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California offering $3,500 EV rebates to first-time buyers
The $270 million program is matched dollar for dollar by automakers and is aimed at offsetting lost federal EV incentives.
- On Monday, California Governor Gavin Newsom signed legislation creating the "MyFirstEV" program, providing $3,500 instant rebates at dealerships for first-time electric vehicle buyers starting later this summer.
- President Donald Trump signed legislation last year repealing the $7,500 federal EV tax credit, causing U.S. sales to decline at least 20% in the first half of 2026 and prompting California's state-level response.
- Backed by $135.5 million in state funding matched dollar-for-dollar by participating automakers, the program creates a $270 million pool, plus a separate $1,750 rebate for used electric vehicles costing under $25,000.
- A California-headquarters rule grants Rivian and Lucid full $3,500 eligibility regardless of price, while Tesla vehicles qualify only if priced under the $50,000 MSRP cap applied to other manufacturers.
- The California Air Resources Board expects to reveal participating automakers next month, as the rebate program forms part of a broader $600 million zero-emission vehicle budget package for 2026-27.
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Tesla makes the cut on California’s newest EV Rebate program
California Governor Gavin Newsom signed SB 168 into law on Monday, July 13, 2026, creating a $270 million EV rebate program that delivers money directly at the dealership rather than as a tax credit applied months later. The program, called MyFirstEV, is funded equally by California’s state budget and participating automakers, with each contributing $135.5 million to make the math work. The timing is directly tied to the loss of federal support …
(Seoul = Yonhap News) Reporter Seol Won-tae = California, led by Governor Gavin Newsom, considered a leading contender for the next U.S. Democratic presidential nomination, will begin offering first-time... starting late this summer
·Seoul, Korea (the Republic of)
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Coverage Details
Total News Sources28
Leaning Left9Leaning Right3Center7Last UpdatedBias Distribution47% Left
Bias Distribution
- 47% of the sources lean Left
47% Left
L 47%
C 37%
R 16%
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