Federal EV Tax Credit & Home Charger Incentive Changes
What Changes Have Been Made to the Federal EV Tax Credit and the Home Charger Incentive?
Federal tax incentives designed to support electric vehicle adoption are entering a new phase. The Clean Vehicle Credit program, which provides up to $7,500 in federal tax savings, is set to expire on September 30, 2025, unless legislative action extends it. Separately, the home EV charger installation credit will end on June 30, 2026. If you're considering purchasing an electric vehicle or installing a charging system at home, now is the time to learn how these changes may affect your plans.