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Changes to the California Clean Vehicle Rebate Project - electric-car rebates jump for lower-income buyers and vanish for more high earners.

New guidelines, effective Nov. 1

No rebates for:

Single tax filers with gross income exceeding $150,000 a year

Head-of-household filers with*gross income exceeding $204,000

Joint filers with gross income exceeding $300,000

Note: Income caps do not apply to buyers of hydrogen fuel-cell vehicles

Rebates for lower-income buyers:

$4,500 for battery-electric vehicles

$3,500 for plug-in hybrid electric vehicles

$7,000 for hydrogen fuel-cell vehicles

Note: To qualify as a lower-income buyer, gross annual income limit for an individual is $35,640; for a household of four, $72,900


Polk, an auto industry market data firm, recently released statistics measuring the registrations for electric vehicles in California from January through August of this year. The share of buyers with income below $40,000 a year was 3.3%, while the share with income of $150,000 or more was 54.3%.

California's electric-car rebates jump for lower-income buyers and vanish for more high earners - LA Times


Bill Text - SB-1275 Vehicle retirement and replacement: Charge Ahead California Initiative.
 
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