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3 Best Electric Cars That Still Qualify for $7,500 EV Tax Credit

Front view of blue 2022 Ford Mustang Mach-E, one of the best electric cars still eligible for $7,500 EV tax credit

EVs have many advantages, but one thing that puts some car buyers away from them is their high price compared to gas-powered cars. In many cases, however, the cost is alleviated by the federal EV tax credit, which returns up to $7,500 for eligible models. Check out the top three electric cars that still qualify for the full $7,500 federal EV tax credit.

Which electric cars are still eligible for the full $7,500 federal EV tax credit?

Front view of blue 2022 Ford Mustang Mach-E, one of the best electric cars still eligible for $7,500 EV tax credit

2022 Ford Mustang Mach-E | Ford

The federal EV tax credit was introduced in 2010 as an incentive for people to buy electric cars. However, there are limits for each automaker to the EV tax credit, based on the number of electric vehicles they have sold.