What EVs qualify for the federal $7,500 tax credit?

The future is looking electric, and vehicles are at the forefront of the revolution. Indeed, 2024 is the year for a whole fleet of new EV models. And while we love electric cars for their smooth rides, fast acceleration, and energy efficiency, the real winner is the environment. EVs have the potential to reduce global carbon emissions, and to aid in the transition, the US government offers incentives with substantial tax breaks. Called the Clean Vehicle Credit, it’s as high as $7,500.