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US States EV Rebates
To drive further EV adoption, there is a federal tax credit on offer in the US, but most subsidies are coming from specific states which are offering different rebates for EV consumers.
These rebates vary from sales tax exemptions, “replace your ride” programs which provide up to $3000 in rebates for each scrapable ICE vehicle, and “clean vehicle” rebates anywhere from $1000 to up to $7500 depending on which state you live in.
Related Report
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The State of the Electric Vehicle Revolution 2023
Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.
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