The IRS still offers tax credits up to $7,500 on all-electric and plug-in hybrid cars that you would claim on your 2017 tax return.
The vehicle must:
- weigh less than 14,000 pounds,
- have at least four wheels,
- be propelled to a significant extent by an electric motor that draws electricity from a battery that has a capacity of not less than 4 kilowatt hours, and
- is capable of being recharged from an external source of electricity.
For a full list of qualifying cars by make and model, visit the U.S. Dept. of Energy?s website at: https://fueleconomy.gov/feg/taxevb.shtml