Are There Georgia EV Incentives?

Rising gas prices have lots of Duluth drivers going electric and researching if there is a Georgia EV tax credit for 2022. Is there a Georgia electric car tax credit? We answer that below and talk about the federal and Georgia EV incentives that are available for drivers of electric vehicles.

Is There a Georgia Electric Car Tax Credit?

Many states see the benefits of electric vehicles on the environment and offer tax incentives or rebates to encourage their residents to go electric. Georgia did that, as well, from 2010 to 2015. Is there a Georgia EV tax credit now? Unfortunately, there is no current Georgia electric car tax credit for Lawrenceville residents to take advantage of.

Georgia EV Incentives Other Than Tax Credits

Just because there are no Georgia EV tax credits doesn’t mean that residents of Atlanta who drive electric vehicles are left in the lurch. There are other incentives to take advantage of. Here is a partial list:

• Electric vehicles displaying the alternative fuel license plate may use the HOV and HOT lanes regardless of the number of passengers.
• Businesses may receive a tax credit for installing electric vehicle chargers on their premises.
• Private utility companies like Georgia Power offer rebates and incentives to drivers of electric vehicles.

The Federal EV Tax Credit for 2022

The federal government offers an EV tax credit for 2022 of up to $7,500 for folks who purchase an eligible electric or hybrid vehicle. The amount of the credit varies according to the capacity of the vehicle’s battery. Check out the government’s website for details on your vehicle.

What BMW is Doing to Help the Environment

BMW not only produces some top-of-the-line electric vehicles like its iX series, but it is striving to manufacture its vehicles in a much greener way through its use of low-carbon steel. Up to 40% of all steel it uses in its European plants will be low carbon by 2026. That will result in a reduction of CO2 emissions by up to 400,000 tons per year. Here are some of the electric vehicles and hybrids produced by BMW:

Electric Vehicles

• iX xDrive50
• i4 eDrive40
• i4 M50
• iX M60

Plug-In Hybrid Vehicles

• X5 xDrive45e
• 330e Sedan
• 530e Sedan
• 745e Sedan

Come See the EVs and Hybrids at BMW of Gwinnett Place

Did you know that BMW offers its own incentives by way of a charging credit financing offer and a charging credit leasing offer for plug-in hybrids? Why not come see these remarkable vehicles yourself in our showroom? We’ll gladly walk you through all the benefits of driving one. We’re conveniently located near Swanee. So, drop by or contact us today.