Baua Electric
JANUARY 25, 2024
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
Green Car Congress
MARCH 30, 2023
The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Consumers responded immediately with a 3.4
Teslarati
JANUARY 7, 2024
Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. It’s also expected to help the automaker gain access to EV tax credits in the U.S. states, California , Maryland and New Jersey.
Green Car Congress
DECEMBER 10, 2014
Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% of new vehicle sales in 2014 so far, up from 0.6% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. in 2013 and 0.4%
Electric Auto Association
SEPTEMBER 9, 2022
EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.
Green Car Congress
APRIL 29, 2014
Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The MY14 B-Class Electric Vehicle will be available beginning in mid-July to dealers in California; Connecticut; Maine; Maryland; Massachusetts; New Jersey; New York; Oregon; Rhode Island; and Vermont.
Plug in America
JULY 27, 2021
New Jersey. New Jersey residents may receive up to $5,000 toward the purchase or lease of a new EV. The reinstated Charge Up New Jersey incentive is a “point-of-sale” rebate applied during the purchase or leasing process at dealerships. .
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