California launches $3,500 instant EV rebate to replace federal tax credit

1 min read
Source: USA Today
California launches $3,500 instant EV rebate to replace federal tax credit
Photo: USA Today
TL;DR Summary

California will offer a $3,500 instant rebate for new electric vehicles, funded by a $135 million state fund (matched by automaker grants) and part of a budget deal, to fill the gap after the federal $7,500 credit ended; the program will also include rebates for used EVs and is expected to be limited to California residents as the state maintains leadership in EV adoption.

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