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How Do EV Tax Credits Work for Chevy Cars?

Close-up of person connecting charging cable to Chevrolet Silverado EV charging port with green LED indicator


Naturally, EV owners already benefit by skipping gas station visits and leaving a smaller carbon footprint. But did you know there’s more? We’re highlighting the EV tax credits these fuel-efficient Chevy cars at Carroll Chevrolet come with too.

Tax Credit Changes

EV owners have been eligible for a $7,500 tax credit, which motivates drivers to help protect our planet. Now, EV owners have an income cap, and your EV must meet these criteria for you to qualify:

  • North American assembly
  • Over 50 percent of the battery’s components were manufactured in North America
  • Over 40 percent of its critical minerals were extracted or processed in North America (or a country with a free trade agreement with the US)
  • An MSRP under $55,000 (sedan) or $80,000 (SUV or truck)

Eligible Chevy EVs

With the new parameters in mind, there are still many current and upcoming Chevy vehicles that may qualify for the full $7,500 credit:

  • Chevy Blazer EV
  • Chevy Bolt EUV
  • Chevy Bolt EV
  • Chevy Equinox EV
  • Chevy Silverado EV

Local Incentives

Florida does not offer EV tax credits, but there are some excellent local incentives that Florida EV owners benefit from:

  • $10 monthly credit from Duke Energy for off-peak hour charging with an at-home Level 2 charger
  • Up to $7 per month from Jacksonville Electric Authority (JEA) to charge during off-peak hours
  • Rebate up to $100 from Kissimmee Utility Authority (KUA) for the purchase of a new EV
  • Rebate up to $100 from KUA for the purchase and installation of an at-home charging station
  • Rebate up to $200 from Orlando Utilities Commission (OUC) for the purchase or lease of a new or pre-owned EV

Chevy EVs (and Answers) At Carroll Chevrolet

Do you still have questions about the tax credits and incentives for a Chevy EV? Stop by Carroll Chevrolet to chat with our team today – we’re happy to help!

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