New Mexico Environment Department Clean Cars New Mexico Save Thousands on a New or Used EV — Before It’s Too Late

Dear Friends,

If you've been considering an electric vehicle (EV) for your next car, there's no better time than right now to take the wheel.

Thanks to the federal tax credits, many families across New Mexico have been able to save thousands of dollars on new and used EVs - helping them cut fuel costs, reduce emissions, and take part in building a cleaner, more affordable future.

But that opportunity will soon disappear.

Under current federal policy, tax credits of up to $7,500 for new EVs and up to $4,000 for used EVs are only available through September 30th, 2025. That window is closing fast.

These savings apply at the time of purchase for eligible vehicles and income-qualified buyers, meaning you don't have to wait for tax season to benefit. It's real money back in your pocket, right when you need it.

Need a charger too? You can also get a tax credit of up to $1,000 to help cover the cost of purchasing and installing a residential or commercial EV charging station. But that time is limited: this federal tax credit is only available through June 30, 2026.

If you are considering an EV and/or charger, visit Plug in America's EV tax credit guide to see which vehicles qualify and whether you're eligible.

The savings don't stop there!

New Mexico's Energy Conservation and Management Division in the Energy, Minerals and Natural Resources Department offers a tax credit of up to $3,000 for the purchase or lease of a new or used qualifying vehicle and a tax credit of up to $25,000 for the purchase and installation of clean car charging units. This program has helped over 700 New Mexicans save thousands of dollars as they transition to cleaner modes of transportation. Visit the Clean Car and Charging Unit Tax Credit webpage to see if your next purchase qualifies. 

We're making tremendous progress in building a clean energy economy - and we don't want families in our state to miss out on the federal benefits while they're still available.

Don't leave these savings on the table.

Let's keep driving forward - together.

 

Questions? Please contact cleancarsnm@env.nm.gov 

 

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NMED does not discriminate on the basis of race, color, national origin, disability, age or sex in the administration of its programs or activities, as required by applicable laws and regulations. NMED is responsible for coordination of compliance efforts and receipt of inquiries concerning non-discrimination requirements implemented by 40 C.F.R. Parts 5 and 7, including Title VI of the Civil Rights Act of 1964, as amended; Section 504 of the Rehabilitation Act of 1973; the Age Discrimination Act of 1975, Title IX of the Education Amendments of 1972, and Section 13 of the Federal Water Pollution Control Act Amendments of 1972. If you have any questions about this notice or any of NMED’s non- discrimination programs, policies or procedures, you may contact:

Kate Cardenas, Non-Discrimination Coordinator New Mexico Environment Department 1190 St. Francis Dr., Suite N4050 P.O. Box 5469 Santa Fe, NM 87502 (505) 827-2855 nd.coordinator@env.nm.gov

If you believe that you have been discriminated against with respect to an NMED program or activity, you may contact the Non-Discrimination Coordinator identified above or visit our equity website to learn how and where to file a complaint of discrimination.

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