Californians in the market for zero-emissions or electric vehicles are eligible for rebates of up to $2,500 toward their purchase, thanks to S40 million in funding recently approved by the California Environmental Protection Agency’s Air Resources Board.
The money will be divided three ways:
- $15 million to $21 million going toward rebates of up to $2,500 toward the purchase of zero-emissions or plug-in passenger vehicles.
- $11 to $16 million toward vouchers for California businesses to by fuel efficient and zero-emissions trucks and buses.
- $2 to $3 million towards truck, train and bus technology that meets California’s long-term air quality goals.
This is the third year the Air Resources Board has provided funding to promote the purchase of next-generation clean cars and trucks. A total of $58 million in the last two years put 2,000 zero-emission passenger vehicles on the road and more than 1,000 hybrid zero-emissions trucks and buses, according to Air Resource Board statistics.
Consumers wanting to cash in on the rebates must first apply and be placed on a waiting list. The rebates are handed then out on a first-come, first-serve basis.