Latest News Stories

NJ CAR hosted a webinar with Chris Donnelly, VP of Business Development at Donnelly Construction and Justin Avallone, VP of Utility Programs at Donnelly Energy.  The webinar covered how dealers can take advantage of a variety of incentives available from their local power utility including incentives for: Electric Vehicle...

The new federal EV tax credit rules issued by the US Department of the Treasury on April 7, 2023, take effect this week on April 18th.   These dates are important.   Since April 7th, Treasury put the EV world on notice that battery compliance will influence the amount of a...

NJ CAR was informed, over the weekend, by the Center for Sustainable Energy (CSE) that Year 3 of the Charge Up New Jersey EV Incentive Program is closing soon (possibly as early as tonight). According to the Charge Up New Jersey website, the $60 million allocated for Charge Up New Jersey...

An Annual Report is required to be filed by May 1, 2023 for all Motor Vehicle Installment Seller Licensees.  If the report is delayed, your dealership will be assessed a fine and your license suspended (details below). All licensed dealerships were sent an email from the Department of Banking and Insurance...

Update on Status of Funds Available For EV Rebates The $60 million allocated for the Charge Up New Jersey electric vehicle incentive program for fiscal years 2022-23 is drawing near an end. Currently, $8 million of available program funding is left. No closing date has been set, as of yet. The...

Health benefits are among the biggest expenses for new car dealers. NJ CAR has worked with its partners (Corporate Synergies Group, HUB International, and WithumSmith+Brown) to conduct an annual health benefits survey to provide dealers with useful data to gauge how their benefits measure up against the rest of...