Indiana electric vehicle tax credits, rebates and incentives
Use this tool to find Indiana generally available and qualifying tax credits, incentives and rebates that may apply to your purchase or lease of an electric vehicle. You'll find the latest… federal, Indiana, local municipality, utility and automaker-sponsored programs that can reduce the price of your next EV or PHEV. We’re constantly updating the list of available programs, so make sure to check back often for the latest opportunities.
96 results
Customer Bonus Cash
$3,000Maximum RebateResidency restrictions apply. Contact dealer for details. Must take delivery by 09/30/2025. (MCRA)Customer Cash
$3,000Maximum RebatePurchase Allowance applies to select MY24 and MY25 Volvo vehicles sold as a cash purchase or financed through Volvo Car Financial Services (VCFS), the Purchase Allowance is not combinable with vehicles sold with the Promotional APR Financing Rate through Volvo Car Financial Services (VCFS). Available to qualified customers that meet Volvo Car Financial Services (VCFS) credit standards at authorized Volvo Cars Retailers. Not everyone will qualify for credit approval. Advertised financing does not include taxes, title, registration, license, and other dealer fees. Car shown with optional equipment. All offers are subject to vehicle availability. Must take delivery of vehicle between September 03, 2025 and September 30, 2025. See your participating Volvo Cars Retailer for details.Loyalty Offer
$3,000Maximum RebateThe Loyalty Bonus is available towards the lease or purchase of any new 2025, 2025.5, or 2026 Volvo. The Loyalty Bonus varies by model and whether vehicle is leased or purchased. Customer eligibility requirements must be met for the Loyalty Bonus offer. Residency restrictions apply. Please see Volvo Cars Retailer for details. Offer valid between September 03, 2025 and September 30, 2025. Individuals who currently own/lease any model year Volvo or Saab vehicle OR have owned/leased within the last 6 months are eligible. Offer open only to legal U.S. residents who have a valid U.S. driver's license. Offer is not transferable and cannot be combined with the Competitor Bonus. Vehicles purchased outside of the program dates will not be eligible for this offer. Offer cannot be used towards the payment of sales tax. This offer is subject to federal, state and local taxes. Offer cannot be applied to lease or purchase of any other model year Volvo or vehicles purchased as used and/or Overseas Delivery (VCIC) program sales.Promotional Offer
$3,000Maximum RebateTo qualify for this offer, you must: (1) be a current Costco Gold Star, Business, or Executive level Member by July 31, 2025; (2) register with Costco Auto Program online or through its call center by September 30, 2025, to receive a certificate with your unique promotion code; (3) present your certificate and unique promotion code to any authorized Volvo Car USA dealer at time of visit; (4) take delivery between August 1, 2025, and September 30, 2025, of a new eligible mode. Retired demonstrator and service loaner vehicles of these eligible models qualify for the Costco member-only incentive. The incentive will be applied at time of purchase or lease and is compatible with other eligible Volvo incentives for which the Costco member qualifies under the individual program rules. Program available to U.S. residents only for delivery within the U.S. at an authorized Volvo Car USA retailer only, not available in Puerto Rico, Canada or Mexico. Factory orders are not eligible. Only one (1) promotion code allowed per vehicle. Limit two (2) promotion codes per membership. Incentive is subject to change due to vehicle inventory availability. Costco and its affiliates do not sell automobiles or negotiate individual transactions.Affiliations, Clubs or Groups Offer
$2,000Maximum RebateEligible customers may receive bonus cash incentive. Cash incentive may be incompatible with certain finance types or other cash programs, based on individual program rules. Residency restrictions apply. (39CRV)Employee Pricing
$2,000Maximum RebateEligible customers may receive bonus cash incentive. Cash incentive may be incompatible with certain finance types or other cash programs, based on individual program rules. Residency restrictions apply. (39CRU)Employee Pricing
$2,000Maximum RebateEligible customers may receive bonus cash incentive. Cash incentive may be incompatible with certain finance types or other cash programs, based on individual program rules. Residency restrictions apply. (39CRU)Select Inventory Offer
$2,000Maximum RebateOffer limited to eligible vehicles in dealer inventory tagged with the sales code 4DU. Contact dealer for details. Must take delivery by 09/30/2025. (44CRD9)Select Inventory Offer
$2,000Maximum RebateOffer limited to eligible vehicles in dealer inventory tagged with the sales code 4DU. Contact dealer for details. Must take delivery by 09/30/2025. (44CRD9)Select Inventory Offer
$2,000Maximum RebateOffer limited to eligible vehicles in dealer inventory tagged with the sales code 4DU. Contact dealer for details. Must take delivery by 09/30/2025. (44CRD9)Adaptive Equipment Allowance
$1,500Maximum RebateAudi is pleased to announce that we are continuing the Mobility Assistance Program for handicap hand controls that are installed on any qualifying Audi model. We will also consider other types of handicap assists (or other approved handicap assistance devices.) to anyone who purchases or leases a new Audi or CPO Audi vehicle. All exception requests from dealers should be made directly to mobilityassistance@audi.comAffiliations, Clubs or Groups Offer
$1,500Maximum RebateUAW Member Offer (#32310). Eligible buyers may receive a UAW Member Offer on select new vehicles. Incentive may be incompatible with certain finance types or other cash programs, based on individual program rules. Not all buyers will qualify. Take new retail delivery from dealer stock by 01/05/2026. Residency restrictions apply. See dealer for qualifications and complete details.Customer Cash
$1,500Maximum RebateContact dealer for details. Must take delivery by 09/30/2025. (24CRA1)Affiliations, Clubs or Groups Offer
$1,250Maximum RebateCustomers who were Costco members as of August 04, 2025 or who become a Costco member at a Costco warehouse that opens after August 04, 2025 can use the allowance towards the purchase/lease one of the eligible models. Approval Code is required. Eligible Costco members should go to www.costcoauto.com. Offer is transferable within the household. Dealer will confirm eligibility. Can not be combined with some other offers. See dealer for details.Affiliations, Clubs or Groups Offer
$1,250Maximum RebateCustomers who were Costco members as of August 04, 2025 or who become a Costco member at a Costco warehouse that opens after August 04, 2025 can use the allowance towards the purchase/lease one of the eligible models. Approval Code is required. Eligible Costco members should go to www.costcoauto.com. Offer is transferable within the household. Dealer will confirm eligibility. Can not be combined with some other offers. See dealer for details.Affiliations, Clubs or Groups Offer
$1,250Maximum RebateCustomers who were Costco members as of August 04, 2025 or who become a Costco member at a Costco warehouse that opens after August 04, 2025 can use the allowance towards the purchase/lease one of the eligible models. Approval Code is required. Eligible Costco members should go to www.costcoauto.com. Offer is transferable within the household. Dealer will confirm eligibility. Can not be combined with some other offers. See dealer for details.
2025 Audi S e-tron GT
$20,000Vehicle Rebates$100Charging Rebates+ more qualifying rebates2025 Jeep Wagoneer S
$18,250Vehicle Rebates$100Charging Rebates+ more qualifying rebates2025 Hyundai IONIQ 5
$15,000Vehicle Rebates$100Charging Rebates+ more qualifying rebates2024 Chevrolet Silverado EV
$15,000Vehicle Rebates$100Charging Rebates+ more qualifying rebates2026 Genesis Electrified GV70
$12,500Vehicle Rebates$100Charging Rebates+ more qualifying rebates2026 Kia EV9
$12,500Vehicle Rebates$100Charging Rebates+ more qualifying rebates2025 Kia EV6
$12,500Vehicle Rebates$100Charging Rebates+ more qualifying rebates2025 Chevrolet Silverado EV
$11,500Vehicle Rebates$100Charging Rebates+ more qualifying rebates2024 Chevrolet Blazer EV
$11,000Vehicle Rebates$100Charging Rebates+ more qualifying rebates2025 Chevrolet Blazer EV
$11,000Vehicle Rebates$100Charging Rebates+ more qualifying rebates2024 Chevrolet Equinox EV
$10,500Vehicle Rebates$100Charging Rebates+ more qualifying rebates2025 Chevrolet Equinox EV
$10,500Vehicle Rebates$100Charging Rebates+ more qualifying rebates2024 Volkswagen ID.4
$10,500Vehicle Rebates$100Charging Rebates+ more qualifying rebates2024 Jeep Wagoneer S
$10,250Vehicle Rebates$100Charging Rebates+ more qualifying rebates2025 Audi RS e-tron GT
$10,000Vehicle Rebates$100Charging Rebates+ more qualifying rebates
Showing 17 - 32 out of 96 results
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Federal EV Tax Credits Overview
Shopping for an electric vehicle (EV) or a plug-in hybrid electric vehicle (PHEV)? According to the landmark Inflation Reduction Act of August 2022, you can get up to $7,500 in tax credits if you purchase an EV or a PHEV, but it very much depends on the make and model you're considering. We'll give you the highlights here and encourage you to visit our in-depth analysis of the Inflation Reduction Act for full details. Additional incentives may be provided at the state and local levels, but our purpose here is to summarize federal EV tax incentives, not state and local incentives.
Federal EV Tax Credit Incentive #1: North American Final Assembly
You can't get any EV tax credits or PHEV tax credits unless the vehicle was assembled in North America, full stop. In the short run, this leaves some automakers out in the cold, but the idea is to create a new incentive to build clean vehicles right here on our home turf. Notably, meeting this final assembly requirement doesn't automatically mean you get a tax credit -- it just gets your foot in the door. Provided that the vehicle is assembled in North America, it may qualify for federal tax credits if further conditions are met. Specifically, the maximum $7,500 federal EV tax credit is made up of two separate $3,750 credits, one targeting EV battery minerals and the other EV battery components.
Federal EV Tax Credit Incentive #2: Origin of Critical Battery Minerals ($3,750 Tax Credit)
As with vehicle assembly, the U.S. government also wants to move the sourcing of critical battery minerals closer to home, at least in terms of trade partnerships. To this end, increasing percentages of critical EV battery minerals must be sourced from the U.S. itself or a U.S. free-trade partner, starting with 40% for 2023. The minimum percentage escalates quickly to 80% by 2027. Unless the EV or PHEV you purchase meets this requirement, you won't have access to at least half of the $7,500 maximum federal EV tax credit.
Federal EV Tax Credit Incentive #3: Origin of Battery Components ($3,750 Tax Credit)
Moving back to the assembly side, the U.S. likewise wants to incentivize the production of battery components at home or in free-trade partner countries. To enable this half of the $7,500 maximum tax credit for 2023, at least 50% of your vehicle's battery components must have been produced in the U.S. or in countries that have free-trade agreements with the U.S. Note that the minimum threshold escalates steadily to a full 100% by 2029, whereas the previous requirement regarding battery minerals stops (for now) at 80% in 2027.
Federal EV Tax Credit Incentive #4: No Involvement by Blacklisted Countries After 2023
Here's another one that's just about getting your foot in the door. In a not-so-subtle shot at China, which jumped out to a big lead in the EV battery business, the U.S. government has stipulated that once the calendar year flips to 2024, the EV or PHEV you purchase won't qualify for federal EV tax credits if any battery components came from a "foreign entity of concern," a short list that includes China, Russia, Iran and North Korea. For 2025, the stipulation will extend to critical battery minerals. Here again we can expect some short-term pain for automakers as they pivot from dependence on Chinese suppliers, but the financial incentives pushing that pivot are strong.
Federal EV Tax Credit Incentive #5: Price Limits
We use the plural because it depends on the type of vehicle you're considering. If it's an SUV, van, or pickup truck, it can't cost more than $80,000 or else it's not eligible for federal EV tax credits. For all other vehicle types, the eligibility limit drops to $55,000. The point of this incentive is to stimulate production of relatively affordable EVs as opposed to ultra-luxury models.
Federal EV Tax Credit Incentive #6: Buyer Income Limits
Finally, there's the question of how much money the buyer makes. Clearly the government wants to incentivize EV purchases within the middle class, because if you file your taxes as an individual, you won't qualify for federal EV tax credits unless you have a modified gross adjusted income (MAGI) of less than $150,000. If you file as head of household, that limit increases to $225,000, while joint filers can have a combined MAGI of up to $300,000.