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No longer accepting applications

Qualified Commercial Clean Vehicle Credit (Section 45W) — TERMINATED

IRS / U.S. TreasurySee programDeadline: Terminated 9/30/2025 by OBBBA Section 70503.
Federal tax credit for purchase of qualifying commercial clean vehicles (BEV, PHEV, FCEV) by businesses and tax-exempt entities. Critical incentive for fleet electrification (last-mile delivery, school bus, transit, drayage, refuse). Terminated by OBBBA (P.L. 119-21) Section 70503 — credit not allowed for vehicles acquired after September 30, 2025. Listed here for historical reference and to flag in research chat when users ask about commercial EV/fleet purchase incentives.

Program details

Agency
IRS / U.S. Treasury
Level
Federal
Category
Commercial Clean Vehicles (Historical Reference)
Eligibility
HISTORICAL — Businesses, tax-exempt organizations, and government entities purchasing qualified commercial clean vehicles. Lower of (a) 30% of cost, (b) incremental cost vs comparable ICE vehicle, or (c) the per-vehicle cap.
Funding Amount
Up to $7,500 (under 14,000 lb GVWR) or $40,000 (over 14,000 lb GVWR). NO LONGER AVAILABLE for vehicles acquired after 9/30/2025.
Deadline
Terminated 9/30/2025 by OBBBA Section 70503.
Status
closed
Project Types
fleet_electrification, commercial_ev
Client Types
commercial, nonprofit
Notes
TERMINATED — high-impact loss for fleet calculator outputs. Replaces with: VW Round 9 (IL, $18M for Class 4-8 electric trucks), DERA national grants, EPA Clean School Bus Program, USDOT NEVI/CFI corridor charging, USDA REAP for rural fleet operators. Surface as terminated in chat with redirect to alternatives.
Source: Grantya research. Confirm current terms with the administering agency before applying.

Find the programs that replaced this one