Some interesting facts about EVs or Electric Vehicles:
- Swap and save. Replace a gas-powered car with an electric vehicle and lower your maintenance costs. The average cost to operate an EV is $485 per year compared to $1,117 per year for a gas-powered vehicle.
- Get a rebate. In 2023, up to $4,000 is available from the state for buying or leasing an eligible vehicle. Federal tax credits between $2,500 and $7,500 are also available.
- Skip the tax. Zero-emission vehicles are exempt from New Jersey state sales tax.
- No emissions, no test. Battery electric vehicles are exempt from NJ emissions testing.
- Move on up. Plug-in EVs are eligible for HOV lanes on the NJ Turnpike as well as the Green Pass Discount for the NJ Turnpike and NJ Garden State Parkway.
- Range anxiety? Not in New Jersey! Explore NJ’s map of public EV charging stations. Coming soon! Montgomery Township's new Municipal Center on Orchard Road will include several charging stations.
- Lower your footprint. Switching to an electric vehicle will reduce greenhouse gas emissions even when the emissions from electricity generation sources in our area are taken into account. For a detailed analysis, check out this study.
- Business Owners. There are also incentives to bring electric vehicle charging stations to your business. Visit Drive Green NJ for more details on available funding.