Electric vehicles are more accessible than ever, thanks to a mix of state and federal tax incentives. But changes are coming. If you're shopping for new EVs for sale, now's the time to learn which benefits are still available and which are phasing out. At MileOne Autogroup, we help drivers like you take advantage of every opportunity.
Federal EV Tax Credits: What You Need to Know in 2025
The Inflation Reduction Act currently provides up to $7,500 in federal tax credits for qualifying EVs. To be eligible, vehicles must meet rules around North American assembly, battery components, and critical mineral sourcing. Income and vehicle price caps also apply. As of this writing, many buyers can claim the credit at the dealership as a point-of-sale rebate. But by 2026, stricter sourcing rules will take effect, reducing the number of eligible models. Acting now gives you access to more choices and maximum savings.
State Incentives In MileOne Locations
MileOne customers can also benefit from regional programs:
- Maryland: Up to $3,000 in excise tax credits may be available, and EVs with a valid Clean Car decal receive HOV lane access.
- Virginia: A paused rebate program may return with renewed funding; ask your dealer for details.
- Pennsylvania: Up to $2,000 for EVs and $1,500 for PHEVs via the Alternative Fuel Vehicle Rebate Program.
- North Carolina: No direct rebates, but utility and emissions-related perks are available.
Timing Your EV Purchase Wisely
With more models eligible now than in 2026 and gas prices rising, 2025 is a smart time to shop new EVs for sale. Add in expanding charging networks and dealership rebates, and the value is hard to beat.
Explore New EVs for Sale at MileOne Autogroup
Whether you're going electric for the first time or upgrading, MileOne Autogroup has a wide selection of eligible models. Visit one of our many dealerships or browse online to get started.