Do Hybrid Cars Qualify For A 2024 Tax Rebate. Starting january 1, 2024, in order to claim tax credits for electric vehicles and hybrid cars, the credit eligibility and the amount will be determined at the time of the sale using the irs energy credits online website. Claim a federal tax credit of up to $7,500 for purchasing a new hybrid or electric vehicle (ev).
Representatives from eight companies โ tata motors, hyundai, kia, mahindra & mahindra, maruti suzuki, toyota, honda, and bajaj โ. Which evs qualify for tax credits?