Cars·October 19, 2026·2 min read

Is There Still a Federal EV Tax Credit in 2026? No, Here's What Ended, Who Can Still Claim It, and What's Left

No. The federal EV tax credit of up to $7,500 ended for vehicles acquired after Sept. 30, 2025, and the used EV credit ended too. Here's who can still claim it.

By Joseph Cooper

Electric vehicle fast chargers in a parking lot with yellow 'EV charging only' markings painted on the pavement.
An Electrify America fast-charging station in Valdosta, Georgia. File photo, February 2021. Michael Rivera / CC BY-SA 4.0, via Wikimedia Commons

No. The federal clean vehicle tax credit of up to $7,500 is not available for new electric vehicles acquired after September 30, 2025, according to the IRS. The used EV credit of up to $4,000 ended on the same date. If you buy or lease an EV in 2026, there's no federal purchase credit to claim.

The one exception: buyers who signed a binding contract and made a payment by September 30, 2025, but took delivery later, may still qualify.

What happened to the EV tax credit?

Credit Amount Status
New clean vehicle credit (30D) Up to $7,500 Ended for vehicles acquired after Sept. 30, 2025
Used clean vehicle credit (25E) 30% of price, up to $4,000 Ended for vehicles acquired after Sept. 30, 2025

The IRS says both credits are "not available for vehicles acquired after Sept. 30, 2025."

Can I still claim it if I ordered before the deadline?

Possibly. The IRS rule is about when you acquired the car, not when you got the keys:

  • You must have entered a binding written contract and made a payment on or before September 30, 2025.
  • You can take delivery (the IRS calls it "placed in service") after that date and still qualify.

If that's you, claim it on IRS Form 8936 for the tax year you took delivery.

What were the rules, for anyone claiming it?

New EVs:

Rule Limit
Income (joint filers) $300,000
Income (head of household) $225,000
Income (other filers) $150,000
Price cap: vans, SUVs, pickups $80,000
Price cap: other vehicles $55,000
Battery At least 7 kWh
Assembly Final assembly in North America

Used EVs: price of $25,000 or less from a licensed dealer, model year at least two years old, income limits of $150,000 joint, $112,500 head of household and $75,000 other.

What incentives are left in 2026?

  • State and local rebates. Some states, cities and utilities still offer EV or home-charger rebates.
  • Utility charging rates. Many utilities offer cheaper overnight electricity for EV owners.
  • Automaker deals. Discounts and lease offers have partly replaced the credit. Kelley Blue Book says EV incentives averaged 11% of the price in September 2026, more than gas cars but the lowest level this year. See the latest new car and EV prices.

How did the end of the credit affect EV sales?

Buyers rushed to beat the deadline, making Q3 2025 a record quarter. A year later, Cox Automotive estimates Q3 2026 EV sales fell 39.5% from that peak but rose 6.1% from the previous quarter. Details in our Q3 2026 EV sales breakdown.

This article is general information, not tax advice. Check with a tax professional about your situation.

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