Tax Credits for Electric Vehicles and Plug-in Hybrids

by | Mar 1, 2021 | News

Tax credits are still available for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks. The credit applies to vehicles acquired after 12/31/2009, and is limited to $7,500. State and/or local incentives may also apply. The...

Credit for Plug-in Electric Vehicles Winds Down

by | May 7, 2019 | News

The tax credit available for purchasers of new General Motors plug-in electric vehicles begins phasing out on April 1, 2019. The phaseout was triggered because General Motors, LLC has sold more than 200,000 vehicles eligible for the plug-in electric drive motor...
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