Requires certain disclosures regarding lithium ion powered electric vehicles.

This bill requires businesses selling lithium-ion electric vehicles in New Jersey to provide prospective buyers with a standardized disclosure statement. The statement must explain that lithium mining impacts ecosystems, lithium reserves are increasingly scarce, and identify the specific lithium source used in the vehicle's battery. Sellers must obtain a signed receipt from each buyer acknowledging receipt of this disclosure, with violations carrying civil penalties of $150 for first offenses and $300 for repeat violations. The bill is currently pending in the Assembly Consumer Affairs Committee, with implementation delayed until at least one year after enactment.