---
id: department-0030
title: "What incentives and tax credits are available for electric vehicles?"
category: department
subtopic: ev-incentives
page_type: department
source_url: "https://www.genesisofdownersgrove.com"
tags: ["electric", "EV", "incentives", "tax-credit", "rebate"]
questions:
  - "Are there federal tax credits for EVs?"
  - "What incentives can I get for buying electric?"
  - "Do I qualify for EV rebates?"
related: [ev-charging, genesis-models]
dealer: Genesis of Downers Grove
---

Federal and state incentives can significantly reduce the cost of going electric. The federal tax credit can be substantial, though eligibility depends on vehicle price, battery components, assembly location, and your income level. Many states and utilities offer additional rebates or incentives for EV purchases or home charger installation. Incentives change regularly, so it's important to understand what applies to you right now. Genesis models like the G90 and GV80 Coupe offer hybrid and electrified options that may qualify for various incentives. Our finance team stays current on available programs and can discuss how they apply to your specific situation and vehicle choice. To explore what you qualify for and see how incentives lower your cost, call us at (630) 598-9950 or visit Genesis of Downers Grove to talk with our team about electric and hybrid Genesis vehicles.