Rebates for buying an electric vehicle will be suspended in Oregon. Learn more here.

By The Associated Press

Oregon will temporarily suspend rebates for buying or leasing an electric vehicle for a year starting in May.

SALEM, Ore. — Oregon will temporarily suspend rebates for buying or leasing an electric vehicle for a year starting in May because too many people are applying and the program is running out of money, The Oregonian/OregonLive reported Thursday.

A growing number of Oregonians are buying or leasing electric vehicles, with over 60,600 registered in the state.

The Oregon Department of Environmental Quality announced Wednesday…