The California Air Resources Board (CARB), the funding agency behind the state's zero-emissions Clean Vehicle Rebate Project (CVRP), has proposed a significant increase in funding for CVRP in 2011-2012. CARB is proposing tripling the funding from last year's level of $5 million to $15 million. Since the Board approved the Draft Funding Plan on July 21st, this level of funding, along with the reduced rebate amounts, is technically official.
Clean Vehicle Rebate
California's Clean Vehicle Rebate Project (CVRP) received another boost in funds just days ago when the California Air Resource Board (CARB) backed the program with an additional $5 million earmarked for the 2010-11 fiscal year. Combined with the $4.1 million announced earlier this year, the CVRP now has $9.1 million at its disposal, though some of the funds have already been claimed by buyers snatching up qualifying vehicles.