By the Numbers. How fast a State EV Credit was Totally Drained

Where: Maryland

How much in EV incentives was available? $6 Million

How quickly did it go? 

  • “depleted before the fiscal year began on July 1st”
  • 2019 doubled funding
  • But there was a backlog of unpaid EV incentives waiting

What was the max rebate? $3,000 rebate

How many EVs in Maryland? The number has doubled from 2017 to 2018 to 18,000

Maryland’s Goal on EVs? 300,000 EVs by 2025

Engadget | Maryland is already out of EV tax credits for 2019

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