California rolls out new Driving Clean Assistance Program offering incentives for electric vehicle purchases

Chosen applicants will have access to up to $14,000 in incentives toward the purchase of a new or used EV or hybrid with larger cost incentives given to those that trade in their older vehicles for scrap.

429
SOURCENationofChange
Image Credit: Justin Sullivan/Getty Images

In an effort to help more people afford electric vehicles, the California Air Resources Board is rolling out a new Driving Clean Assistance Program to eligible applicants to receive incentives for electric vehicle purchases and charging access. Chosen applicants will have access to up to $14,000 in incentives toward the purchase of a new or used EV or hybrid with larger cost incentives given to those that trade in their older vehicles for scrap.

The program models the Car Allowance Rebate System (CARS), a former federal program that expired in 2009, to “encourage people to trade in older vehicles that produced more emissions in exchange for discounts on newer, more efficient vehicles,” EcoWatch reported.

“A tiered incentive structure provides maximum incentives to the lowest income participants purchasing or leasing the cleanest technology vehicles that reside within and near priority populations,” the California Air Resources Board said. “This reduces health risks and transportation costs, and provides greater, more reliable mobility and increased access to clean transportation to priority populations.”

The program will also cap loans at 8 percent for participants, provide opportunities for mobility options such as transit passes or e-bikes, and offer an additional $2,000 in incentives to offset the cost of charging, according to the California Air Resources Board.

The program currently planned the following incentive amounts for the upcoming launch:

FALL FUNDRAISER

If you liked this article, please donate $5 to keep NationofChange online through November.

COMMENTS