30 Aug '17, 1pm

California Looking at Massive EV Incentive…

California Looking at Massive EV Incentive…

The government of California is looking at giving electrified cars a $3 billion financial boost including an attractive cash-on-the-hood incentive for plug-in car buyers. California has long had problems with air pollution and is home to seven of the 10 U.S. cities with the most severe air pollution. It’s why the state has long been on the leading edge of first emissions controls, and then later electric vehicles. Since 2010, the state has spent nearly half a billion dollars on consumer rebates, but of a vehicle fleet numbering 26 million, only around 315,000 are electric or plug-in hybrids. So the government is looking at better incentives to bring the price of entry for electric cars down. Way down. The plan is to establish a declining rebate program that will bring the price of a compact EV down to the same effective price as a common compact car. If the program hits sa...

Full article: http://www.hybridcars.com/california-looking-at-massive-e...

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