If you're a California citizen thinking of buying an electric car, don't do it today. Wait until Monday. That's when the state's $4.1 million Clean Vehicle Rebate Project (CVRP) starts offering rebates worth up to $20,000 for eligible zero-emission and plug-in hybrid vehicles. Exactly which vehicles will get how much money isn't available yet, but Tesla, in its latest newsletter, says the CVRP will be worth a $5,000 rebate toward the purchase or a lease of a Roadster. Here's what we do know:
[Source: Clean Vehicle Rebate Project]
- The rebates will be worth up to $5,000 for new light-duty vehicles
- New cars, trucks, commercial medium- and heavy-duty vehicles, motorcycles, neighborhood electric vehicles can all qualify
- Individual or business owners who buy or lease zero-emission or plug-in vehicles are eligible
- Some zero-emission commercial vehicles can get rebates of up to $20,000
[Source: Clean Vehicle Rebate Project]
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