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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

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You Can Get A New Tesla Model 3 For $20,000 In New Jersey (Maybe)

CleanTechnica EVs

There’s been much discussion this year about bringing down the upfront price of a Tesla, and about how much demand. continued] The post You Can Get A New Tesla Model 3 For $20,000 In New Jersey (Maybe) appeared first on CleanTechnica.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Additionally, both manufacturers recently announced significant price cuts on both models.

Price 404
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New Jersey resuscitates offshore wind with two new projects

Baua Electric

Photo: Ocean Wind 1 Ørsted dealt New Jersey a massive blow by canceling 2.2 GW of new projects to its pipeline. New Jersey was expected to announce another offshore wind solicitation at the beginning of 2024, and it’s delivered. gigawatts (GW) of offshore wind last year, but the state just added 3.7

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Driving Dystopia: New York City Pushes Through Congestion Pricing Scheme

The Truth About Cars

.& New York actually introduced the premise of adding driving fees several years ago, with similar plans dating back to the 1970s. However, formal congestion pricing didn’t come up until former mayor Michael Bloomberg suggested taxing vehicles for entering the busiest parts of NYC in 2007. New Jersey Gov.

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State EV incentive programs are overwhelmed by demand, forced to pause

Teslarati

Today, the New Jersey Board of Public Utilities has announced that its multimillion-dollar EV incentive program has been overwhelmed by demand and will be forced to pause. According to a new report from The Associated Press , New Jersey is the latest state to face this problem.

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Boost Your Savings: Best US States for Electric Vehicle Incentives

Setec Powerr

Colorado Colorado offers a state tax credit of up to $4,000 for the purchase or lease of a new electric vehicle. This credit is available for both new and used EVs and applies to both residents and businesses. Georgia Georgia offers an income tax credit of up to $2,500 for the purchase or lease of a new electric vehicle.