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CA considering $10k rebate on EV's

1906 Views 13 Replies 11 Participants Last post by  linkim
The essence of the plan: lift California rebates from $2,500 to $10,000 or more for a compact electric car, making, for example, a Chevrolet Bolt EV electric car cost the same as a gasoline-driven Honda Civic. Already approved by several Senate and Assembly committees, the bill will go to Gov. Jerry Brown for his approval or veto if the full Legislature approves it by the end of its current session on Sept. 15.

http://www.latimes.com/business/la-fi-hy-electric-vehicle-subsidies-20170828-htmlstory.html

Wow, if that passes, it would beat the CO $6k rebate by a wide margin. Of course, this just a proposal, don't get too excited yet.
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I gut tells me this is more of bone to Tesla than GM or other manufactures. But a rebate is a rebate.
Yeah, that would be huge for Tesla since their Federal rebate will run out soon and they are planning to have production volume much higher than other EV brands, so would take advantage of far more of these credits. Since Tesla manufactures inside of California, it makes sense that a plan like this would have a chance to pass there. I wonder what kind of strings Elon pulled to get this into consideration. But dang, $10K per car would be an expensive program that non EV voters will choke on.
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