electric vehicle (ev) incentives

Electric vehicle (EV) incentives refer to the various financial and non-financial benefits provided by governments, organizations, or individuals to support and promote the adoption of electric vehicles. These incentives may involve tax credits, subsidies, rebates, grants, or discounts that aim to reduce the cost of purchasing an EV, improve charging infrastructure, offer preferential parking, lower electricity rates, or provide other advantages to encourage the transition to clean and sustainable transportation.

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