Some States are Stacking on EV Tax Credits & Rebates on to Federal EV Tax Credits This state electric vehicle tax credit and rebate guide has been updated with information for the 2023 & 2024 tax years. In my most efficient vehicles, cheapest new vehicles, and cheapest electric vehicles articles, I highlighted a few electric vehicles (Chevy Bolt and Chevy Bolt EUV) that have prices that rival the cheapest gas-powered vehicles for sale in the U.S. market. But, a key component of that reduced cost is the U.S. federal tax credit of $7,500 knocking the net price down from upper
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