EV Tax Credit & Charger Incentives
Right now, federal tax credits can reduce the cost of buying an electric Toyota. The Clean Vehicle Credit provides up to $7,500 toward eligible vehicles. There’s also a credit for installing a home EV charger—but both programs are ending soon. The charger credit expires after June 30, 2026, and the EV tax credit is set to end on September 30, 2025, unless extended. If you're thinking about going electric, don’t wait.
