The Biden administration has issued its updated list of all-electric and gas-electric hybrid vehicles that qualify for the full $7,500 tax credit. See if your car is on the list.
With the update, at least 17 models are now eligible for a full or partial tax credit, based on new thresholds that require a certain percentage of the battery parts and the minerals used in those batteries to come from North America.
Note: It’s best to look at the complete list to see which versions of a particular model will qualify. The revised list only includes vehicles built by four car companies: Tesla, Ford, General Motors and Stellantis, which owns Jeep and Chrysler.
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