Commercial Clean Vehicle Credit

Credit Type

Investment
Tax Credit

Technology

Vehicles

Eligibility

Commercial purchases of qualified electric and fuel cell vehicles

Base Rate

Up to 30% of
vehicle cost (or
incremental cost
vs. gas equivalent)

Full Rate

Same as base
(no PWA
requirement)

Bonus Adders

N/A

Duration

Upfront credit

Period of Availability

OBBBA accelerated phase-out timeline (originally through 1/1/2033, now shortened).

Transferable (§6418)

No

Key Limitations & Notes

  • NON-TRANSFERABLE
  • Cap: $7,500 (<14,000 lbs) / $40,000 (>14,000 lbs)
  • Must be utilized by acquiring taxpayer