New Jersey Governor Phil Murphy’s administration is pushing for more electric vehicles and hybrids on the road to reduce pollution and fight climate change. The state’s popular incentive program for electric vehicles, Charge Up New Jersey, is set to remain unchanged in the upcoming budget, with $50 million allocated for fiscal year 2026. However, advocates warn that without federal incentives, the state’s offerings may not be enough to entice drivers to go electric.
Federal tax credits of up to $7,500 have been credited with boosting electric vehicle sales, but efforts to scrap these incentives are underway. State lawmakers have also eliminated the sales tax exemption for electric vehicles and increased registration fees, prompting concerns about affordability and incentives for drivers.
With budget season underway, Senator Bob Smith emphasizes the need to prioritize sustainability issues, such as improving the electric grid and reducing greenhouse gas emissions. As New Jersey aims to increase the number of electric vehicles on the road, additional funding and policies may be needed to support the transition to cleaner transportation options.
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