$7500 Income Tax Credit – US Federal
$7500 Income Tax Credit – US Federal
Country/State/Province
United States
Incentive
Financial Incentive
Incentive Administrator
U.S. Dept. of Energy
Plug-in hybrid-electric vehicles (PHEVs) purchased in or after 2010 may be eligible for a federal income tax credit of up to $7,500. New purchased or leased vehicles eligible. Phase out begins after 200,000 vehicles per manufacturer