electric vehicle incentives
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Starting in 2024, consumers buying an electric vehicle that qualifies for a $7,500 tax credit under the Inflation Reduction Act.
Ford
The U.S. Treasury Department just made its March deadline for issuing guidelines on the domestic content provisions for EV tax credits.
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New Jersey's BPU approved a $16.15 million allocation of funds from the RGGI to promote the installation of fast chargers for medium- and heavy-duty EVs.
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New Jersey could encourage greater use of EVs in overburdened communities by targeting incentives and creating EV ride-sharing plans, a new report says.
Edwin J. Torres/NJ Governor’s Office
New Jersey is cutting its maximum EV subsidy from $5,000 to $4,000 while adding a $250 grant for home chargers.
Palm Springs Nissan
Low-income residents in certain parts of California are finding their EV incentives are accompanied by a tax liability.
Solar Landscape
The narrowly re-elected governor sends a strong signal that he will continue to promote ambitious climate and clean energy policies.
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Top incentive would drop from $5,000 to $2,500 for EVs priced up to $45,000 as state aims to target consumers who might not buy an EV without the rebate.
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Citing UN's dire warnings on climate change, BPU President Fiordaliso says, program aims to help local governments set the right example and direction.
The White House
President Biden set a target of 50% of cars sold in 2030 be electric or hybrid electric and announced EPA would seek to increase fuel efficiency standards.
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