The average incentive package for a new EV in February was 14.8% of the ATP, the highest level in five years, according to Kelley Blue Book.

The federal EV tax credit, worth up to $7,500, saw big changes in 2024. For buyers, the credit typically became easier to get ...

Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit ...

Federal EV tax credits in 2024 top out at $7,500 if you ... It's up to each automaker to decide whether to pass these savings along in the form of more affordable leases, but keep in mind that ...