The new all-electric 2024 Nissan Leaf is made in America, making it eligible for tax subsidies for EVs.
Now through the end of the year, qualified buyers can get up to $3,750 if purchasing a new model year Leaf. The full $7,500 is available for clean energy cars that source a certain percentage of its battery (50%) and mineral (40%) components from North America. Since the Leaf only qualifies for one of the two requirements buyers get half the incentive.
With the 2024 Leaf and its battery assembled in Smyrna, Tennessee it’s now part of the new tax program that went into effect in April. The 2023 model does not qualify. Before the revamped program, the discount was based on EV sales numbers. Nissan was on track to hit the sales threshold into the better part of this year and still qualify for the full tax credit until then.
The Leaf is one of the original EVs that pioneered the space alongside Tesla when it debuted in late 2010, but under the modified tax credit rules it had fallen off the EV eligibility list. The 2024 Leaf is available for a $28,140 starting price. It was refreshed in 2023 with a 40 kWh battery version with 140 miles of range and as the SV Plus with a 60 kWh battery with 212-mile range.
Also in recent weeks, the EV tax credit is now more accessible to more buyers with a modification to allow the credit to be applied at the dealership at the time of purchase instead of at tax filing time.