30 Jun '17, 4am

California Considering Up To $3 Billion In Rebates For Electric Cars

California is looking at a bill that could make available up to $3 billion in rebates for purchasing electrified cars in the state. The bill, AB 1184, passed in the assembly and heading for the state senate next week doesn’t specify set amounts for incentives, but does emphasize providing more of the funds to low-income consumers living in disadvantaged communities. It would eliminate a current practice in the state’s clean vehicle rebates for consumers who have to file tax rebates with the state. It would also address complaints that rebates have been giving an unfair advantage to wealthy buyers applying the rebate to pricey cars like the Tesla Model S and Model X. The state legislative website indicates the program would be set up around declining rebates with an initial rebate going to purchasers of a compact electric car. It would be structured to bring down the net pu...

Full article: http://www.hybridcars.com/california-considering-up-to-3-...

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