Thirteen automakers are participating in California's EV incentive program.
The program provides a $3,500 instant rebate on qualifying new EVs and a $1,750 rebate on qualifying used EVs.
Eligible new cars must cost under $50,000, while used EVs must cost under $25,000 to receive the discount. Unless they're Rivians or Lucids.
California is launching a revamped EV rebate program. After the feds axed their tax credit program last fall, Governor Gavin Newsom said the state would step up to provide a replacement incentive. It won't be quite as generous as the federal incentive and—as we learned today from a press release from the governor's office—it won't apply to all brands.
For background, California plans to offer EV buyers up to $3,500 in instant rebates toward the purchase of a new electric vehicle and up to $1,750 toward the purchase of a used one. These credits are applied automatically at the point of sale, and are available for new vehicles with a price below $50,000 and used vehicles priced at under $25,000. California's home-grown automakers, Lucid and Rivian, are excluded from the price cap.
