-
Jamelia Todd
Governor Northam signed bill HB 1979 last week creating an electric vehicle rebate program for both new and used electric vehicles.
The program provides a $2,500 rebate after the purchase or lease of a new or used vehicle, while those below 3x the federal poverty level would get an additional $2,000 rebate for a new vehicle, or $500 for a used vehicle.
The bill also establishes an Electric Vehicle Rebate Program Advisory Council to oversee the Electric Vehicle Rebate Program and to make recommendations regarding its implementation and the Electric Vehicle Rebate Program Fund created by the bill. The Director of the Department of Mines, Minerals and Energy is required to report annually to the Governor and the General Assembly regarding the program.
The move is intended to boost clean car sales and thereby reduce the levels of pollutants that the state’s passenger cars release into the environment. In 2018, 1.7 percent of vehicle sales in Virginia were electric vehicles. By comparison New York was at 1.6 percent, and California at 7.8 percent.
The program expires in January 2027 when it will likely be renewed.
Share This Story
Jamelia Todd
More Stories
Forbes Calls Virginia Beach The 9th Best City For Renters
In the US, around 30% of housing units are renter-occupied. Around 20% of American renters move house during any given year, meaning there are millions of highly stressful apartment hunts happening across the country at any time.
Most Read
More Stories
How To Choose A Hotel At The Virginia Beach Oceanfront
How to sort through the many options and find the...
The Country’s Largest New Renewable Energy Project Is Coming To Virginia Beach
The CVOW project is expected to be completed in 2026...
Weather
Donate to TheVBJ!
More
Luxury Apartments Coming To Hampton
The $130 million project is expected to be completed in 2024.
Casting Call For Extras In The Walking Dead Spinoff Filming In Richmond
Make sure you’ve been practicing your zombie walk.
Pharrell Announces Nonprofit To Boost Black And Latin Startups
Virginia Beach native Pharrell Williams has teamed up with historically black colleges and universities (HBCUs) and with several big corporate names to launch Black Ambition…
Norfolk International Airport to Receive Over $14 Million in Federal Funds for Road Access Improvements
This investment is a critical part of the airport’s ongoing development as it works to meet growing demands and enhance its infrastructure…
Norfolk Breaks Ground on $750 Million Casino
Developers in Norfolk have officially broken ground on a $750 million casino project that promises to bring significant economic…
The Canopy: Luxury Apartments Coming To Hilltop In Virginia Beach
Leading the project is local developer The Franklin Johnston Group of Virginia Beach…
