Ev Tax Rebate 2024. The ev tax credit becomes an instant dealership rebate in 2024, giving ev buyers instant access to the credit and allowing them to finance a lower amount up. Now, the rules stipulate that starting in 2024 any vehicle containing battery components from what the government calls a foreign entity of concern will be excluded from receiving tax credits.

1, 2024, eligible consumers can take the federal ev tax credit of up to $7,500 as a discount at the point of sale when they purchase a qualifying vehicle. The federal tax credit for electric vehicles has changed again for 2024.