Electric Car Tax Credit 2018 Massachusetts

Starting on january 1 2020 mor ev will be extended to support qualifying battery electric vehicles bevs and fuel cell electric vehicles fcevs up to a 50 000 final purchase.

Electric car tax credit 2018 massachusetts.

Federal tax credit up to 7 500. At least 50 of the qualified vehicle s miles must be driven in the state and the credit expires at the end of 2020. Apply for incentives of up to 2 500 for the purchase or lease of new electric vehicles including battery and fuel cell electric vehicles and up to 1 500 for plug in hybrid electric vehicles. Have your pev or ev registered in ma.

To qualify you must. The credit amount will vary based on the capacity of the battery used to power the vehicle. The amount of the credit. The federal electric vehicle tax credit program provides a tax credit as high as 7 500 depending on the vehicle you choose and your individual tax circumstances.

If you purchase a plug in hybrid pev or electric vehicle ev you may be eligible for a rebate of up to 2 500 through the massachusetts offers rebates for electric vehicles morev program. State and or local incentives may also apply. The department of energy resources massachusetts offers rebates for electric vehicles mor ev program which had expired on september 30th 2019 has been re opened.