Business Electric Vehicle Savings & Incentives
Save when you invest in electric vehicles and charging equipment.


Federal Tax Credits

Businesses may receive between $7,500 and $40,000 as a federal tax credit for fleets vehicles, and businesses installing charging equipment may be eligible for up to a $100,000 federal tax credit.

State Incentives

The Illinois Environmental Protection Agency (IEPA) has provided grants for transportation electrification. The IEPA will prioritize investments in medium-heavy duty vehicle charging, public transit, fleet, etc.

Clean School Buses

The EPA’s new Clean School Bus Program provides rebates and grants to replace existing school buses with zero-emission and low emission models as well as technical assistance, educational materials, and workforce training.

Charging Station Tax Credits

Installing electric vehicle charging stations at your business can help you attract talent, tenants and customers. The U.S. Federal Government offers a generous tax credit for EV chargers that may cover up to 30% of the total project costs (maximum amount of $100,000 per installation.)