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Rhode Island Launches DRIVE Incentive Program

"We are encouraged by the broad showing of support for the DRIVE program from Rhode Island’s leaders, and applaud Governor Gina Raimondo, U.S. Senator Sheldon Whitehouse, and Attorney General Peter Kilmartin, in addition to Commissioner Gold, on their efforts,” said John Bozzella, President and CEO of Global Automakers. “We know that incentive programs such as cash rebates for consumers have shown to be a successful tactic for increasing sales of electric vehicles, so this program is a smart first step in building a green car market in the state."

Read the Global Automakers full statement:

Global Automakers Supports Introduction of Rhode Island EV Incentive Program

Washington, DC, January 30, 2016 – The Association of Global Automakers (Global Automakers) supports the introduction of the Driving Rhode Island to Vehicle Electrification (DRIVE) program, as announced by Rhode Island Energy Commissioner Marion Gold at the 2016 Northeast International Auto Show.

“We are encouraged by the broad showing of support for the DRIVE program from Rhode Island’s leaders, and applaud Governor Gina Raimondo, U.S. Senator Sheldon Whitehouse, and Attorney General Peter Kilmartin, in addition to Commissioner Gold, on their efforts,” said John Bozzella, President and CEO of Global Automakers. “We know that incentive programs such as cash rebates for consumers have shown to be a successful tactic for increasing sales of electric vehicles, so this program is a smart first step in building a green car market in the state.”

The DRIVE program, Rhode Island’s first electric vehicle (EV) adoption incentive program, offers up to $2,500 to consumers who purchase or lease an eligible new electric vehicle. The level of rebate will be based on the battery capacity of the specific vehicle. Through a partnership between the Office of Energy Resources and the Office of the Attorney General, the state has set aside a total of $200,000 in funding for the program. 

“Automakers are continuing to make significant investments in the production of alternative fuel vehicle options to offer consumers a variety of cleaner, more efficient vehicles,” said Bozzella. “While incentive programs, along with the availability of these products, help promote green technologies, many marketplace challenges remain, such as the availability of charging stations and low gas prices. We encourage Rhode Island to continue investing in its efforts to build a sustainable marketplace for clean vehicles.” 

Rhode Island was one of eight states that signed a 2013 Memorandum of Understanding (MOU), committing to support, promote and ensure a robust market for zero-emission vehicles.

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