Is the $7,500 federal EV tax credit still available?

No, not for a vehicle acquired after September 30, 2025. The federal New Clean Vehicle Credit of up to $7,500 ended for vehicles acquired after that date. The used and qualified commercial clean-vehicle credits ended on the same acquisition deadline.

A buyer who entered into a binding written contract and made a payment on an eligible vehicle on or before September 30, 2025 may still qualify when the vehicle is later placed in service, subject to the former rules. For a qualifying legacy transaction, Form 8936 and Schedule A are used to claim or reconcile the credit. Check current IRS guidance or a tax professional for your specific filing situation.