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US State Illinois Offering $4,000 Incentive For Electric Vehicle Switch

The state of Illinois in the United States has announced they will be offering a $4,000 incentive to help to reach their electric car goals. A target of 1 million electric cars on the road by 2030 has been set, alongside hopes that over 50% of cars sold will be electric.  

They hope the move will help encourage the switch from petrol and diesel vehicles to electric. If the monetary incentive is combined with federal tax credits, this can lower the price of an electric vehicle by up to $10,000, according to Yale Climate Connections.

The state also wants to expand on its EV charging infrastructure, using rebates and grants to cover up to 80% of the cost of installing new charging stations.  

Other plans to transform the EV charging structure in the United States were also announced earlier in the year. The US announced their $5 billion dollar plan to install 500,000 EV chargers across the country, which should help to encourage people to make the switch over to an electric vehicle.

However, the United States is not the only country to be expanding upon the electric vehicle charging network, UK-based oil and gas company Shell has also announced that they plan to install 50,000 electric vehicle chargers across the country by 2025.

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