The benefits of owning an electric car

The government will pay you to drive one.

Depending on what state you live in, you might be eligible for a significant rebate or tax credit, simply for purchasing an electric car. Every EV purchased comes with a one-time $7500 federal tax credit, but individual states may tack on a little extra. You’ll also get a 30% tax credit for the purchase and installation of home charging gear – and since this applies to businesses too, there is a potential for massive tax savings