The Treasury Department on Thursday published a partial list of new electric and plug-in hybrid cars that will qualify for tax credits of up to $7,500. The list is expected to be updated over the coming days and weeks.
The credits will apply to sedans that cost no more than $55,000 and sport utility vehicles and pickup trucks that cost up to $80,000. In addition, only buyers who earn less than $150,000 a year as an individual or $300,000 a year as a couple can claim the credits.
The list could change in March, when new rules take effect that require automakers to use battery raw materials and components from North America or a trade ally. Those rules are still being formulated, and it’s not clear exactly when they will start to apply.
Here are the cars on the list, by automaker:
Ford Escape Plug-in Hybrid
Ford F-150 Lightning
Ford Mustang Mach-E
Lincoln Aviator Grand Touring plug-in hybrid
Lincoln Corsair Grand Touring plug-in hybrid
Chrysler Pacifica plug-in hybrid
Jeep Wrangler 4xe plug-in hybrid
Jeep Grand Cherokee 4xe plug-in hybrid