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Newsom Unveils $3,500 New, $1,750 Used EV Credits

8/10/2026

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Summary

Story summary

Governor Gavin Newsom announced a $3,500 credit for new EVs and a $1,750 credit for used EVs.
The credits apply to new EVs under $50,000 and used EVs under $25,000.
Eligible makers now include Hyundai, Tesla and Lucid, with Ford, Rivian, Chevrolet and Kia joining this fall.
California allocated just over $135 million for the incentive, which CARB Chair Lauren Sanchez said will lower fuel and maintenance costs for families.

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Story summary

Governor Gavin Newsom announced a $3,500 credit for new EVs and a $1,750 credit for used EVs.
The credits apply to new EVs under $50,000 and used EVs under $25,000.
Eligible makers now include Hyundai, Tesla and Lucid, with Ford, Rivian, Chevrolet and Kia joining this fall.
California allocated just over $135 million for the incentive, which CARB Chair Lauren Sanchez said will lower fuel and maintenance costs for families.