The US government offers a federal tax credit of up to $7,500 for eligible buyers and vehicles. Only a handful of EVs qualify and the buyer must make under a certain amount of money, though there are loopholes for leasing. For now, the funds are issued when you file annual taxes through December 31, 2023. Beginning January 1, 2024, however, you can recoup the funds directly at the dealership when buying or leasing the vehicle. State credits are also plentiful, and tend to be less restrictive. Be sure to look into your state's offerings, and keep in mind that both state and federal incentives usually offer cost savings for home charger installation as well.