Zero Emissions Vehicle (ZEV) Tax Exemption

ZEVs that are sold on or after October 1, 2024, and before July 1, 2025, are subject to a 3.3125% tax. ZEVs that are sold on or after July 1, 2025, will be subject to a 6.625% tax. For a list of qualified ZEVs, see the New Jersey Department of the Treasury ZEV Sales Tax Exemption website.

(Reference New Jersey Statutes 54:32B-3 and 54:32B-8.55 and Assembly Bill 4702, 2024)