New Jersey will spend millions of dollars to get people to ditch gas stations and purchase all-electric vehicles to fight climate change, Gov. Phil Murphy announced Monday.
It includes a payment of up to $4,000 to reduce the price of an electric vehicle and $250 to help pay for a charging station at their homes, Murphy said. Another $4 million will go towards giving incentives for apartment buildings and condominiums to install charging stations for their residents to use.
The roughly $60 million that will be used to fund the incentive program will come from this year’s Clean Energy Fund, Murphy said.
“There is no doubt that the tide has turned and electric vehicles are now a legitimate alternative, equal to their internal-combustion competitors in price if not superior in performance,” the Democratic governor said during an event in Asbury Park. (NJ.COM)
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