Electric Vehicle Tax Credits 2024 2024. The 2022 inflation reduction act provides tax credits of up to $7,500 for buyers of electric vehicles, but some tesla models do not qualify because of several. Here’s what you need to know before you buy an electric car, suv or truck.

Here’s how the electric vehicle tax credits work in 2024 (as of this writing): Here’s how the electric vehicle tax credits work in 2023 and 2024 (as of nov.