EV FAQ
New Clean Car Vehicle Credits
You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.
The credit is available to individuals and their businesses.
To qualify, you must:
- Buy it for your own use, not for resale
- Use it primarily in the U.S.
In addition, your modified adjusted gross income (AGI) may not exceed:
- $300,000 for married couples filing jointly
- $225,000 for heads of households
- $150,000 for all other filers
You can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less. If your modified AGI is below the threshold in 1 of the two years, you can claim the credit.
The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years.
The amount of the credit depends on when you placed the vehicle in service (took delivery), regardless of purchase date. For vehicles placed in service January 1 to April 17, 2023:
- $2,500 base amount
- Plus $417 for a vehicle with at least 7 kilowatt hours of battery capacity
- Plus $417 for each kilowatt hour of battery capacity beyond 5 kilowatt hours
- Up to $7,500 total
In general, the minimum credit will be $3,751 ($2,500 + 3 times $417), the credit amount for a vehicle with the minimum 7 kilowatt hours of battery capacity.
For vehicles placed in service April 18, 2023 and after: Vehicles will have to meet all of the same criteria listed above, plus meet new critical mineral and battery component requirements for a credit up to:
- $3,750 if the vehicle meets the critical minerals requirement only
- $3,750 if the vehicle meets the battery components requirement only
- $7,500 if the vehicle meets both
To qualify, a vehicle must:
- Have a battery capacity of at least 7 kilowatt hours
- Have a gross vehicle weight rating of less than 14,000 pounds
- Be made by a qualified manufacturer.
- FCVs do not need to be made by a qualified manufacturer to be eligible. See Rev. Proc. 2022-42 for more detailed guidance.
- Undergo final assembly in North America
- Meet critical mineral and battery component requirements (as of April 18, 2023).
The sale qualifies only if:
- You buy the vehicle new
- The seller reports required information to you at the time of sale and to the IRS.
- Sellers are required to report your name and taxpayer identification number to the IRS for you to be eligible to claim the credit.
In addition, the vehicle's manufacturer suggested retail price (MSRP) can't exceed:
- $80,000 for vans, sport utility vehicles and pickup trucks
- $55,000 for other vehicles
MSRP is the retail price of the automobile suggested by the manufacturer, including manufacturer installed options, accessories and trim but excluding destination fees. It isn't necessarily the price you pay.
You can find your vehicle's weight, battery capacity, final assembly location (listed as “final assembly point”) and VIN on the vehicle's window sticker.
Click the button below to see if a vehicle is eligible for the new clean vehicle credit Go to fueleconomy.gov.
To claim the credit, file Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit (Including Qualified Two-Wheeled Plug-in Electric Vehicles) with your tax return. You will need to provide your vehicle's VIN.
Used Clean Car Vehicle Credits
You may qualify for a credit for buying a previously owned, qualified plug-in electric vehicle (EV) or fuel cell vehicle (FCV), including cars and light trucks, under Internal Revenue Code Section 25E.
To qualify, you must:
-
• Be an individual who bought the vehicle for use and not for resale • Not be the original owner • Not be claimed as a dependent on another person’s tax return • Not have claimed another used clean vehicle credit in the 3 years before the purchase date
In addition, your modified adjusted gross income (AGI) may not exceed:
- $150,000 for married filing jointly or a surviving spouse
- $112,500 for heads of households
- $75,000 for all other filers
You can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less. If your income is below the threshold for 1 of the two years, you can claim the credit.
To qualify, a vehicle must meet all of these requirements:
- Have a sale price of $25,000 or less. Sale price includes all dealer-imposed costs or fees not required by law. It doesn't include costs or fees required by law, such as taxes or title and registration fees.
- Have a model year at least 2 years earlier than the calendar year when you buy it. For example, a vehicle purchased in 2023 would need a model year of 2021 or older.
- Not have already been transferred after August 16, 2022, to a qualified buyer.
- Have a gross vehicle weight rating of less than 14,000 pounds
- Be an eligible FCV or plug-in EV with a battery capacity of least 7 kilowatt hours
- Be for use primarily in the United States
To see if a vehicle is eligible for the used clean vehicle credit, Go to fueleconomy.gov.
The sale qualifies only if:
- You buy the vehicle from a dealer
- For qualified used EVs, the dealer reports required information to you at the time of sale and to the IRS.
A dealer is a person licensed to sell motor vehicles in a state, the District of Columbia, the Commonwealth of Puerto Rico, any other territory or possession of the United States, an Indian tribal government, or any Alaska Native Corporation. Required information includes:
- Dealer's name and taxpayer ID number
- Buyer's name and taxpayer ID number
- Sale date and sale price
- Maximum credit allowable under IRC 25E
- Vehicle identification number (VIN), unless the vehicle is not assigned one
- Battery capacity
Complete Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit (Including Qualified Two-Wheeled Plug-in Electric Vehicles and New Clean Vehicles), and file it with your tax return for the year you took possession of the vehicle to claim the used clean vehicle credit. You will need to include the vehicle identification number (VIN) on the form.
Ford Mobile Charger
Ford Mobile Charger
The Ford Mobile Charger is an optional purchase with every new EV. It includes two connectors for you to choose the charging speed that fits your lifestyle. It is the easiest way to keep your battery charged for your daily commute or running errands. Plug it into any 120V outlet or 240V NEMA 14-50 outlet to keep the juice flowing.
Ford Connected Charge Station
Ford Connected Charge Station
To maximize your charge speed at home, the Ford Connected Charge Station delivers up to 48A to your EV. The charge station can be installed inside a garage or on an exterior wall by a licensed electrician. You can find a local professional through Qmerit.com
Using the FordPass®†† App along with the Ford Connected Charge Station adds several convenient features. You can remotely lock and unlock the charging station, share access with family and friends, control charging speeds, and track your charging history and home energy usage.
Ford Charge Station Pro
The Wi-Fi and Bluetooth-enabled Ford Charge Station Pro provides the fastest home charge with a max power output of 80A. It recharges the vehicle at an average of 30 miles of range per hour to provide a full charge overnight.† It also works with the F-150 Lightning to provide Intelligent Backup Power in the event of a power outage.
Note: The Ford Charge Station Pro is included with the F-150 Lightning™ extended range battery and is available for purchase for the F-150 Lightning standard-range battery.
The charge station can be installed inside a garage or on an exterior wall by a licensed electrician. You can find a local professional through Qmerit.com.
With the FordPass App, you can manage your Ford Connected Charge Station with your phone, with features such as:
- Remote lock/unlocking of the charging station.
- Remote schedule charging times.
- Station sharing with family and friends.
- Charge progress and energy usage reports.
Visit the Ford Charge Station Pro Overview page for more detailed information.
BlueOval Charge Network
Get a charge wherever the road takes you with the network that gives you easy access to over 19,500 public charging stations and growing across North America. The BlueOval Charge Network combines multiple charging networks, giving you hassle-free, pay-as-you-go access to the largest public charging network, including Electrify America® DC fast chargers, where charging your all-electric vehicle takes minutes, not hours. Find, start, and pay for charging all through the convenience of one app or your vehicle’s touchscreen.
With Plug & Charge technology through the FordPass App, you can automatically pay for charging by simply plugging into a public charging station, eliminating the need to use smartphones or credit cards. After registering for this service, participating stations will be able to communicate with your electric vehicle and bill you accordingly.
When enrolled in the BlueOval Charge Network, you will receive a complimentary 250kWh of DC fast charging at Electrify America’s charging stations.
Read our article on activating the BlueOval Charge Network to learn how to enroll.