Nearly 65% of all California EV owners have received a CVRP incentive. The project has issued more than $926 million to state residents for more than 405,750 new EVs.
The demand for electric vehicles has the California Air Resources Board saying today that rebate funds for the statewide Clean Vehicle Rebate Project (CVRP) will be exhausted within 30 days. California residents get up to $7,000 for the purchase or lease of a new, eligible zero-emission or plug-in hybrid light-duty vehicle. A wait-list will be established for application. Wait listed will receive a rebate contingent on funding appropriated through the legislative budget process. CARB also notes that there are additional opportunities throughout the state that consumers can take advantage of, including the Clean Fuel Reward, the Clean Air Vehicle Decal, and various local incentives offered by air districts and local governments.
“Existing funding for both standard and increased rebates is projected to be fully reserved in the coming weeks,” CARB said. Clearly CARB is trying to preempt or shape a potential political debate about EV subsidies are yet another example of how the system is rigged for the rich – the wealthier they are, the more taxpayer subsidies – aka socialism for the rich – accrue.
Click to Enlarge.
Electric vehicles (EVs) account for nearly 8% of all light-duty vehicles sold in California. More than145,000 EVs were sold during 2020, with a majority taking place in the latter half of the year. Through Q1 2021, CVRP rebate applications have already exceeded levels seen in early 2020, with “substantially higher participation” by low- and moderate-income consumers. This growing interest has led to a quicker draw on available funds through CVRP than anticipated.
“Almost two-thirds of current EV owners have taken advantage of this program, and it’s a key driver of the EV market,” CARB Executive Officer Richard W. Corey said. “More importantly, the demand for EVs, particularly by lower income consumers, continues to grow, clearly demonstrating that there is a broad range of models of EVs available today to meet all consumer needs.”
Created in 2010, CVRP has played dominant role in supporting the deployment of EVs in California, which leads the nation in EV adoption. Nearly 65% of all California EV owners have received a CVRP incentive. The project has issued more than $926 million to state residents for more than 405,750 new EVs.
Since 2016, when the project instituted caps for higher-income applicants and created increased rebates for lower income-qualified consumers, 34% of rebate funding, or $182.9 million, has gone to lower-income applicants and those living in disadvantaged communities. The percentage grew to 38% last year.
As the end of current funding nears, information about CVRP’s wait list will be posted on the CVRP website. Additionally, a public work group meeting will be held from 9 a.m. to 10 a.m. this Friday, 16 April 2021, to discuss next steps.
More Subsidies for EV Buyers
- The California Clean Fuel Reward program offers all EV purchasers up to $1,500 off the vehicle cost at the point of sale.
- CARB offers additional EV purchase incentive programs for lower-income consumers including Clean Cars 4 All, which offers up to $9,500 for scrapping an older car and replacing it with an E,
- and the Clean Vehicle Assistance Program, which offers grants of up to $5,000 to pay for a hybrid electric vehicle or plug-in EV and access to affordable financing.
- Clean Cars 4 All is available only in participating air districts, which include the South Coast Air Quality Management District, San Joaquin Valley Air Pollution Control District, Bay Area Air Quality Management District, and Sacramento Metropolitan Air Quality Management District. Air districts are expected to exhaust their existing Clean Cars 4 All funding by July 2021.
California Clean Fuel Reward Recent Changes
April 6, 2021
Rebate Now was previously offered exclusively to San Diego County residents and will now be offered only to low and moderate-income residents of San Diego County and the counties that make up the San Joaquin Valley.
Vehicle Eligibility – AER requirement for eligible Light-Duty Plug-in Hybrid Electric Vehicles (PHEVs) will be increased to 30 miles EPA (45 miles UDDS). All applications received on or after April 6, 2021 will only be eligible for a rebate if the vehicle is on the updated eligible vehicle list at the time of application. The following vehicles are No Longer Eligible:
- Ford Fusion Energi
• Hyundai Sonata Plug-in Hybrid
• Hyundai Ioniq PHEV
• Kia Niro Plug-in Hybrid
• Kia Optima Plug-in Hybrid
• Mitsubishi Outlander PHEV
• Toyota Prius Prime
January 27, 2021
Income Eligibility for increased rebate
With the exception of Zero Emission Motorcycles, rebate amounts are increased by $2,500 per rebate for consumers with household incomes less than or equal to 400% of the federal poverty level (FPL). Prior to the January 27, 2021 update, this threshold is 300% of the FPL.
Vehicle Eligibility
Effective April 6, 2021, the AER requirement for eligible vehicles will be increased to 30 miles EPA (45 miles UDDS). All applications received on or after April 6, 2021 will only be eligible for a rebate if the vehicle is on the updated eligible vehicle list at the time of application.
California EV Rebate Demand Exceeds Funding
Nearly 65% of all California EV owners have received a CVRP incentive. The project has issued more than $926 million to state residents for more than 405,750 new EVs.
The demand for electric vehicles has the California Air Resources Board saying today that rebate funds for the statewide Clean Vehicle Rebate Project (CVRP) will be exhausted within 30 days. California residents get up to $7,000 for the purchase or lease of a new, eligible zero-emission or plug-in hybrid light-duty vehicle. A wait-list will be established for application. Wait listed will receive a rebate contingent on funding appropriated through the legislative budget process. CARB also notes that there are additional opportunities throughout the state that consumers can take advantage of, including the Clean Fuel Reward, the Clean Air Vehicle Decal, and various local incentives offered by air districts and local governments.
“Existing funding for both standard and increased rebates is projected to be fully reserved in the coming weeks,” CARB said. Clearly CARB is trying to preempt or shape a potential political debate about EV subsidies are yet another example of how the system is rigged for the rich – the wealthier they are, the more taxpayer subsidies – aka socialism for the rich – accrue.
Click to Enlarge.
Electric vehicles (EVs) account for nearly 8% of all light-duty vehicles sold in California. More than145,000 EVs were sold during 2020, with a majority taking place in the latter half of the year. Through Q1 2021, CVRP rebate applications have already exceeded levels seen in early 2020, with “substantially higher participation” by low- and moderate-income consumers. This growing interest has led to a quicker draw on available funds through CVRP than anticipated.
“Almost two-thirds of current EV owners have taken advantage of this program, and it’s a key driver of the EV market,” CARB Executive Officer Richard W. Corey said. “More importantly, the demand for EVs, particularly by lower income consumers, continues to grow, clearly demonstrating that there is a broad range of models of EVs available today to meet all consumer needs.”
Created in 2010, CVRP has played dominant role in supporting the deployment of EVs in California, which leads the nation in EV adoption. Nearly 65% of all California EV owners have received a CVRP incentive. The project has issued more than $926 million to state residents for more than 405,750 new EVs.
Since 2016, when the project instituted caps for higher-income applicants and created increased rebates for lower income-qualified consumers, 34% of rebate funding, or $182.9 million, has gone to lower-income applicants and those living in disadvantaged communities. The percentage grew to 38% last year.
As the end of current funding nears, information about CVRP’s wait list will be posted on the CVRP website. Additionally, a public work group meeting will be held from 9 a.m. to 10 a.m. this Friday, 16 April 2021, to discuss next steps.
More Subsidies for EV Buyers
California Clean Fuel Reward Recent Changes
April 6, 2021
Rebate Now was previously offered exclusively to San Diego County residents and will now be offered only to low and moderate-income residents of San Diego County and the counties that make up the San Joaquin Valley.
Vehicle Eligibility – AER requirement for eligible Light-Duty Plug-in Hybrid Electric Vehicles (PHEVs) will be increased to 30 miles EPA (45 miles UDDS). All applications received on or after April 6, 2021 will only be eligible for a rebate if the vehicle is on the updated eligible vehicle list at the time of application. The following vehicles are No Longer Eligible:
• Hyundai Sonata Plug-in Hybrid
• Hyundai Ioniq PHEV
• Kia Niro Plug-in Hybrid
• Kia Optima Plug-in Hybrid
• Mitsubishi Outlander PHEV
• Toyota Prius Prime
January 27, 2021
Income Eligibility for increased rebate
With the exception of Zero Emission Motorcycles, rebate amounts are increased by $2,500 per rebate for consumers with household incomes less than or equal to 400% of the federal poverty level (FPL). Prior to the January 27, 2021 update, this threshold is 300% of the FPL.
Vehicle Eligibility
Effective April 6, 2021, the AER requirement for eligible vehicles will be increased to 30 miles EPA (45 miles UDDS). All applications received on or after April 6, 2021 will only be eligible for a rebate if the vehicle is on the updated eligible vehicle list at the time of application.