Overview

• Federal EV tax credits of up to $7,500 for new vehicles and $4,000 for used models expire on September 30, 2025, and buyers must take physical delivery by that date to qualify.
• Automakers and dealerships are pushing urgent promotions—including email alerts, social media campaigns and offers like free home chargers—to accelerate EV deliveries before the cutoff.
• Twenty battery-electric models remain eligible for incentives, with net prices for vehicles such as the Chevrolet Equinox EV, Kia EV6 and Tesla Model Y dropping below $40,000 after federal credits.
• Consumers can access federal credits indirectly by leasing and further reduce costs by stacking state and utility incentives on top of the subsidies.
• Industry analysts forecast a summer surge in EV purchases and warn that orders alone do not guarantee credit eligibility without vehicle possession by the deadline.