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California’s EV cashback programs are running out of money


Image for article titled California's EV Deals Closed

Screenshots: Cleanvehiclerebate.org

California wants people to buy EVs in installments, to further build on its green pro-environment reputation. But like nearly all new vehicles, their price not cheaper at all and thousands of people still stop buying them because they can’t afford them. While there are discounts available at the state, county, and sometimes local levels, many of these programs aren’t helpful because people can’t use them. Like Ventura County Star Reportedly, many electric vehicle discounts in California are shutting down or running out of money.

There must be hundreds, if not thousands, of EV discounts available to residents in California state. They can be found at every level from the state to local cities and districts. However, not all are equal. Many have an income-eligible component that a potential buyer must qualify for. Others have no requirements at all. But they are all facing problems.

April is the deadline for many statewide discounts to close if they don’t receive funding, a lot is now gone. Others have waiting lists so long that people can no longer be included waiting list. And if some of the people on the waitlist are approved, they will face monthly waiting times to receive the check. Because people who do receive a discount, often too late the price of the car has increased enough for the buyer lose any cost savings discount provided.

Now what is happening is a ripple effect. Buyers whose ICE vehicles generate emissions will be taken off the road, currently does not buy electric vehicles, and it is resetting the state’s electric vehicle goals. “We were on this show and it didn’t help as it should” speak a Bay Area resident hoping to buy a Mustang Mach-E. But the Ford EV is now unable to pay that resident, for lack of discounts and rebates. “It’s useless at this point because there’s nothing out there and the cars you find, everything goes up in price.”

What’s worse are low-income buyers many of these programs are supposed to help, are being abandoned. Higher earners who can afford to go out and buy an electric car, get a discount up front and use it up, leaving low-income buyers (low income for car discounts). the state is considered a income level less than 225 percent of federal poverty levels) in addition to the cold.

Interestingly, California is the only state having this problem. There are at least seven other states offers comparable, various EV discounts, and not yet none of them are having funding problems. New York, for example, extra 12 million dollars in funding the January consumer EV rebate. True, California’s problem may have to do with the fact that there are too many people here. In 2021 alone, more than 663,000 EVs (electrical battery) sold in California.

EV price drop issue, lack of proper charging infrastructurelow inventory and high prices, all of which are combining to create an EV transition that is not as popular or welcome as it once was.



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