The Treasury Department on Thursday published a partial list of new electric and plug-in hybrid cars that will qualify for tax credits of up to $7,500. The list is expected to be updated over the coming days and weeks.
The credits will apply to sedans that cost no more than $55,000 and sport-utility vehicles and pickup trucks that cost up to $80,000. In addition, only buyers who earn less than $150,000 a year as an individual or $300,000 a year as a couple can claim the credits.
The list could change in March, when new rules take effect that require automakers to use battery raw materials and components from North America or a trade ally. Those rules are still being formulated and it’s not clear exactly when they will start to apply.
Here are the cars on the list, by automaker:
Ford Motor
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Ford Escape Plug-in Hybrid
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Ford E-Transit
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Ford F-150 Lightning
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Ford Mustang Mach-E
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Lincoln Aviator Grand Touring plug-in hybrid
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Lincoln Corsair Grand Touring plug-in hybrid
Nissan
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Leaf
Rivian
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R1T
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R1S
Stellantis
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Chrysler Pacifica plug-in hybrid
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Jeep Wrangler 4xe plug-in hybrid
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Jeep Grand Cherokee 4xe plug-in hybrid
