H.R. 1 has significantly changed the landscape for clean energy tax credits, but significant federal dollars remain readily available for many clean energy projects, including for electric vehicles (EV). But the clock is ticking and the deadline to acquire a commercial EV for the tax credit is September 30, 2025. Under the newest guidance, eligible vehicles are considered “acquired” when an entity has entered into a binding written contract to purchase the vehicle and has made a payment on that contract. A nominal down payment or a vehicle trade-in will count as the required payment. While vehicles must still be placed in service before the credit may be claimed, any vehicle acquired on or before September 30, 2025 will be eligible for the credit even if it is placed in service after that date.

The time to act is now and we are here to support you every step of the way. To ensure you have a direct path forward navigating these federal incentives, we’ve done the work, updating our free, public, interactive Clean Energy Tax Navigator with H.R. 1 changes.

The updated Navigator guides entities step-by-step on EV Elective Pay eligibility, provides direct links to annotated tax forms, and includes essential Elective Pay 101 resources. We prioritized this update to help you secure credits before the September 30, 2025 deadline, and we’ll be rolling out updated guidance for other tax credits in the near future.

Don’t let vital funding slip away. This rapidly closing opportunity is your chance to maximize your project’s affordability and solidify our clean energy gains. Visit the updated Clean Energy Tax Navigator today and ensure your commercial EV/Fleet projects are on track to maximize their incentives before the deadline.

More About this Resource

Date: September 5, 2025

Type: Tool

Countries: None

States: National