Updated information for consumers as of August 16, 2022Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) Internal Revenue Code Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks. For vehicles acquired after 12/31/2009, the credit is equal to $2,500 plus, for a vehicle which draws propulsion energy from a battery with at least 5 kilowatt hours of capacity, $417, plus an additional $417 for each kilowatt hour of battery capacity in excess of 5 kilowatt hours. The total amount of the credit allowed for a vehicle is limited to $7,500. The credit begins to phase out for a manufacturer’s vehicles when at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States (determined on a cumulative basis for sales after December 31, 2009). For additional information see Notice 2009-89. Manufacturers of the vehicles listed below have provided appropriate information and have received from the Service acknowledgement of the vehicles eligibility for the credit and the amount of the qualifying credit. The list of qualified vehicles provided below applies only to vehicles acquired after December 31, 2009. Index to ManufacturersAmerican Honda Motor Co., Inc.
AMP Electric Vehicles, Inc.
Audi of America, LLC
Azure Dynamics, Inc.
BMW of North America
Bentley Motors, Inc.
Boulder Electric Vehicles, Inc.
BYD Motors, Inc.
Canoo Inc.
CODA Automotive
Electric Mobile Cars
Electric Vehicles International
FCA (Fiat Chrysler Automobiles) North America Holdings, LLC
Ford Motor Company
General Motors, LLC- Phase Out InitiatedTaxpayers may claim the full amount of the credit up the end of the first quarter after the quarter in which the manufacturer records its sale of the 200,000th qualified vehicle. For the second and third calendar quarters, taxpayers may claim 50% of the credit. For the fourth and fifth calendar quarters, taxpayers may claim 25% of the credit. No credit is allowed after the fifth quarter. Section 4.07 of
Notice 2009-89 provides that a vehicle is not “acquired” before the date on which title passes under state law.
Hyundai Motor America
Jaguar Land Rover North America, LLC
Kandi (Zhejiang Kandi Vehicles Co., Ltd.)
Karma Automotive LLC
Kia America, Inc.
Lucid USA, Inc.
McLaren Automotive, Inc.
Mercedes-Benz USA, LLC
MINI USA
Mitsubishi Motors North America, Inc.
Nissan North America
Polestar Automotive USA Inc.
Porsche Cars North America, Inc.
Rivian Automotive, LLC
Subaru Corporation
Tesla, Inc. - Phase Out initiatedTaxpayers may claim the full amount of the credit up the end of the first quarter after the quarter in which the manufacturer records its sale of the 200,000th qualified vehicle. For the second and third calendar quarters, taxpayers may claim 50% of the credit. For the fourth and fifth calendar quarters, taxpayers may claim 25% of the credit. No credit is allowed after the fifth quarter. Section 4.07 of Notice 2009-89 provides that a vehicle is not “acquired” before the date on which title passes under state law.
Think NA
Toyota Motor Sales, U.S.A., Inc. – Phase Out InitiatedTaxpayers may claim the full amount of the credit up the end of the first quarter after the quarter in which the manufacturer records its sale of the 200,000th qualified vehicle. For the second and third calendar quarters, taxpayers may claim 50% of the credit. For the fourth and fifth calendar quarters, taxpayers may claim 25% of the credit. No credit is allowed after the fifth quarter. Section 4.07 of Notice 2009-89 provides that a vehicle is not “acquired” before the date on which title passes under state law.
VIA Motors, Inc.
Volkswagen Group of America
Volvo Car North America, LLC
Zenith Motors, Inc.
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