Story perspectives

California Approves $135M EV Rebates for New, Used Cars

7/1/2026

Summary

Story summary

Governor Gavin Newsom and the Legislature approved $135 million for an EV point-of-sale incentive program.
The $135.5 million contribution is matched by automakers, providing $3,500 rebates on new EVs and $1,750 on used EVs to first-time buyers of vehicles under $50,000 or $25,000 used and under 8,500 lb.
The California Air Resources Board will run the program, exempt California-based makers from price caps, and allocate $135 million for heavy trucks and buses through 2031.

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Story summary

Governor Gavin Newsom and the Legislature approved $135 million for an EV point-of-sale incentive program.
The $135.5 million contribution is matched by automakers, providing $3,500 rebates on new EVs and $1,750 on used EVs to first-time buyers of vehicles under $50,000 or $25,000 used and under 8,500 lb.
The California Air Resources Board will run the program, exempt California-based makers from price caps, and allocate $135 million for heavy trucks and buses through 2031.