The US government is placing greater emphasis on this transition, as evidenced by the EPA’s release of a comprehensive catalog of electric vehicles eligible for tax incentives, effective April 18.
We have diligently compiled a list of electric vehicles qualifying for the full $7500 incentive below.
For brevity, plug-in hybrid vehicles have been omitted from this compilation, though they are available in the linked list.
While some of these electric vehicles are currently available for purchase, others are anticipated to debut later this year.
EVs Eligible for $7500 Tax Credit
Chevrolet Blazer EV
Enthusiasts of the K5 Blazer might have viewed the 2019 revival of the Blazer name on a crossover as sacrilegious.
Nonetheless, this sentiment did not hinder Chevy’s successful sales. Now, the Blazer name undergoes another transformation, as Chevy plans to roll out the Blazer EV crossover, anticipated to reach customers’ driveways later this summer.
Estimated range varies between 247 and 320 miles depending on the trim level, with prices starting at $44,995.
Chevrolet Bolt
Being the most affordable electric vehicle currently available in the United States, the Bolt is often the first choice for those seeking a practical EV.
General Motors has been marketing and refining the Bolt platform since 2016.
While the driving experience may not be exhilarating, the Bolt’s estimated range of 259 miles and the capability to add 100 miles of range in just 30 minutes make it an attractive option.
Cadillac Lyriq
The elongated and elegant Cadillac crossover operates on GM’s Ultium platform, which it shares with prominent models like the GMC Hummer EV.
However, unlike the Hummer EV, which is designed for rugged terrain, the Lyriq effortlessly navigates through urban traffic.
Equipped with a 102.0-kWh battery, the single-motor version of the Lyriq offers an estimated range of up to 308 miles, while the dual-motor setup provides a range of up to 307 miles, ensuring a luxurious driving experience.
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Ford E-Transit
Ford’s E-Transit caters to customers seeking an eco-friendly cargo hauler but with less emphasis on long-distance capabilities.
Available in chassis-cab, cutaway, and cargo-van setups, it offers a modest range of 126 miles.
However, it compensates with the capability for DC fast-charging, allowing for a 30-mile range boost in just 10 minutes. While this range may suffice for Ford’s target audience of tradespeople and delivery drivers, it falls short for marathon distances.
Tesla Model Y
Excluding the standard Model 3, all variants of the Model Y qualify for the full $7500 credit. However, similar to the Model 3, the interior of the Model Y is constructed with subpar materials.
Tesla plans to introduce a new Model Y with reduced range in 2023, offering 279 miles. The Long Range model achieves 330 miles, while the Performance version attains 303 miles.
Rivian R1T
The R1T pickup truck from Rivian provides a very similar set of features as the R1S, albeit at a starting price of $74,800.
With this additional cost, there is sufficient flexibility in the budget to include the $5000 performance dual-motor option, which provides extra horsepower.
Inside the R1T, the cabin is equipped with various luxurious amenities and advanced technology, such as a spacious 16.0-inch infotainment system and a distinct digital gauge display.
Chevrolet Equinox
Chevrolet intends to introduce a brand-new Equinox EV to the market by autumn 2023. While pricing specifics are pending, it is anticipated that the starting price will be substantially below the $80,000 threshold required for full tax incentives, likely in the vicinity of $30,000.
The base model will include a front-wheel-drive configuration with approximately 210 horsepower and an estimated range of about 250 miles.
Advanced trims will feature all-wheel drive, up to 290 horsepower, and offer up to 300 miles of range.
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