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California Creates Point-of-Sale Rebate for First-Time Electric Vehicle Buyers
Governor Gavin Newsom signed legislation establishing a state rebate program that provides $3,500 for new electric vehicles and $1,750 for used models. The program has a $270 million budget funded by the state and automakers.
Jul 13, 1:03 PM·1m read2 sources
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California Governor Gavin Newsom signed legislation today creating a new state point-of-sale rebate that gives all first-time EV buyers $3,500 off a new electric vehicle. The rebate provides $3,500 off new electric vehicles with an MSRP up to $50,000 and $1,750 off used electric vehicles sold for up to $25,000.
The program is open to any Californian buying their first zero-emission vehicle, regardless of income level.
If a zero-emission vehicle automaker is headquartered in California as of January 1, 2026, there are no price limits on eligible vehicles. The rebate initiative carries a total budget of $270 million, with funding coming from both the state budget and automakers.
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