NJ A1527

Requires the Division of Consumer Affairs to develop a disclosure statement for electric vehicle purchasers about lithium ion batteries, including information on ecosystem impacts of lithium extraction, scarcity of lithium reserves, and the source of lithium in the specific vehicle battery

Mandates all businesses selling lithium ion battery-powered vehicles in New Jersey to present the disclosure statement to purchasers and obtain a signed affirmation of receipt

Imposes civil penalties of $150 for first violations and $300 for subsequent violations on businesses that fail to comply with disclosure requirements

Takes effect on the first day of the thirteenth month following enactment, allowing approximately one year for implementation