FYI, the Rav4 Prime does not
FYI, the Rav4 Prime does not qualify for the $7.5k Federal Tax Credit. That's reserved for 100% EVs like a Tesla or Chevy Bolt.
Regular hybrids get nothing.
Plug-in hybrids that charge a battery for better economy but CANNOT drive without using their gas motor get $2.5k.
Plug-in hybrids (PHEV) that CAN drive on only electric/no ICE motor, get $4.5k. This would include the Prime models... Still relevant, but not as enticing.