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Power Up Your Garden State Business With New Jersey EV Incentives

EV Connect

Thanks to extended federal tax credits and robust New Jersey state EV charging incentives, this is the best time to invest in EV charging. Federal Tax Credits Regardless of your location, there is good news for businesses ready to upgrade their fleet to EV or offer cutting-edge service to their customers and employees.

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Ford Focus Electric in California qualifies for $10K in tax credits, HOV access

Green Car Congress

California buyers of the Ford Focus Electric will be able to receive up to $10,000 in tax credits ($2,500 state, $7,500 federal) and enjoy high-occupancy vehicle lane (HOV) access after the car was just approved for California’s Clean Vehicle Rebate Program ( CVRP ). 3 and 7, respectively, for the worst congestion in the US.

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Prius Plug-In eligibile for a $1,500 California consumer incentive plus $2,500 Federal tax credit

Green Car Congress

Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit. This means that when the EV Mode is depleted, Prius Plug-in still obtains the same estimated fuel economy rating as Prius Liftback.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. ZEVs include vehicles powered by electricity or hydrogen fuel cells.

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Progress! IRA signed into law

Electric Auto Association

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.

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Forecast: US biodiesel production to surpass RFS target for second straight year

Green Car Congress

billion liters) set under the Renewable Fuels Standard (RFS) for this year, according to the latest Downstream Regulatory Quarterly Outlook from research and consulting firm GlobalData. This growth is driven in large part by a $1-per-gallon production tax credit extended through the end of 2013 by the US Congress.

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Top 10 states offering EV incentives

Plug in America

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. . California.