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Cleaner, Better, More Affordable
Electric vehicles reduce emissions and save you money on maintenance. With flexible charging options and plenty of range, daily driving is more convenient (and efficient) than ever.
Drive more, spend less
Skip the pump and save with every mile. We¿ll help you go further with rebates up to $500 and a low overnight charging rate that makes powering your ride cheaper than gas.
Pay less to power up
Electricity costs about one-third the price of gas, it's cheaper to "fill" up an EV than a gas car. More miles, fewer dollars, every time you plug in.
Charge on your time
Power up at home, at night, or whenever it¿s convenient. Just plug in, relax, and wake up fully charged. When you charge at home, your vehicle is always ready to go when you are.
Move with confidence
Electric vehicles are engineered for safety, earning top NHTSA ratings and equipped with advanced systems that protect what matters most¿you.
Breathe easy
Every electric mile is a cleaner one. With zero tailpipe emissions, your EV helps keep New Mexico¿s skies clear and its air fresh for you and for future generations.
Enjoy efficiency
EVs convert roughly 80¿90% of the energy they use into motion, while gas-powered vehicles typically convert less than 30%, with most energy lost as heat. With an EV, you get more distance from every unit of energy.
Feel free to go farther
Most people travel around 35 miles a day. Today¿s electric vehicles deliver a median range of 200+ miles, enough for commuting, errands, and weekend adventures with plenty of charge to spare.
Protect the planet
Electric vehicles produce fewer emissions, help preserve air and water quality, and run quietly for a cleaner, calmer environment. Every electric mile moves New Mexico toward a healthier future.
The Three Kinds of EVs on the Road Today
Battery Electric Vehicles (BEVs)
Fully electric and zero-emission, BEVs run entirely on battery power¿no gas, no tailpipe, no pollution.
Plug-in Hybrid Electric Vehicles (PHEVs)
These flexible hybrids can run on electricity or gasoline, giving you the best of both worlds. In electric mode, they produce no emissions; in gas mode, they extend your range.
Shopping Electric: Your Guide To Buying (or Leasing) an EV
Before you buy or lease
Start with savings. Use our Rebate & Incentive Finder to explore federal, state, and local incentives you may qualify for.
Think about installation of a charger at your home or find nearby public stations. If you plan on installing a charger, use a PNM Program Authorized Contractor¿they¿ll complete the application, provide your rebate, and make installation simple.
When you¿re ready to buy or lease
See if you qualify for thea PNM EV Instant Rebate and get up to $3,500 off your new EV or plug-in hybrid. Choose from our list of qualifying vehicles, then visit a participating dealership to receive your rebate instantly at the time of purchase or lease.
After you buy or lease
Return to the Rebate & Incentive Finder to apply for any additional post-purchase incentives.
Powering Up: How Home Charging Works
Once your Level 2 charger is installed, charging your EV is as easy as plugging it in. These chargers use a dedicated 240-volt circuit (like a clothes dryer outlet) to deliver fast, reliable power right from your home.
We also offer a Whole Home EV Rate, giving enrolled Rate 1A customers a super low electricity rate for their entire home between 10:00 p.m. and 5:00 a.m., when electricity costs about 3¢ per kWh.
Discover Helpful Tools and Information
Choosing an electric car or truck is an exciting step. Doing your research helps you make the choice that fits your life best. These trusted resources can guide you along the way, from understanding technology to finding incentives and charging options.
EV Videos: See the Power of Driving Electric
Watch short videos from PNM that break down the benefits, safety, and real costs of owning an electric vehicle, so you can feel confident making the switch.
EVs are Normal Now
The Normal Now campaign helps more Americans see that zero-emission vehicles are practical, accessible, and ready for everyday life.
EPRI Consumer Guide to Electric Vehicles
This guide explores plug-in electric vehicles¿how they work, how they charge, and what to consider when making the switch to electric.
EPRI Consumer Guide to EV Charging
This guide answers common questions about how, where, and when to charge your electric vehicle, so you can plug in with confidence.
DoE EV Benefits and Considerations
The U.S. Department of Energy outlines the key benefits and practical factors to consider when owning an electric vehicle, from cost savings and performance to charging and maintenance.
Consumer Reports EV Ownership Cost Analysis
A Consumer Reports analysis found that electric vehicles cost less to own over time¿thanks to savings on fuel, maintenance, and repairs, plus strong resale value.
Qualified Product List
Find EV chargers and that qualify for PNM rebates. Make sure your charger is on the approved list before you buy it.
Policies & Procedures Handbook
Review the official guidelines, eligibility details, and steps for participating in PNM¿s EV rebate programs.
Already Driving Electric? Let¿s Stay Connected.
Join the PNM EV Community to get the latest on rebates, upcoming programs, and exclusive savings for EV owners.
