Absolutely. Buy a smart electric drive, and you'd get a tax credit equal to your tax bill, up to $7,500. So, if you pay $5,000 in taxes, you'll get a $5,000 credit. If you pay $7,500 or more in taxes, you'll get the full $7,500. Just know that the government may phase this out as electric cars become more popular, so the time to save is now. And for more details, see your certified tax professional or read about the Plug-In Electric Drive Vehicle Credit
from the IRS.