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Myfirstev

All articles tagged with #myfirstev

California Unveils $3,500 Instant EV Rebate for First-Time Buyers
technology2 hours ago

California Unveils $3,500 Instant EV Rebate for First-Time Buyers

California rolled out a $3,500 instant rebate for first-time electric-vehicle buyers through the MyFirstEV program, with about $135.5 million funding available to cover roughly 73,000 zero-emission vehicles. The program applies to 2026+ BEVs and hydrogen fuel cell EVs under $50,000, and extends to used EVs (up to $1,750 for under $25,000), while 15 automakers including Tesla and Hyundai will match the government investment dollar-for-dollar. Low-income residents may access larger incentives via Clean Cars 4 All, and the move comes amid federal tax-credit changes and ongoing California clean-energy goals.

California’s MyFirstEV: Instant $3,500 rebates boost Rivian and Lucid, sidelining Tesla
business26 days ago

California’s MyFirstEV: Instant $3,500 rebates boost Rivian and Lucid, sidelining Tesla

California’s SB 168 creates the MyFirstEV program, offering a $3,500 instant dealer discount for first-time EV buyers starting later this summer, backed by $135.5 million in state funds that are matched by automakers for roughly $270 million in total at the point of sale. The program uses a $50,000 price cap, but waives it for California-headquartered EV makers, effectively benefiting Rivian and Lucid; Tesla is only eligible for its sub-$50k configurations since it no longer has California HQ. This instant rebate is part of a broader $600 million zero-emission vehicle package, with CARB still finalizing details and the program launching soon to boost EV adoption after the federal tax credit ended.