California is taking a significant step towards making electric vehicles (EVs) more accessible to first-time buyers. In a bid to boost adoption and reduce greenhouse gas emissions, the state has introduced an incentive program aimed at making EVs more affordable for residents. Under the new initiative, eligible buyers will be able to claim a rebate of up to $5,000 towards the purchase of a new electric vehicle, with a maximum income limit of $150,000 for individuals and $300,000 for households. The move is expected to help bridge the price gap between EVs and their gasoline-powered counterparts, making it easier for first-time buyers to switch to an electric vehicle.
California incentive aims to make electric vehicles more affordable to first-time electric vehicle buyers cbs8.com
