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New Jersey EV buyers to pay sales tax on vehicle purchases for first time since 2004   – Charged EVs

Baua Electric

Drivers in New Jersey who purchase an electric vehicle will—for the first time since 2004—have to pay sales tax on the transaction. The return of the EV sales tax comes on the heels of the July 2024 introduction of a new annual electric vehicle fee of $250 in addition to the existing vehicle registration fee.

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New Jersey marks up EV ownership with additional $1,000 fee

Baua Electric

New Jersey is introducing an additional registration fee for EVs. Governor Phil Murphy signed a law last week renewing New Jersey’s transportation trust fund that adds an annual fee set at $250 this year, and rising $10 over the remaining four years covered by the legislation, bringing it to $290.

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New Jersey advancing plug-ins: 330K units by end of 2025, 2M by 2035, 85% of new vehicles by 2040

Green Car Congress

Both houses of the New Jersey Legislature (Senate and Assembly) have passed a bill ( S2252 /A4819) that establishes goals and incentives for increased use of plug-in electric vehicles in NJ. By the end of 2040, at least 85% of all new light duty vehicles sold or leased in the State are to be plug-in electric vehicles.

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NJEDA expanding EV incentive program with $45M more for medium- and heavy-duty vehicles

Green Car Congress

The New Jersey Economic Development Authority (NJEDA) is expanding the New Jersey Zero Emission Incentive Program (NJ ZIP) to support businesses and institutions statewide that are purchasing new, zero-emission medium- and heavy-duty vehicles operating in New Jersey.

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Xtreme Diesel Performance to pay $1.125M penalty for selling defeat devices

Green Car Congress

As part of an agreement to resolve alleged Clean Air Act violations, the company will pay a $1,125,000 penalty, which was reduced due to XDP’s limited financial ability to pay a higher penalty. The complaint, filed simultaneously with the settlement, alleges that the parts are “defeat devices” prohibited by the Clean Air Act.

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Camden to received NJ’s first electric buses; Proterra purchase supported by Low-No grant

Green Car Congress

ChargEVC, a non-profit coalition supporting the adoption of electric vehicles in New Jersey, announced that Camden, NJ will see the state’s first electric buses. When deployed, the Proterra Catalyst buses, designed and manufactured in the US, will operate out of Camden’s Newton Avenue Garage.

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The Big E: July 17, 2024 – Today’s Most Important News

Clean Fleet Report

The good news is–it found the total cost of ownership over that period was positive (compared to a comparable gas-powered car) in 48 of 50 states. percent in state sales tax, EV purchasers also will need to pay into a state fund to pay for road repairs and other support for the state’s transportation infrastructure.