How to make the most of the $270 million program replacing federal EV tax credits in California.
On Friday, California launched its much-awaited EV rebate program, which offers a $3500 instant rebate to residents who buy or lease a zero-emission vehicle — including electric and hydrogen fuel cell-powered vehicles. The program, announced in July, followed the end of a federal EV tax credit that previously allowed American consumers to claim $7,500 and $4,000 in tax credits for new and used EVs, respectively.
Amidst the fanfare of the program's launch, CalMatters released a practical how-to guide to accessing the rebate, including who qualifies, how to apply, what kinds of vehicles qualify, and even how low-income buyers can access additional rebates.
"The program has secured $270 million in funding — half of that from the state budget and the other from participating EV automakers," writes CalMatters. Find out how to access it in the article below.
Read the full story: How does California’s new $3,500 EV rebate work?
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