If you live in California and were thinking about buying an electric vehicle for the first time, but, were put off by the pricing and the removal of certain federal EV credits by the Trump administration, then has California got a deal for you!
Photo Credit: MyFirstEV/CARB
This month, Governor Gavin Newsom announced that three automakers are now offering instant rebates through California's MyFirstEV program. As a result, buyers can walk into any Hyundai, Lucid, or Tesla dealer and buy or lease their first zero-emission vehicle (ZEV) and grab a discount of $3,500 on a new model or $1,750 on a used one.
Half of the rebate will be provided by California and the other half by the vehicle manufacturer. Additionally, manufacturers headquartered in California who only make ZEVs, e.g., Lucid, are exempt from the price caps.
Ford, Rivian, Chevrolet, and Kia are planning to also join this program later this month, with Toyota/Lexus, Honda, Subaru, and Mitsubishi later this year. Additionally, Nissan and Volvo are still determining when they will join the program.
For more information and details in the program, check this link: California launches MyFirstEV instant rebate program for first-time buyers
