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.
Electric Vehicle Rebate
When you're about to spend tens of thousands of dollars on a plug-in vehicle, getting $300 off probably won't sway your purchasing decision one way or the other. But, every little bit helps in this economy and that's why Normal, IL is putting a bit of its own money into a small-scale electric vehicle tax incentive program.
Senate Democrat worries dealers might take unfair advantage of proposed plug-in vehicle tax credit-to-rebate switch
Senate Democrat Max Baucus, the chairman of the finance committee, has scrutinized President Obama's proposal to convert the $7,500 tax credit for plug-in vehicles to a point-of-purchase rebate, according to Automotive News (sub. req.) and thinks there's a potential problem.