Irs Mileage Rate 2024 Electric Vehicle. Is there a standard mileage rate for electric cars? This year, the irs raised the mileage rate for 2024 to 67 cents per mile, which is 1.5 cents more than the previous year’s rate of 65.5 cents per mile.
The rates are $1.04 for petrol, diesel, hybrid and. Inland revenue has advised the new mileage rate for motor vehicles is 77 cents per kilometre.