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California’s Big EV Cash Boost | San Jose News
Description
California’s rolling out a major electric vehicle incentive program, MyFirstEV, offering up to $3,500 for new EVs under $50K and $1,750 for used EVs up to $25K—potentially doubling with automaker matching funds. Governor Newsom’s move counters federal cuts and aims to keep clean cars affordable, especially for families. California-based EV makers like Rivian and Lucid get extra perks, while Tesla misses out on price exemptions due to its Texas operations. The $135.5M state fund, plus automaker matches, could total over $270M, with rollout starting this summer. Don’t wait—demand’s expected to be high.
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