- New Jersey is phasing out the sales tax exemption for EV buyers
- The state will prioritize EV incentives moving forward
- The ChargeUp incentive program will provide residents with up to $4,000 in rebates for buying an EV
- Approximately 123,000 electric vehicles were on New Jersey roads last year
- Governor Phil Murphy did not specify changes to EV sales tax breaks but emphasized the importance of addressing climate change
- New Jersey will phase out sales of new gas-powered cars but will not ban the sale of used vehicles with combustion engines
Source: carscoops.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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