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Georgia scales back plug-in support, now limited to 2,000 EVs a year – AutoblogGreen

Last year, about one percent of Georgia’s new vehicles were battery-electric, theAtlanta Business Chronicle reported last month and Atlanta was a Nissan Leafhotspot for many months. Sales were likely helped by the fact that neighboring states like South Carolina and Tennessee had lower EV incentives. This may all change, though, because Georgia just decided to put a cap on its up-until-now generous tax credit for people who buy battery-electric vehicles. The cutback was proposed by state Rep. Chuck Martin (R-Alpharetta).

Last week, Georgia, which has been providing a $5,000 tax credit for EV buyers, passed a law (HB 257) in which the aggregate annual amount given out under the program can’t exceed $10 million. That means that after the first 2,000 Leafs, Tesla Model S EVs and other plug-in cars are purchased, all other prospective green-car drivers are out of luck for the year. The new wrinkle goes into effect next month.
More http://m.green.autoblog.com/2014/03/20/georgia-scales-back-plug-in-support-limited-2000-evs-year/

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