What Should Nebraska Buyers Know About the EV Tax Credit and Charger Incentives?
Federal EV programs are winding down. The Clean Vehicle Credit—which offers up to $7,500 in savings—will end on September 30, 2025, unless Congress extends it. A separate incentive for home charger installation ends on June 30, 2026. If you’re considering a Cadillac EV in Lincoln, now’s the time to start planning.
How Does the Clean Vehicle Credit Work?
The $7,500 credit is split into two parts:
- $3,750 if the vehicle meets battery component standards
- $3,750 if it meets critical mineral sourcing requirements
Some EVs may only qualify for part of the credit, and others may not qualify at all. You’ll need to confirm eligibility based on the specific model and how it's manufactured.
What Are the Requirements for a Cadillac EV to Qualify?
Your Cadillac EV must meet all of the following:
- Be brand new when purchased
- Include a battery with at least 7 kWh capacity
- Be assembled in North America
- Come from a qualified manufacturer
Price limits apply:
- Under $80,000 MSRP for trucks, SUVs, and vans
- Under $55,000 MSRP for all other vehicles
The sale must be reported to the IRS, and you must meet income limits.
When Do These Incentives Expire?
The Clean Vehicle Credit ends September 30, 2025. The home charger credit ends June 30, 2026. Both could expire sooner if not renewed. Acting now ensures you're positioned to benefit before the window closes.
How Can Husker Cadillac Help?
At Husker Cadillac in Lincoln, NE, we’re here to help you understand your options. We’ll walk you through which Cadillac EVs qualify, assist with IRS reporting, and offer guidance on available home charging incentives. Our team is ready to support you every step of the way.
Want to Learn More About EV Credits in Nebraska?
Reach out to Husker Cadillac today. We’ll help you navigate the federal EV incentives, confirm your eligibility, and make a confident choice before these programs come to an end.
