Every Tesla Model 3 now qualifies for a $7,500 tax credit. Here's all the eligible electric cars.

• More than two-dozen cars are now eligible for federal tax credits up to $7,500.

• The law is designed to encourage EV adoption and spur American EV manufacturing.

• Here's the full list of electric cars, trucks, and SUVs that qualify for a full or partial tax credit.

The US Treasury Department has updated its list of electric and plug-in hybrid vehicles that qualify for up to $7,500 of EV tax credits, which stem from the massive Inflation Reduction Act passed in August 2022.

The list also details which electrified vehicles qualify for half the credit, or $3,750.

Credit qualifications are determined by the vehicle's sticker price ($80,000 for vans, SUVs, and trucks; and $50,000 for everything else) and whether it was assembled in the US. The vehicle also must be brand new.

For a buyer to be eligible, they'll need to meet certain income requirements and use the car primarily in the US.

The tax credits are meant to incentivize the auto industry to move their supply chains and invest in electric vehicle development in the US.

Importantly, the rules were in flux between the bill's passage into law and the full set of rules being released by the Treasury Department. This list is for vehicles purchased new and driven off lots after April 18. To claim the credit, you'll need to provide your vehicle's VIN on a specific form with your taxes.

Here's the full list of vehicles that qualify for a full- or half-credit:

2024 BMW X5 xDrive50e

Credit amount: $3,750

2023-2024 Cadillac Lyriq

Credit amount: $7,500

2024 Chevrolet Blazer

Credit amount: $7,500

2022-2023 Chevrolet Bolt

Credit amount: $7,500

2022-2023 Chevrolet Bolt EUV

Credit amount: $7,500

2024 Chevrolet Equinox

Credit amount: $7,500

2024 Chevrolet Silverado

Credit amount: $7,500

2022-2023 Chrysler Pacifica PHEV

Credit amount: $7,500

2022-2023 Ford E-Transit

Credit amount: $3,750

2022-2023 Ford Escape PHEV

Credit amount: $3,750

2022-2023 Ford F-150 Lightning

Credit amount: $7,500 (for both the extended and standard range batteries)

2022-2023 Ford Mustang Mach-E

Credit amount: $3,750 (for both the extended and standard range batteries)

2022-2023 Jeep Grand Cherokee PHEV 4xe

Credit amount: $3,750

2022-2023 Jeep Wrangler PHEV 4xe

Credit amount: $3,750

2022-2023 Lincoln Aviator Grand Touring PHEV

Credit amount: $7,500

2022-2023 Lincoln Corsair Grand Touring PHEV

Credit amount: $3,750

2023 Rivian R1S

Credit amount: $3,750

2023 Rivian R1T

Credit amount: $3,750

Tesla Model 3 (various model-years)

Credit amount: All 2023 variants of the Model 3 are eligible for the full $7,500 credit, and all but one variant from 2022 qualify.

2022-2023 Tesla Model Y

Credit amount: All Model Y variants (All-Wheel Drive, Long Range All-Wheel Drive, and Performance) are eligible for the full $7,500 credit.

2023 Volkswagen ID.4

Credit amount: $7,500 (for all eight each of the model's variants: All-Wheel Drive Pro, All-Wheel Drive Pro S, All-Wheel Drive Pro S Plus, Pro, Pro S, Pro S Plus, S, and Standard variants)

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