22 Jul '11, 11am

California electric car rebates return: California’s electric vehicle rebate programme is to return after the US...

California ’s electric vehicle rebate programme is to return after the US state approved more funding . Between $17 million and $21 million will be available to fund tax rebates for buyers of zero-emission or plug-in hybrid cars. The original Clean Vehicle Rebate Project ran out of cash last month, as applications flooded in. In an attempt to make the funding stretch, The Air Resources Board of the California Environmental Protection Agency expanded the budget and reduced the value of individual rebates from a maximum of $5,000 to $2,500. “This money is going to put thousands of ultra-clean vehicles on our roads within the year,” said ARB Chairman Mary D. Nichols . “That means better air quality sooner, and real progress in making a dent in our dependence on petroleum.” Launched in March 2010, vehicle rebates were offered on a first-come, first-served basis for electrified...

Full article: http://www.thegreencarwebsite.co.uk/blog/index.php/2011/0...

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