2023 Fisker Ocean Review

Funded and administered through a partnership between the Rhode Island Office of Energy Resources (OER) and the Rhode Island Infrastructure Bank (RIIB), DRIVE EV provides a Standard Rebate of $1,000, or a total of $2,500 (which includes the DRIVE+ Rebate for qualified low-income applicants). Offer is available for the purchase or lease of a used qualifying battery electric or hydrogen fuel cell vehicle. To qualify:

• Final sales and purchase agreement price of vehicle at or below $40,000.
• Must be a Rhode Island resident with a Rhode Island driver's license.
• Vehicle to be purchased or leased from a licensed Rhode Island automotive dealership, or from an eligible Out-Of-State dealership on a qualified list.
• Vehicle must be registered with the Rhode Island Division of Motor Vehicles.
• Applicants are required to retain ownership for a minimum of 24 consecutive months immediately after the vehicle purchase or lease date.
• Leased vehicles must have a lease term of at least 24 months.
• One application per individual (per 48-month period).

Additional information:

• For the $2,500 (Standard Rebate combined with the DRIVE+ Rebate), Rhode Island residents must meet one of the following criteria:
• Participate in a qualifying State or Federal low-income assistance program.
• Submit a Self-Attestation Form of Income referencing the Low-Income Guidelines provided by the Rhode Island Department of Human Services.

To learn more, visit https://drive.ri.gov/ev-programs/drive-ev/

To learn more, visit https://treehouse.pro/edmundsdiscount/