By EC Technical Programs Associate Steph Wagner
New year, new car? If you’re starting off 2024 with the search for a new vehicle, there’s no better place to start than with the Office of Energy Efficiency & Renewable Energy’s fueleconomy.gov most-efficient vehicles list. This list compiles the most fuel-efficient vehicles on the market, making it easier than ever to save on fuel. In 2024, EVs make up the top ten models across all categories, and beginning this year, you can receive the new or used clean vehicle tax credits at the point of sale at your local dealership! For a full list of EVs that qualify for the credits, please check out the requirements.
Source: Office of Energy Efficiency & Renewable Energy
All manufacturers on the list qualify for the clean vehicle tax credit and abide by the Build America Buy America Act requirements, which offer additional savings for consumers interested in purchasing or leasing an EV. While it is still unclear if the 2024 models of some vehicles on the list will partially or fully qualify for the new vehicle tax credit, the fueleconomy.gov listing will update once more information is received. For a more extensive breakdown, the following EVs are the most efficient 2024 vehicles by size class:
Source: Office of Energy Efficiency & Renewable Energy
In the truck and similar use case category, EVs are also leading as the most fuel-efficient. In each of the following classes:
Source: Office of Energy Efficiency & Renewable Energy
The Electrification Coalition applauds the efforts made by EV automakers to improve efficiency and expects to see more EVs take the lead as the most efficient in their classes in 2025.
Check out the IRS’ page for a complete list of manufacturers and models that qualify for the new EV tax credit, including vehicles from previous model years. To see what other funding opportunities are available, please visit the EV Funding Finder, a tool dedicated to identifying federal funds for transportation electrification.