Another suggestion that Gov. Whitmer shared during Wednesday’s State of the State speech was a rebate for electric vehicles.
Officials say the $2,000 rebate for a new electric vehicle and a $500 rebate for home chargers can be coupled with a $7,500 federal tax credit, reducing the price of an electric car by about $10,000.
This includes electric cars built in Michigan.
“Michigan put the world on wheels, and we will electrify it too. This new rebate will put Michiganders first and help families buy an electric vehicle by driving down costs,” Gov. Whitmer said. “With this rebate and the federal government, Michiganders can shave nearly $10,000 off the purchase price of an electric or plug-in hybrid vehicle.”
Gov. Whitmer continued: “Electric vehicles cost half as much to maintain and start up as gas-powered cars to refuel. Going electric will save families up to $10,000 over the life of the vehicle, support tens of thousands of high-paying auto jobs in Michigan, and help us preserve clean air and water for future generations.”
“Ford is leading the electric vehicle revolution and ramping up production of our iconic all-electric vehicles, including the F-150 Lightning pickup truck, which is assembled right here in Michigan,” said Steven Croley, chief policy officer and general counsel, Ford Motor Company. “Governor Whitmer’s electric vehicle rebate plan will help more Michigan citizens get behind the wheel of electric vehicles, fight climate change and ensure our home state continues to lead the world into the future of zero-emission transportation.”
“Governor Whitmer’s proposal for discounts on electric vehicles for Michigan residents is a step forward in making electric vehicles accessible to all,” said Tony Tomczak, DTE’s vice president of electric sales and marketing. “We have worked hard to prepare our power grid for more electric vehicles and are investing $1 billion annually to make the necessary upgrades to meet the growing demand for electric vehicles while keeping energy affordable for all.”
Officials say that owning an electric vehicle will save drivers between $6,000 and $10,000 over the life of a vehicle compared to a gas-powered car.
They say that electric cars require half as many repairs, cost half as much to maintain and require half as much charging as gas-powered cars to refuel.
Additionally, officials say the transition to electric cars will help families save thousands of dollars, create thousands more high-paying jobs, and protect clean air and water.
Click here to read Governor Whitmer’s plan to reduce the cost of electric vehicles.
