“I-95 North – Welcome to New Jersey Sign” by formulanone is licensed under CC BY-SA 2.0.
New Jersey just signed a law approving a punitive new EV registration fee – and at $250, it’s the highest in the country.
New Jersey’s EV registration fee kicks in July 1, and then rises by $10 each year before it caps out at $290 in July 2028. Plus New Jersey new car purchases require a four-year upfront registration, so that’s more than $1,000 for new EV purchases.
The money goes into the state’s Transportation Trust Fund for road, rail, and bridges along with gas tax money. New Jersey also raised revenue targets for gas taxes by around 18% over five years – around 2 cents annually to the state’s fuel levies.
Electrek’s Take
Thinking of buying a new EV in New Jersey? Your new EV will be exempt from state sales tax, so that’s cool. And of course you get the federal Inflation Reduction Act upfront tax credit of $7,500. Nice one, Biden administration.
But wait. You’ve gotta pay $1,000 upfront for four years of registration since your EV is new. Oh, and the state funding that provided incentives of up to $4,000 for the purchase or lease of new EVs for 2022, 2023, and 2024? Afraid that’s already tapped out. Or as the state puts it, “temporarily unavailable.” Kinda takes the joy out of buying a new EV, Garden State – the thing you’re trying to get people to adopt since you banned the sale of new gas cars by 2035.
Or as Doug O’Malley, director of Environment New Jersey, put it: “New Jersey EV policy shouldn’t be schizophrenic, and this EV tax is a blunt instrument which will suppress EV sales.”
He also called the EV tax “punitive,” and we agree. O’Malley suggested before this tax was OK’ed that the tax should have been set at $75 to reflect EV efficiency.
As we at Electrek have said before, shift the entire transportation fund away from gas, diesel, and now EV taxes, and figure out a better way to raise very-much-needed money.
Calculate the taxes based on vehicle weight – and the damage the vehicle does to roads and bridges – instead. According to a US Government Accountability Office study, “a truck axle carrying 18,000 pounds is only nine times heavier than a 2,000-pound automobile axle, [but] it does 5,000 times more damage.” This can be completed when the vehicle is registered. Because, as my colleague Jameson Dow said when we discussed this, “This EV registration tax is targeting a thing that isn’t the problem, and its disincentivizing the most necessary thing.”
But the proponents of these EV fees wouldn’t advocate for that, because these fees are pushed by the fossil fuel industry. These laws were not conceived of to fix a shortfall in revenue, but rather to target a competitor to the fossil fuel industry. And they’ve spread to many states with this disingenuous motivation – even states that have pro-EV policies.
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bp pulse is continuing to roll out public DC fast charging across the US, and the company has opened its first-ever site in Arizona, along with new fast-charging locations in Texas, Florida, and Ohio.
In Arizona, bp pulse’s first site is now online at the Petro Travel Center in Eloy, just off Interstate 10 at Exit 200 (pictured). The location features 16 charging bays delivering up to 400 kilowatts, with both CCS and NACS connectors available. While charging, drivers can take advantage of the travel center’s onsite diner, convenience store, ATM, barber shop, and restrooms.
In South Florida, bp pulse’s new fast-charging site is at 2400 Miami Road in Fort Lauderdale, about three miles from Fort Lauderdale–Hollywood International Airport. The site features 16 charging bays, offering a mix of 150 kW and 400 kW speeds, with both CCS and NACS connectors. Its proximity to the airport makes it a handy stop for ride-hail drivers, EV rental returns, and airport pickups and drop-offs, with hotels, restaurants, and convenience stores nearby.
Texas is also getting more high-power charging, with a new bp pulse site at the Petro Travel Center in El Paso, located off Interstate 10 at Exit 37. This location offers 12 charging bays capable of delivering up to 400 kW, again with both CCS and NACS connectors. Drivers can take advantage of the diner, convenience store, barber shop, and restrooms while they charge.
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In Ohio, bp pulse has opened a smaller but still high-powered site at a TravelCenters of America location in Hebron, just off Interstate 70 at Exit 126. The site includes six 400 kW charging bays with CCS and NACS connectors, along with access to a convenience store, fast-food options, and restrooms.
These openings are part of bp pulse’s broader plan to build out EV charging across bp’s retail footprint, including bp, Amoco, ampm, Thorntons, and TravelCenters of America locations. Many of those sites are designed to combine fast charging with food, restrooms, and other travel amenities. bp has also said it plans to begin adding EV chargers at Waffle House locations starting in 2026.
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The Cadillac Lyriq and Chevy Blazer EV were among the vehicles that saw the biggest lease price drops in December.
Cadillac and Chevy EV lease prices drop in December
With the $7,500 federal EV tax credit now gone, automakers are filling the gap with their own incentives. Some are passing on the savings as bonus cash, conquest cash, lease discounts, and more.
Two General Motors electric SUVs, the Chevy Blazer EV and the Cadillac Lyriq, had some of the largest lease price drops of any vehicle in December.
The 2026 Cadillac Lyriq AWD Luxury model is now listed at $439 per month for 24 months. With $4,979 due at signing, the effective rate is $646, or $28 less per month than in November.
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That’s after the Lyriq already saw prices drop by $115 a month from October. However, the December deal includes a $2,000 competitive bonus for owners and lessees of a 2011 model year or newer non-GM vehicle.
The 2026 Cadillac Lyriq Luxury (Source: Cadillac)
The 2026 Chevy Blazer EV FWD LT is now available to lease for as low as $319 a month for 24 months. With $6,039 due at signing, the effective rate is $571 per month, about $60 less than in November. The deal includes a $750 competitive bonus and $1,000 customer cash allowance.
Chevy and Cadillac are offering discounts across their entire EV lineup. All 2025 Chevy electric vehicles, including the Blazer EV, Equinox EV, and Silverado EV, are available with 0% APR financing for 60 months.
Intestingly, the 2026 Chevy Equinox EV is also available with 0% APR financing, while the 2026 Blazer EV is listed with 1.9% APR for 36 months.
Cadillac is offering a $2,000 conquest or loyalty bonus for the 2026 Cadillac Vistiq and select 2025/2026 Optiq and Lyriq models, plus 2.9% APR for 60 months.
The 2026 Cadillac Optiq is available to lease for as low as $319 per month for 24 months, while the 2026 Vistiq is available to lease for $619 per month for 24 months.
Want to try one out? We’ve got you covered. Check out the links below to see what Cadillac and Chevy EVs are nearby.
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Electric vehicle prices edged lower and incentives jumped in November, but the month still saw a sales slowdown as the US EV market continues to hunt for a new normal.
Initial estimates from Kelley Blue Book show that EV sales came in at just over 70,000 units in November, more than 40% lower than a year ago and about 5% below October’s level.
The average transaction price (ATP) for a new EV in November was $58,638. That’s up 3.7% year-over-year but down 0.8% from October. Incentives told a different story: Discounts averaged 13.3% of ATP, which is lower than in November 2024 but jumped 20.1% compared to October.
Tesla continued to feel the pressure. The automaker’s ATP was $54,310 in November – down 1.7% from the same period a year ago but up 1.5% month-over-month. Sales declined for the second straight month and were down 22.7% year-over-year, mainly because of a drop in Model 3 demand.
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Model 3 sales slid 42.1% compared to November 2024 and fell 11.9% from October. Meanwhile, the Model Y, still the best‑selling EV in the US, saw prices increase 0.9% year-over-year and month-over-month. Model Y sales were slightly lower than last November, down 0.5%, but rose 2.5% compared to October.
The Tesla Cybertruck showed signs of cooling. Once the best‑selling vehicle priced above $100,000, Cybertruck sales fell to 1,194 units in November, the lowest monthly total of 2025 so far. Its average price was $94,254, higher both year-over-year and compared to October.
Taken together, the numbers paint a picture of an EV market in transition: prices are easing, incentives are rising, but buyers are still holding back as the industry tries to settle into its next phase.
Cox Automotive executive analyst Erin Keating said, “It’s important to remember that the KBB ATP is a measure of what is bought, not what is available. Nearly half of new-vehicle buyers are over the age of 55 and in their peak earning years. These buyers are more likely shopping for a high-end SUV, not something cheap and cheerful. In November, the over-$75,000 price point saw more volume than under-$30,000.”
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