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California creates $3,500 rebate for new electric vehicle buyers

Tech 1 source 1 country 🔦 Under-reported 27m ago

# California Creates $3,500 EV Rebate for New Vehicle Buyers

California has created a $3,500 rebate program for new electric vehicle buyers. This state-level incentive comes in response to changing federal policy regarding electric vehicle incentives.

The rebate was established following the elimination of the federal IRS clean vehicle tax credit, which had previously been available to EV buyers. This federal credit's removal in September led to a decline in electric vehicle adoption across the United States, according to available reports.

The California rebate represents a state effort to support continued electric vehicle purchases and adoption within the state, offsetting the loss of federal incentive support that had previously encouraged consumers to transition to electric vehicles.

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Read the full story at the source Ars Technica · US