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Are there special incentives or tax credits for owning an electric vehicle?

April 26, 2017electric incentives owning special tax credits vehicle

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Are there special incentives or tax credits for owning an electric vehicle?

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Yes, our Urban electrics and electric retrofits qualify for alternative fuel/electric vehicle federal tax credits, such as the Emergency Economic Stabilization Act of 2008 (EESA) Tax Credit, which can range from $2,500 to $7,500. Check with your tax advisor for specific details or click here to read the U.S. Department of Energy’s rundown of State/Federal Incentives and Laws for Alternative Fuels and Advanced Vehicles.