Business

Massachusetts pumping $2 million more into electric car program

Governor Charlie Baker is pumping an additional $2 million into a program designed to encourage Bay State residents to switch to electric vehicles.

The money will go to the state’s electric vehicle rebate program, administered by the Department of Energy Resources.

Advertisement

Under the program, Massachusetts residents are offered rebates of up to $2,500 if they choose to buy or lease electric vehicles.

So far, the program has provided rebates for more than 700 zero and low-emission vehicles, including battery electric, plug-in hybrid electric, and fuel-cell electric vehicles, and zero-emission motorcycles.

Get Talking Points in your inbox:
An afternoon recap of the day’s most important business news, delivered weekdays.
Thank you for signing up! Sign up for more newsletters here

Zero and low-emission vehicles save drivers on fuel and maintenance, while emitting less carbon dioxide.

Money for the program comes from auction proceeds from the Regional Greenhouse Gas Initiative, the nation’s first multi-state ‘‘cap-and-trade’’ program. Massachusetts participates in the initiative.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com