Hochul announces $12M in additional funding for electric vehicle rebate program

A driver uses a fast-charging station for electric in the cell phone lot at John F. Kennedy (JFK) airport on April 02, 2021.
A driver uses a fast-charging station for electric in the cell phone lot at John F. Kennedy (JFK) airport on April 02, 2021. Photo credit Spencer Platt/Getty Images

NEW YORK (WCBS 880) — In an effort to support New York’s goal of cutting greenhouse gas emissions by 85 percent by 2050, Gov. Hochul announced over $14 million in funding on Wednesday toward projects advancing the state’s climate-focused mission.

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A bulk of the awarded funds, $12 million, will be added to the Drive Clean Rebate program which helps New Yorkers save up to $2,000 on the purchase or lease of an electric vehicle. Another $2.7 million will be distributed to local governments for the purchase of electric vehicles and the installation of zero-emission charging stations for public use.

"Zero-emission vehicles are one of the most effective ways to reduce greenhouse gas emissions and boost the electrification of our transportation sector," Hochul said. " Every milestone we reach in transitioning to clean electric vehicles is another step closer to improving air quality in communities, and New York is proud to continue paving the way towards a cleaner, greener future."

Available in every county in the state and administered by car dealerships, consumers can receive reduced upfront costs with rebates ranging from $500-$2,000, with higher rebates available for longer-range, all electric vehicles with a price tag of less than $42,000.

"Both the ZEV awards and New York State's Drive Clean Rebate program send important messages to communities and consumers. Now is the time to take the simple step toward owning an electric vehicle or building out a fleet of electric vehicles,” said Doreen Harris, president and CEO of the New York State Energy Research and Development Authority, the agency responsible for administering the rebate initiative.

New York City received $112,500 toward 15 battery electric vehicles.

The announcement is just one part of New York’s climate action plan which aims to accelerate the State’s adoption of electric vehicles with goals of having the State’s fleet and school buses all electric by 2035. Hochul also recently signed legislation that lays out a plan for all new cars and trucks for sale to be only zero-emission vehicles by 2035.

Featured Image Photo Credit: Spencer Platt/Getty Images