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Read on to see current EV incentives, goals, policies, and privileges in each state, offering a deeper sense of efforts across the nation—and which states may be most affected by federal swings.
Generally, you can either get a partial credit of $3,750 for a new electric vehicle purchase, the full $7,500 credit or $4,000 for a used EV tax credit. It’s a one-time credit, meaning you can ...
Twenty-seven station locations near Interstate highways as part of the related National Electric Vehicle Infrastructure Program were identified on July 13, 2023, with sixteen more planned along other highways in the state system. [5] The Ohio Turnpike added charging units to eight of its service areas by September 14, 2023. [6]
While the current average interest rate for a new car loan is 6.84%, automakers are offering more financing deals to bring more consumers in the door, especially given the fact that new car sales ...
The Energy Independence and Security Act of 2007 expanded these incentives to include emerging electric vehicle, and plug in hybrid, technology. [4] The Energy Improvement and Extension Act of 2008 only acted to push back tax credit-claiming deadlines and include more electric vehicles in existing incentive programs. [4]
President Barack Obama behind the wheel of a new Chevrolet Volt during his tour of the General Motors Auto Plant in Hamtramck, Michigan in 2010. In his 2011 State of the Union address, President Barack Obama set the goal for the U.S. to become the first country to have one million electric vehicles on the road by 2015. [21]
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