Maryland 2025 EV Tax Credits Guide [+ Calculate Your Savings]

BySteve Birkett
MARYLAND EV INCENTIVES

There’s no denying that electric vehicles (EVs) cost a lot upfront. Thankfully, there are federal and state incentives like rebates and tax credits to make EVs more financially appealing.

But what state EV incentive programs are in place in Maryland?

Let’s see what current incentives are available in your area and whether or not you qualify for them.

Last Updated: January 2025

Maryland EV Savings Calculator

Use the calculator below to see which models qualify for the federal EV tax credit and for any state-specific incentives that can help you save even more.

What EV Incentives Are Available in Maryland?

The excise tax credit fund has been depleted, so applications for the tax credit for the 2025 fiscal year is currently on hold.

Incentives for Purchasing an EV in Maryland

Maryland used to offers a tax credit for up to $3,000 off the purchase of a new electric vehicle, but this year, the credit is currently on hold.

To qualify, EV buyers must meet the following purchase criteria:

  • The vehicle must be made by a manufacturer primarily for use on public streets, roads, and highways.
  • The vehicle cannot be modified from the manufacturer’s specifications.
  • The vehicle must be a new vehicle and titled for the first time on or after July 1, 2023, but before July 1, 2027.
  • The vehicle must be acquired for use or lease by the taxpayer, and not for resale.
  • The vehicle has a battery capacity of at least 5 kilowatt-hours, or if a motorcycle or auto cycle, has a battery capacity of at least 4.0 kilowatt-hours (applies only to plug-in electric)
  • The vehicle has a base purchase price not exceeding $50,000.

Additional incentives may be available to low-income applicants. Visit this state information site to see if you meet the requirements.

Other EV Incentives Offered in Maryland

Maryland offers the following post-purchase incentives for electric vehicle owners:

  • Maryland Energy Administration (MEA) provides a rebate of up to $700 to qualifying individuals for the costs of buying/installing an EV charging station.
  • Maryland ClearCharge 12EV plan – EV drivers who have purchased a ChargePoint home EV charging unit, sign up for Clearview Energy’s ClearChargeEV plans and get: Free nightly EV charging from 11:00 PM to 6:00 AM every day of the week; $50 cash back on your ChargePoint Home EV Charger purchase; 100% nationally sourced renewable energy.
  • Baltimore Gas & Electric Co EVsmart Program – The EVsmart Program offers Baltimore Gas & Electric (BGE) customers who own a qualifying EV an annual rebate of $50 for the purchase and installation of an eligible Level 2 charger.

Now that you know what electric vehicle incentives are available in Maryland, what else do you need to know about making the switch to all-electric transportation?

Read our guidance on how to prepare for an EV to make sure the models you’re considering will meet your real-world driving needs!

Get Your EV Questions Answered

Thinking about buying an electric car or truck but intimidated by all the jargon?
– Where can you charge on the road?
– What do you need to charge at home?
– What EV incentives are available in your state?

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Frequently Asked Questions

Yes, there are state-level incentives in place when you purchase an EV in the state of Maryland. New buyers can get up to $3,000 tax credit off the purchase of a new electric vehicle and may also qualify for federal EV incentives. Also, check out our picks for the best deals on EVs.

No, there are no additional fees to pay when you purchase an EV in the state of Maryland.

Sales tax is applied to electric vehicle purchases in Maryland at the same rate as traditional combustion vehicles. Visit our resource page to find the vehicle sales tax in Maryland.