EV tax credit statistics 2026

EV Tax Credit & Incentive Statistics 2026: What Changed

Federal EV incentives changed dramatically in 2025. Here's a clear, cited rundown of the EV tax credit and charging-incentive statistics for 2026.

Key findings at a glance

  • The federal credit was up to $7,500 new / $4,000 used.
  • It expired for purchases after Sept 30, 2025.
  • Since 2024 it could be taken as a point-of-sale discount.
  • Utility charger rebates run $250–$1,200.
$7,500 / $4,000Federal clean-vehicle credit (new / used) — expired for purchases after Sept 30, 2025
Source: IRS

Federal EV tax credit statistics

  • $7,500 maximum federal credit for a qualifying new EV. (IRS, 2025)
  • $4,000 maximum federal credit for a qualifying used EV. (IRS, 2025)
  • Sept 30, 2025 the date after which the federal credits expired for new purchases. (IRS / NPR, 2025)
  • Point of sale since Jan 1, 2024 the credit could be applied as an instant discount. (IRS, 2024)

Used EV credit eligibility statistics

  • 2+ years old minimum vehicle age for the used-EV credit. (IRS, 2025)
  • $25,000 maximum price for a used EV to qualify. (IRS, 2025)
  • $75k–$150k income caps for the used-EV credit. (IRS, 2025)

EV charger incentive statistics

  • $250–$1,200 typical utility rebate for installing a qualified Level 2 home charger. (Industry data, 2025)
  • 20–50% that federal + state + utility incentives can knock off install costs. (Industry data, 2025)

Charger incentives still help your bottom line. Compare eligible units in the EV chargers collection — like the AC Lite Home 50A — and see real numbers in our charger installation cost statistics.

Summary table

Metric Figure Source
New EV credit $7,500 IRS
Used EV credit $4,000 IRS
Credit expiry (new) Sept 30, 2025 IRS/NPR
Used EV price cap $25,000 IRS
Used EV income cap $75k–$150k IRS
Utility charger rebate $250–$1,200 Industry

Frequently asked questions

Is the $7,500 EV tax credit still available?
The federal credit expired for vehicles purchased after September 30, 2025; qualifying earlier purchases may still be claimed (IRS).

What was the used EV tax credit?
Up to $4,000 for a used EV at least 2 years old, priced $25,000 or less, within income caps (IRS).

Are there incentives for home chargers?
Yes — many utilities offer $250–$1,200 rebates, and combined incentives can cut install costs 20–50%.

Related reading

Sources & methodology

Compiled by the ePlug Kit team from primary and tier-1 industry sources, June 2026: IRS Clean Vehicle Tax Credits; DOE AFDC. Figures are current as of publication and rounded for readability.

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