Los Angeles
Saturday, 7/18, 09:50 AM
How California's new $3,500 first-time EV rebate works
- California is rolling out a new incentive this summer that knocks $3,500 off the price of a first electric car, applied instantly at the dealership rather than paid back later.
- Called MyFirstEV, it is the state's answer to the loss of the federal EV tax credit, and it comes with a twist that favors California-based automakers.