Electric Cars


Maryland is one of 17 states that have passed legislation to phase out gasoline powered cars by 2035. New cars sold will have to be electric or fuel cell vehicles. The phase out applies to light duty vehicles under 10,000 lbs. like cars, pickup trucks, and SUVs. Heavier vehicles are under a separate rule. Manufacturers have to meet annual quotas for EV sales, starting at 43% in 2027. If they fall short, there is a $20,000 penalty per vehicle. Federal tax incentives of up to $7,500 are available for qualifying EVs, and Maryland offers up to $3,000 more. Tax credits will eventually be available at point of sale. - Building out charging infrastructure and adapting the electric grid are challenges. Billions from the Inflation Reduction Act will help install more chargers.