DRIVE EV Funded and administered through a partnership between the Rhode Island Office of Energy Resources (OER) and the Rhode Island Infrastructure Bank (RIIB), DRIVE EV offers rebates of up to $1,500.00 for the purchase or lease of new battery electric vehicles and fuel-cell electric vehicles, and up to $1,000.00 for new plug-in hybrid electric vehicles. The project also provides rebates of up to $1,000.00 for the purchase or lease of used battery electric vehicles and fuel-cell electric vehicles, and up to $750.00 for used plug-in hybrid electric vehicles. DRIVE EV rebates are available on a first-come, first-served basis[1]. This project is open to Rhode Island residents who purchase or lease a qualifying vehicle from a licensed Rhode Island automobile dealership or a qualified Out-Of-State (OOS) dealership. Applicants must submit all required supporting documentation within one hundred and twenty (120) days of the purchase or lease date, including copies of: A valid Rhode Island registration certificate for the electric vehicle; The final sales or lease agreement, including an itemization of credits, discounts, and incentives received (where applicable); A Rhode Island driver’s license; and A signed W-9 form. Importantly, if a qualified applicant does not submit all required supporting documentation within one hundred and twenty (120) days, as indicated above, OER and RIIB will release the “reserved” funds back to the DRIVE EV project, and a new application will need to be submitted. The DRIVE EV Project Administrators will communicate with the applicant regarding their application via email. It is the applicant’s responsibility to check all DRIVE EV related emails for status updates and requests for additional information or documents required to complete the application. OER and RIIB will review all submitted materials for completeness and to ensure the applicant meets all eligibility requirements. If approved, OER and RIIB will award the appropriate rebate amount directly to the applicant in a single payment, by check, within four to six (4-6) weeks from the date of final approval.[2] OER and RIIB reserve the right to modify the DRIVE EV project and its terms and conditions and/or terminate the project at their sole discretion. The submittal of an application form does not guarantee an award. DRIVEEV Project Requirements and Rebate Amounts NEW Electric Vehicle USED Electric Vehicle $1,500.00 rebate for new Battery Electric Vehicles (BEVs) or new Fuel-Cell Electric Vehicles (FCEVs) OR $1,000.00 rebate for new Plug-in Hybrid Electric Vehicles (PHEVs) $1,000.00 for used Battery Electric Vehicles (BEVs) or used Fuel-Cell Electric Vehicles (FCEVs) OR $750.00 for used Plug-in Hybrid Electric Vehicles (PHEVs). Purchase or lease a new eligible EV with an agreed upon value of the vehicle at or below $60,000.00* * $60,000.00 price cap does not include taxes, registration fees, delivery fees, and any capitalized cost reductions including incentives, rebates, negotiations, trade-in allowance, cash deposits, and any other similar reductions that could be considered a capitalized cost reduction. Purchase or lease a new eligible EV with an agreed upon value of the vehicle at or below $40,000.00* * $40,000.00 price cap does not include taxes, registration fees, delivery fees, and any capitalized cost reductions including incentives, rebates, negotiations, trade-in allowance, cash deposits, and any other similar reductions that could be considered a capitalized cost reduction. Leased vehicles (used) are required to have a lease term of at least twenty-four (24) months to qualify for the project. Leased vehicles (used) are required to have a lease term of at least twenty-four (24) months to qualify for the project. Purchase or lease date must be on or after 07/07/2022 Purchase or lease date must be on or after 07/07/2022 Eligible vehicles must be purchased or leased by a Rhode Island resident at a licensed Rhode Island automotive dealership or at a qualified Out-of-State dealership and registered in Rhode Island. Eligible vehicles must be purchased or leased by a Rhode Island resident at a licensed Rhode Island automotive dealership or at a qualified Out-of- State dealership and registered in Rhode Island. From the date of purchase/lease:Applicants will have one hundred and twenty (120) days to provide OER with all required supporting documentation From the date of purchase/lease:Applicants will have one hundred and twenty (120) days to provide OER with all required supporting documentation List of Qualifying Out-Of-State dealerships*: 1A Auto Sales – 1449 Main St, Walpole, MA 02081 Audi Burlington – 62 Cambridge St, Burlington, MA 01803 Audi Brookline – 308 Boylston Street, Brookline, MA 02445 Balise Honda of North Attleboro – 849 South Washington St, North Attleboro, MA 02760 BMW of Sudbury – 68 Old County Road, Sudbury, MA 01776 Bob Valenti Chevrolet - 72 Jerry Browne Rd, Mystic, CT 06355 Boch Nissan of Norwood – 525 Boston Providence Highway, Norwood, MA 02602 Bristol Toyota – 2283 Grand Army Highway, Swansea, MA 02777 Central Hyundai – 98 Lathrop Rd, Plainfield, CT 06374 Ciocca of Flemington – 211 US-202, Flemington, NJ 08822 Copeland Chevrolet - 955 Pearl St, Brockton, MA 02301 Empire Ford of New Bedford – 395 Mt Pleasant St, New Bedford, MA 02746 Faris Auto Mall – 512 W Center St, Manchester, CT 06040 Ford of Westborough – 310 Turnpike Road, Westborough, MA 01581 Genesis of Auburn, Inc. - 735 Southbridge Street, Auburn, MA 01501 Herb Chambers Ford of Braintree – 75 Granite Street Rte 37, Braintree, MA 02184 Herb Chambers Lexus – 25 Providence Highway, Sharon, MA 02067 Herb Chambers Lexus – 141 Derby Street, Hingham, MA 02043 Herb Chambers BMW of Boston – 1168 Commonwealth Avenue, Boston, MA 02134 Herb Chambers BMW of Medford – 60 Mystic Ave, Medford, MA 02155 Herb Chambers Luxury Motorcars Bentley of Boston – 533 Boston Post Road, Wayland, MA 01778 Herb Chambers Porsche of Boston – 1172 Commonwealth Avenue, Boston, MA 02134 Herb Chambers Cadillac Lynnfield – 395 Broadway Rte 1, Lynnfield, MA 01940 Herb Chambers Volvo of Norwood – 1120 Providence Highway, Norwood, MA 02062 Herb Chambers Lincoln of Norwood – 1130 Providence Highway, Norwood, MA 02602 Herb Chambers Lincoln of Westborough – 75 Otis Street, Westborough, MA 01581 Herb Chambers Infiniti of Westborough – 312 Turnpike Road, Westborough, MA 01581 Herb Chambers Honda of Boston – 720 Morrissey BLVD, Boston, MA 02122 Herb Chambers Honda Burlington – 33 Cambridge Street, Burlington, MA 01803 Herb Chambers Honda of Seekonk – 185 Taunton Avenue, Seekonk, MA 02771 Herb Chambers Honda of Westborough – 350 Turnpike Road, Westborough, MA 01581 Herb Chambers Chrysler Dodge Jeep Ram Fiat of Danvers – 107 Andover Street, Danvers, MA 01923 Herb Chambers Chrysler Dodge Jeep Ram Fiat – 2 Latti Farm Road, Millbury, MA 01527 Herb Chambers Maserati of Millbury – 461 South West Cutoff, Worcester, MA 01607 Herb Chambers Alfa Romeo of Millbury – 461 South West Cutoff, Worcester, MA 01607 Herb Chambers Kia Burlington – 93 Cambridge Street, Burlington, MA 01803 Herb Chambers Hyundai of Auburn, Inc. – 735 Southbridge Street, Auburn, MA 01501 Herb Chambers Toyota of Auburn, Inc – 809 Washington Street, Auburn, MA 01501 Herb Chambers Toyota of Boston – 32 Brighton Ave, Boston, MA 02134 Herb Chambers Chevrolet Danvers – 90 Andover Road, Danvers, MA 01923 Imperial Ford – 8 Uxbridge Road, Mendon, MA 01756 Jaguar Land Rover Boston – 1188 Commonwealth Avenue, Boston, MA 02134 Jaguar of Sudbury – 83 Boston Post Road, Sudbury, MA 01776 Key Hyundai of Salem - 470 South Broadway, Salem, NH 03079 Land Rover of Sudbury – 83 Boston Post Road, Sudbury, MA 01776 Marlboro Nissan – 740 Boston Post Rd, East Marlborough, MA 01752 McGovern Chevrolet of Greenfield – 54 Main St, Greenfield, MA 01301 McGovern Hyundai – 240 Manley St, Brockton, MA 02301 McGovern Hyundai - 158 E Main St, Milford, MA 01757 Mercedes-Benz of Boston – 259 McGrath Hwy, Somerville, MA 02143 Mercedes-Benz Flagship Motorcars – 385 Broadway, Lynnfield, MA 01940 Mercedes Benz of Natick – 253 North Main Street, Natick, MA 01760 Milford Nissan – 320 East Main St, Milford, MA 01757 Nucar Volkswagen of Norwood – 1380 Providence Hwy, Norwood, MA 02062 Patriot Subaru of North Attleboro - 551 S Washington St, North Attleborough, MA 02760 Polestar Boston – 63 North Beacon St, Boston, MA 02134 Porsche Burlington – 64 Cambridge St, Burlington, MA 01803 Premier Kia – 205 N Main St, Branford, CT 06405 Putnam Kia – 157 Providence Pike Route 44, Putnam, CT 06260 Toyota of Dartmouth – 100 Old Faunce Corner Rd, North Dartmouth, MA 02747 Valenti Motors of Water Town – 600 Straits Turnpike, Watertown, CT 06795 * If the dealership is not listed here, please make sure to contact us directly. Exceptions may be made on a case-by-case basis. OER cannot guarantee rebates will be approved from dealerships not on this list. For additional information, click here for the DRIVE EV Guidance Document. APPLY HERE! [1] Rebates will be made on a first-come, first-served basis based upon adherence to application requirements and contingent on funding availability. OER reserves the right to extend, modify, or terminate this project based on funding availability and/or other factors. [2] Processing times may vary.
