Get Revved Up! An Overview of State Rebates for Electric Cars Across the US

Ready to go green? If you’re thinking of driving an electric car, now is the time to consider it! Across the US, state governments are offering sweet rebates that are taking the total cost of ownership down to zero for many drivers. So plug in and check out this overview of state rebates for electric cars across the US.

Summary:

What Kinds of Rebates Are Out There?

The state-sponsored electric car rebates are quite varied. For instance, some states simply offer a flat dollar-amount rebate for any electric car on the market, while others offer a percentage-based rebate. Finally, some states offer both flat-dollar and percentage-based rebates.

Top Five States for Electric Car Rebates

Ready to go? Here’s a look at five of the top states that offer the most generous financial incentives for electric car owners.

• Massachusetts:

  This Bay State is giving electric car drivers a big boost. The state offers a flat rebate of up to $2,500 and a percentage-based rebate of up to $2,000.

• California:

  This state is the nation’s leader in electric car adoption and has some great incentives to boot. It offers a flat rebate of up to $4,500 and a percentage-based rebate of up to $3,500.

• Maryland:

  This state offers a flat rebate of up to $3,000, plus an additional rebate of up to $2,500 for certain models.

• New York:

  It’s not the Big Apple, but the Empire State is offering a sweet discount for electric car buyers. New York offers a flat rebate of up to $2,000 and a percentage-based rebate of up to $2,000.

• Washington:

  If you’re looking for an EV, consider the Evergreen State. Washington offers a flat rebate of up to $2,000.

Industry Stats: Electric Car Adoption on the Rise

According to the latest stats, there are now more than 3.5 million electric vehicles on the road across the US. This number is up 7% from last year. The industry is growing rapidly as more and more drivers are taking advantage of generous state incentives to make the switch.

Key Takeaways

• State governments across the US are offering generous financial incentives for electric car buyers.
• Five of the most generous states for electric car rebates include Massachusetts, California, Maryland, New York, and Washington.
• The electric car industry is experiencing unprecedented growth, with more than 3.5 million electric cars on the road in the US.

So if you’re ready to make the switch and join the electric car revolution, now is the time! Do your homework and investigate the incentives available in your state. You may just find that you can drive your own electric vehicle for zero out-of-pocket cost!