The Nissan Leaf is America’s least expensive electric vehicle (EV) in 2024. And it just got a little cheaper for most buyers.
Nissan announced that “2024 Nissan Leaf vehicles manufactured in 2024 and sold on or after March 6 may be eligible for part of the United States’ federal EV tax credit provided that the customer meets all purchase and income qualifications.”
The rebates are limited to individuals reporting adjusted gross incomes of $150,000 or less on taxes, $225,000 for those filing as head of household, and $300,000 for joint filers.
The Leaf was one of many vehicles that lost access to the credit on Jan. 1, when new, stricter regulations went into effect. The new rules aim to limit EV parts and materials sourced from China and other countries with which the U.S. lacks trade agreements. Those limits grow more stringent each year until 2028.
But, automakers who lose access can requalify by obtaining parts and minerals from different sources. Nissan is the second automaker to relist a disqualified car after changing suppliers. Cadillac did the same with its Lyriq luxury EV last month.
The Leaf does not qualify for the full $7,500 tax credit because half depends on whether the battery is built and half on where critical minerals inside it originate. Nissan specifies that “The Leaf and its battery are assembled in Smyrna, Tennessee,” so the company must not yet meet the other rule.
The Leaf starts at $29,135 (including a $1,095 shipping and handling fee) before the rebate.