As climate change becomes a growing concern for States and
communities, electric vehicle infrastructure has become a slow morning trend
but one that is building momentum as more state- and municipal-level entities
work to improve efficiency, lower emissions, and upgrade infrastructure.
Under a new law, S2252, signed by Governor Phil Murphy, New
Jersey has approved a $5,000 electric vehicle (EV) rebate, providing for
comprehensive charging infrastructure, and electric public transit. Assemblyman Dan Benson (D-14), Chair of the
Assembly Transportation Committee was one of the primary sponsors of the
measure in the Assembly. The state
program, which takes effect immediately, allocates $300 million over 10 years
and will start offering those who buy electric vehicles up to a $5,000
For the first year, the amount of the incentive will “be
equal to $25 per mile of EPA-rated electric-only range up to a maximum of
$5,000 per eligible vehicle.” That includes
plug-in hybrids, but only through December 31, 2022. The law also creates a 10-year incentive
program for in-home electric vehicle supply equipment (EVSE), of up to $500 per
person, under parameters yet to be determined.
The new law also requires the state’s transit system, NJ
Transit, to phase in the purchasing of electric buses and purchase only
zero-emission buses after 2032. It also
reserves 20% of the program’s total funding to support programs aimed at reducing
electricity demand or costs to consumers in low- to moderate-income areas. Additionally, it calls for installing another
1,400 charge points, including 400 DC fast chargers—150-kW “where feasible”—to
fill out a statewide fast-charging network.
The new law sets new standards for charging at multi-family
residential housing and at “franchised overnight lodging establishments.” The law allocates ten percent of the total
funding toward “supporting programs that enhance the stewardship and
restoration of the State’s forests and tidal marshes that provide important
opportunities to sequester or reduce greenhouse gases.” With the legislation, New Jersey aims to make
at least 330,000 of its light-duty vehicles electric by the end of 2025 and at
least 2 million electric by the end of 2035—and 85% of leased vehicles
all-electric by 2040.
A new California law that went into effect Jan. 1, 2020 is
intended to encourage low-income motorists to buy an affordable used EV. Qualifying solo drivers who buy a used
electric car can gain access to carpool lanes.
The new law applies to people who earn less than $65,777 a year, which
is 80% of California’s median income.
As of December 3, 2019, California EV buyers purchasing
vehicles with a price exceeding $60,000 do not qualify for the state’s $2,500
clean-vehicle rebate. The change
eliminated rebates for luxury EVs.
Single taxpayers who earn $150,000 or more are no longer eligible for
state rebates, but they still qualify for carpool-lane stickers.
Similar to New Jersey’s law, the new Californian law could
also stimulate the EV market – especially for used- and more affordable EV
models. First-generation used-EVs may be
purchased for less than $10,000. Due to
the rapid pace of EV development, electric cars typically depreciate more
quickly than gasoline cars. That could
rapidly change under this law, especially if other states follow suit.