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Top 10 states offering EV incentives

Plug in America

Additionally, EVs sold, rented, or leased in New Jersey are exempt from state sales and use tax. . Anyone who titles and registers a qualified EV in Colorado can receive a tax credit of up to $2,800. The amount of the credit depends on the tax year and whether the car or truck is purchased, leased, or converted.

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Canada and California to work together on cleaner transportation

Green Car Congress

This could include sharing lessons learned by both jurisdictions about requirements, incentives, and dealer inducements to boost sales, along with sharing approaches to developing charging infrastructure. In the 2019 budget, the Government of Canada announced rebates of up to $5,000 for consumers on the purchase of zero-emission vehicles.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.