If you’re shopping for an electric vehicle, you may be wondering whether you can still get a tax credit. Unfortunately, the federal EV tax credits have ended. The 2025 tax law terminated the new, used and commercial clean vehicle credits for vehicles acquired after September 30, 2025. Here is what that means and what you may still be able to claim.
Which EV tax credits ended?
- New clean vehicle credit (Section 30D): up to $7,500 for new EVs.
- Used clean vehicle credit (Section 25E): up to $4,000 for qualifying used EVs.
- Commercial clean vehicle credit (Section 45W): for businesses buying clean vehicles.
All three end for vehicles acquired after September 30, 2025.
Can you still claim an EV tax credit?
You may still qualify if you acquired the vehicle by September 30, 2025. According to the IRS, a vehicle is acquired when you enter a written binding contract and make a payment. So if you did both by that date, you may still claim the credit, even if you took delivery later.
In addition, many buyers transferred the credit to the dealer at the time of sale, which lowered the price. In that case, you still report the vehicle on Form 8936 with your return. For details, see the IRS FAQs on the 2025 law changes.
Other energy credits that changed
- EV charger credit (Section 30C): ends for property placed in service after June 30, 2026.
- Home energy improvement credit (Section 25C): ended for property placed in service after December 31, 2025.
- Residential clean energy credit (Section 25D): ended for expenditures made after December 31, 2025. This credit covered solar panels and similar systems.
What you can still do
Even without a federal credit, you may have options:
- Check state and local programs. Some states and utilities offer their own EV or charger rebates.
- Business use. If you use a vehicle for business, depreciation and other business deductions may still apply.
- Car loan interest. A new deduction for interest on loans for qualifying U.S.-assembled vehicles may apply. It covers loans taken out after 2024, and it applies to gas and electric vehicles alike.
Get help with vehicle tax questions
If you bought an EV in 2025 or plan to use a vehicle for business, we can help you figure out what you can claim. Call (415) 842-2940 or book a free 15-minute call.