US EditionCalifornia’s Instant Electric Vehicle Rebates Would Require Automakers to Match State Funds
California's $200 million EV rebate requires automakers to match funds, covering only about 20% of 2025 EV sales and targeting first-time buyers to boost adoption.
- California plans to introduce a $200 million incentive package for first-time electric vehicle buyers, requiring automakers to match the state's contributions on a one-to-one basis.
- The incentives would apply to new EVs under $55,000, SUVs/trucks under $80,000, and used EVs under $25,000, as specified by the federal 2022 Inflation Reduction Act.
- While at the World Economic Forum, Governor Newsom said, 'California is ensuring American workers and manufacturers can compete and win in the industries that will define this century.
34 Articles
34 Articles
California proposal would require automakers to match EV rebate funds
Californians could get instant rebates on electric vehicle purchases under Gov. Gavin Newsom’s $200 million plan, which would require automakers to match state incentives dollar-for-dollar. The plan, which the Legislature must still approve, lays out for the first time how the governor plans to steer a California-specific rebate program to bolster a slowing electric car market after the Trump administration cancelled federal incentives last year…
San Gabriel Valley Tribune
California’s instant EV rebates would require automakers to match state funds
New budget language lays out how Gov. Gavin Newsom plans to structure a $200 million electric vehicle rebate program, including price caps, automaker matching funds and a focus on first-time buyers.
Associated Press News
California’s instant electric vehicle rebates would require automakers to match state funds
Californians could get instant rebates on electric vehicle purchases under Gov. Gavin Newsom’s $200 million plan, which would require automakers to match state incentives dollar-for-dollar.
East Bay Times
Here’s a peek at Gov. Newsom’s new EV incentives package for Californians
Gov. Gavin Newsom’s office unveiled details about reviving California’s rebate program for zero-emission vehicles. It includes providing a dollar-to-dollar match between the state and automakers, plus extending the plan to include used vehicles. The proposed incentives, however, would be restricted to first-time buyers. Related Articles As Tesla reports smallest profit since pandemic, company plans to shift Fremont factory to prod…
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