What is the electric vehicle tax credit?

What is the electric vehicle tax credit for Ford vehicles?

If you purchase an all-electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV), you may be eligible for financial incentives from the government. 

For instance, when you purchase an EV, you may qualify for federal tax credits.* Plus, many states also offer additional rebates and incentives.

For more information and ways to save, go the Internal Revenue Service (IRS) Clean Vehicle Tax Credit page.


*The federal tax credit is a potential future tax savings. The amount of your tax savings will depend on your individual tax circumstances. Please consult with your own tax or legal professional to determine eligibility, the specific amount of incentives or rebates available. The federal tax credit amount may be reduced according to credit phase-out rules. Incentives and additional rebates are not within Ford’s control. This information does not constitute tax or legal advice.