The Federal Tax Credit scheme still exists for the following cars—for now at least. Just remember that with the new volatile, unpredictable Trump administration, no one has a crystal ball. The tax credit could be snuffed out at any moment, so if you’re planning to buy an EV, then perhaps sooner rather than later is the clever choice.

EVs seem to be the way of the future, for better or worse. With the EPA issuing a comprehensive list of EVs eligible for tax incentives, the U.S. government is giving the change more weight. After conducting due research, we have compiled a list of all EVs that are currently qualified to receive the full $7500 credit. We are concentrating just on new 2025–2026 electric vehicles, even if plug-in hybrid versions are also eligible for government rebates.

The list below is quite small despite the surge of new EVs hitting the market because of new regulations pertaining to battery sourcing that went into effect on January 1, 2024, and stricter qualifying standards set by the government. See our specialised page here for a more thorough explanation of how EV tax credits operate.

Media reports that Trump plans to end all federal EV/PHEV credits mean that the list you see here could soon disappear. We will keep monitoring the situation and update this story if anything changes.

Cars due to land in showrooms soon include the Acura ZDX, which employs GM’s Ultium platform and pumps out 500-hp for the top-spec Type S in AWD form. Expected to drive at least 325 miles, the flagship costs a hefty $74,745. 

Chevy’s Equinox EV slides in as most affordable

The Chevrolet Blazer EV, despite some early software-related hiccups, will arrive in showrooms wearing a sticker price of $45,995 for the entry-level LT spec. Its brother, the Chevy Equinox EV packs 288-hp for the AWD version with a 285 mile range and a price tag of $40,000.

Ford’s F-150 Lightning entry-level, front-drive model delivers 230 miles of range and a starting price of $49,000 even with the current $7500 credit—which as we said could end very soon.

Meanwhile, Honda’s Prologue EV gives you 288 miles from the AWD model and a price starting at $56,000. Engage the $7500 credit and you can have your Honda EV for under $50,000. Not bad.

In terms of cost performance, you can’t ignore the Model Y

The Jeep Wagoneer S pumps out a healthy 600-hp while delivering a reasonable 303 miles of range for just under $67,000. One EV that impresses is the award-winning Kia EV6 which boasts a 641-hp GT version that gets just 231 miles of range, while more economical EV6 trims deliver around 313 miles.

And who can argue with the current king of EVs—the Tesla Model Y? The Model Y includes the entry-level rear-wheel-drive spec that starts at $44,630 and offers 260 miles of range. The AWD version however starts at $49,630 and has a 330-mile estimate, and the Performance trim starts at $54,130 and boasts 303 miles of range per charge.

CARLIST THOUGHTS

When buying your next EV truck, you really need to decide whether you need an advanced AWD drivetrain or not because that fact can affect your range and cost significantly. In terms of bang for buck, the Equinox EV is hard to ignore at just $40K, but the boss must still be it’s still be the Model Y, given its leading cost performance, even if Musk’s actions are leading to falling Tesla sales.