Superchargers with no adapter.
Kia EV9 (Credit score: Emily Forlini)
The Electrified GV70, from Hyundai’s Genesis luxurious model, additionally joins the listing. Kia, Hyundai, and Genesis are all owned by the identical mum or dad firm. It shifted manufacturing of those automobiles to the US, which is required to qualify, with sufficient regionally sourced battery supplies and elements to fulfill the important mineral necessities.
Fashions That Misplaced Eligibility in 2025: Rivian, Nissan, VW, Bolt
The Rivian R1T and R1S sadly fell off the listing, as did the previous standby Nissan Leaf. Each beforehand certified for the $3,750 half credit score as a consequence of solely partially satisfying the home battery supplies necessities.
With out them on the listing, no EVs qualify for the half-credit. All remaining fashions get the complete $7,500. That retains issues easy, however we’re unhappy to see these nice EVs grow to be much less engaging to consumers. It might have been required, nonetheless, given the monetary struggles of each corporations. Domestically sourced batteries are costly, and Rivian and Nissan are each displaying indicators of weakening wallets.
Rivian R2 (Credit score: Emily Forlini)
Rivian acquired a $6.6 billion authorities mortgage to finish manufacturing of its Georgia plant, the place it’s going to construct the $45,000 R2. CNBC reviews that Nissan is considering of merging with Honda after a tough 2024 of plummeting income and layoffs. It hasn’t meaningfully up to date the Leaf in years; it nonetheless costs through a dated CHAdeMO plug whereas the business is 2 plug varieties forward of it, having gone from CHAdeMO to CCS and subsequent NACS.
Beneficial by Our Editors
The Volkswagen ID.4 additionally fell off the listing. VW can be in a dire monetary state of affairs; its Q3 income was down 41.7% year-over-year, Automotive Dive reviews. It deliberate to shut manufacturing vegetation in Germany, however a cope with the native union saved them open, Automotive & Driver reviews. On the constructive aspect, the very cute ID.Buzz is now accessible, an electrical revival of the classic microbus.
The final two EVs within the tax credit score graveyard are the Chevrolet Bolt EV and EUV. They have been the most affordable electrical automobiles available on the market earlier than GM briefly discontinued them in 2023, taking them out of manufacturing beginning in 2024. If you’re all for shopping for a used mannequin, it may qualify for the $4,000 credit score for pre-owned fashions.
Lastly, the 2025 listing massacred the listing of eligible plug-in hybrids. Solely the Chrysler Pacifica stays, whereas the Audi Q5, Ford Escape, Jeep Grand Cherokee 4xe, Jeep Wrangler 4xe, and Lincoln Corsair Grand Touring have all dropped off.
EVs That Qualify for the $7,500 Credit score
-
Acura ZDX (2024-2025)
-
Cadillac Lyriq (2024-2025), Luxurious and Sport Trims
-
Cadillac Optiq (2025)
-
Chevrolet Blazer (2024-2025), LT, RS, & SS Trims
-
Chevrolet Equinox (2024), LT & RS Trims
-
Chevrolet Silverado (2025), LT Trim
-
Ford F-150 Lightning (2022-2024), Flash, Lariat, & XLT Trims
-
Genesis Electrified GV70 (2025)
-
Honda Prologue (2024-2025)
-
Hyundai Ioniq 5 (2025)
-
Hyundai Ioniq 9 (2025)
-
Kia EV6 (2026)
-
Kia EV9 (2026)
-
Tesla Cybertruck (2025), Twin and Single Motor
-
Tesla Mannequin 3 (2025), Lengthy Vary All-Wheel Drive, Lengthy Vary Rear-Wheel Drive, Efficiency
-
Tesla Mannequin X (2025), All-Wheel Drive
-
Tesla Mannequin Y (2025), Lengthy Vary All-Wheel Drive, Lengthy Vary Rear-Wheel Drive, Efficiency
PHEVs That Qualify for the $7,500 Credit score
See extra particulars and the government-published listing at fueleconomy.gov. Choose Jan. 1, 2025 – Dec. 31, 2025, below supply date.
Get Our Greatest Tales!
This text could comprise promoting, offers, or affiliate hyperlinks.
By clicking the button, you verify you’re 16+ and conform to our
Phrases of Use and
Privateness Coverage.
You might unsubscribe from the newsletters at any time.
About Emily Dreibelbis Forlini
Senior Reporter
Learn the most recent from Emily Dreibelbis Forlini
