The full tax credit is offered on the first 200,000 cars produced by a manufacturer. After then, the credit starts to expire. It progressively fades away, first to half of its original value, then to zero around a year after the 200,000th sale.
At the moment, two manufacturers have totally depleted their available credit — you will not be eligible for the incentive if you purchase any Tesla or General Motors vehicle, no matter how efficient.
Nissan is the next company in line to lose the ev tax credit, albeit as of this writing, owners of the 2021 Nissan Leaf are still eligible for the full amount.
Incentives from the State and Local Governments in Your Area
Though the federal government provides the majority of government EV subsidies,...