hybrid vehicle incentives

Hybrid vehicle incentives refer to financial benefits or rewards provided by governments, organizations, or automakers to motivate and encourage the purchase or use of hybrid vehicles, which are vehicles that combine both a conventional combustion engine and an electric motor to reduce fuel consumption and greenhouse gas emissions. These incentives can include tax credits, rebates, grants, reduced tax rates, or special privileges that aim to make hybrid vehicles more affordable or economically attractive for consumers.

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