What Should Texas Drivers Know About EV Tax Credits and Charger Incentives?
If you’re considering an electric vehicle in Texas, the federal Clean Vehicle Credit could save you up to $7,500. This tax credit is set to expire on September 30, 2025, unless Congress renews it. A separate home EV charger tax credit is available through June 30, 2026. Timing your purchase and charger installation right is crucial.
How Is the $7,500 EV Tax Credit Structured?
The credit breaks down into two equal parts:
- $3,750 for meeting battery component sourcing requirements
- $3,750 for meeting critical mineral sourcing standards
Depending on how your Chevrolet EV is built, you may qualify for the full credit or a partial amount.
What Are the Eligibility Requirements for Chevrolet EVs in Texas?
To qualify for the Clean Vehicle Credit, your Chevrolet EV must:
- Be new at the time of purchase
- Have a battery capacity of at least 7 kWh
- Be assembled in North America
- Come from a qualified manufacturer
There are also MSRP limits:
- $80,000 for trucks, vans, and SUVs
- $55,000 for all other vehicles
Additionally, the sale must be reported to the IRS, and income limits for buyers apply.
Why Should Texas Buyers Act Before the Deadline?
Once the credits expire, they may not return. If you’re planning to buy a Chevrolet EV or install a home charger, acting now ensures you don’t miss out on valuable savings. Delaying could mean losing thousands in incentives.
How Can Reliable Chevrolet of Texas Assist You?
Our team can help you verify which Chevrolet EVs qualify, explain the program details, and guide you through IRS reporting requirements. We’re here to make your EV purchase or home charger installation as smooth as possible.
Ready to Learn More About EV Incentives in Texas?
Contact Reliable Chevrolet of Texas today to explore your options and take advantage of federal tax credits before they expire.
