Published

California to Reduce EV/Hybrid Incentives

California will drop or cut state incentives for electrified vehicles on Dec. 3 and shift remaining funding from luxury models to less expensive vehicles.
#regulations #hybrid

Share

California will drop or cut state incentives for electrified vehicles on Dec. 3 and shift the focus of remaining funds from luxury models to less expensive vehicles.

California Clean Vehicle Rebate

Under the program, hybrids and all-electrics that retail for $60,000 or more—such as the Audi e-tron, Jaguar I-Pace (pictured), Karma Revero and Tesla Model S and Model X—will no longer qualify for the state’s $2,500 clean-vehicle rebate. The change doesn’t apply to luxury fuel cell-powered EVs, which will continue to qualify for $4,500 reductions.

Incentives for less expensive EVs will be cut from $2,500 to $2,000, while the rebate for plug-in hybrids will be trimmed one-third to $1,000. Plug-in hybrids must have an all-electric driving range of at least 35 miles to be eligible.

Low- and moderate-income buyers can qualify for higher incentives depending on household size and income. The majority of the more than 350,000 rebates California has issued since 2011 have gone toward luxury electrics costing $60,000 or more.

Individual buyers and businesses will now be limited to one clean vehicle rebate per lifetime rather than the two that were previously allowed. California accounts for about half of all EV sales in the U.S.

RELATED CONTENT

  • Feds Probe Another Tesla Crash Involving Autopilot Feature

    Federal investigators are looking into another crash involving a Tesla Model S electric sedan that was operating in semi-autonomous mode.

  • Porsche Racing to the Future

    Porsche is part of VW Group and it is one of the companies that is involved in putting vehicles on the U.S. market with diesel engines in violation of EPA emissions regulations, specifically model year 2013–2016 Porsche Cayenne Diesel 3.0-liter V6 models.

  • Toyota Targets 2021 Launch for V2V Tech in U.S.

    Toyota Motor Corp. plans to expand its vehicle-to-vehicle communication technology to the U.S. by 2021 and offer it across most Toyota and Lexus models in the country by mid-decade.

Gardner Business Media - Strategic Business Solutions