What is the New York electric vehicle rebate?

Electric vehicle charging stations are popping up everywhere where I live. While I was hesitant about buying an electric car, this makes me think that now is the perfect time to buy one. I just want to see if I can get any money back. Does New York have an electric vehicle rebate?

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Answer provided by
Eric Schad
Answered on Jun 20, 2022
With reduced greenhouse gas emissions and lower pollution, New York is incentivizing the purchase of electric vehicles. Also known as Charge NY, the New York electric vehicle rebate provides up to $2,000 to New York residents who buy or lease a new electric vehicle. Plug-in hybrid electric vehicles are also eligible for this rebate.
However, the amount you receive on the rebate depends on the all-electric distance of the vehicle as follows:
  • Range of 200 miles or more: $2,000
  • Range of 40 miles to 199 miles: $1,000
  • Range of fewer than 40 miles: $500
If the vehicle you select has a range of 199 miles or less, you can also get an additional $500 rebate if your car has a manufacturer’s suggested retail price of less than $42,000.
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