Electric Car Rebates 2024. The inflation reduction act (ira) provides new opportunities for consumers to save money on clean vehicles, offering multiple incentives for the purchase or lease of electric. Ev buyers no longer have to wait until the following year's tax season to claim — and pocket — the clean vehicle tax credit.

Several government entities and local utilities offer electric vehicle and solar incentives for customers, often taking the form of a rebate or a tax credit. Beginning in 2024, buyers can transfer clean vehicle credits to qualified sellers at the time of sale and use the credit.