These are the EVs that still qualify for the $7,500 tax credit in 2024

(Credit: Tesla)

New rules for the U.S. electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Tesla is one of many automakers that saw some of its vehicles excluded at the turn of the new year, and only a handful remain across the industry.

Despite the list of qualifying EVs getting shorter, the 2024 guidance also lets sellers offer the rebate at the point of sale, rather than buyers being forced to wait until doing their taxes. A handful of dealerships have signed up to offer this benefit for their automakers, while companies that have a direct sales model, like Tesla and Rivian, will also be able to offer the rebate instantly.

The IRS offers a $7,500 tax credit to select EVs, including both battery-electric vehicles (BEVs) and plugin hybrid electric vehicles (PHEVs), and a reduced $3,750 credit.

Interestingly, one PHEV still qualifies for the full tax credit, while others are eligible for the reduced credit. Only five BEVs remain eligible for the full $7,500 amount, though some include multiple configurations.

The tax credit also has MSRP limits, maxing out at $80,000 for vans, SUVS and pickups, and at $55,000 for other EVs. Buyers must also be under a modified adjusted gross income (AGI) of $300,000 for married couples filing jointly, $225,000 for heads of households, or $150,000 for all other filers.

You can see the full list of BEVs and PHEVs that are eligible for the federal tax credit below.

BEVs that qualify for the $7,500 tax credit by brand

  • Bolt EUV
  • Bolt EV
  • F-150 Lightning Standard Range
  • F-150 Lightning Extended Range
  • Model 3 Performance
  • Model Y Rear Wheel Drive
  • Model Y All Wheel Drive
  • Model Y Performance
  • Model X Long Range

BEVs that qualify for the $3,750 tax credit by brand

  • R1S Dual-Motor Large
  • R1S Quad-Motor Large
  • R1T Dual-Motor Large
  • R1T Dual-Motor Max
  • R1T Quad-Motor Large

PHEVs that qualify for the $7,500 tax credit by brand

  • Pacifica PHEV

PHEVs that qualify for the $3,750 tax credit by brand

  • Escape PHEV
  • Grand Cherokee PHEV 4xe
  • Wrangler PHEV 4xe
  • Corsair Grand Touring PHEV

You can see the IRS web page detailing the new requirements here, simply by filtering the “Placed in Service” dropdown menu by this year. The IRS also offers a fact sheet featuring frequently asked questions on the updated guidance.

What are your thoughts? Did I miss any EV models? Let me know at, find me on X at @zacharyvisconti, or send your tips to us at

Zachary Visconti: Zach is a renewable energy reporter who has been covering electric vehicles since 2020. He grew up in Fremont, California, and he currently resides in Colorado. His work has appeared in the Chicago Tribune, KRON4 San Francisco, FOX31 Denver and many other publications. When he isn't covering Tesla or other EV companies for Teslarati, you can find him writing and performing music, drinking lots of coffee, or hanging out with his cat, Banks. Reach out to Zach at, or you can find him on X @zacharyvisconti.
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