Any Virgin islands resident, small business owner, or non-profit organization can apply for this first come, first serve, rebate on an electric vehicle purchased on or after April 1st, 2023. Only battery electric, or fuel cell, zero emission vehicles are eligible for the rebate. New electric vehicles purchased outside of the territory and shipped into the USVI are subject to the rebate, so long as they cost no more than $65,000, and have a minimum battery capacity of 20 KWh. Used electric vehicles with a clean title are eligible for the rebate so long as they cost no more than $40,000, have 20,000 miles or less, and are not older than four model years. For instance, in 2024, used EV purchases including model years 2020 to 2024 will be acceptable.
If you are interested in acquiring an E-Bike, you must purchase it from a vendor registered with VIEO in order to receive the $500 rebate. Currently, Island Life Adventures, located at the Leatherback Brewery, is VIEO’s only qualified E-Bike vendor.
Your purchase of an EV or E-Bike that qualifies for E-EM may mean that you are also able to take advantage of tax credits offered by the Internal Revenue Service aimed at increasing the number of these type of vehicles on American roadways. To see if you qualify please check out [Clean vehicle tax credits | Internal Revenue Service (irs.gov) ] for more information.
# 8000 Nisky Center 2nd Floor Ste 208
Charlotte Amalie, VI 00802
Phone: (340) 714-VIEO (8436)
Fax: (340) 776-1914
#2 Estate Carlton | Suite 3
Frederiksted, USVI 00840
Phone: (340) 713-VIEO (8436)
Fax: (340) 772-0063