California Creates $3,500 Rebate for New Electric Vehicle Buyers California Governor Gavin Newsom recently signed into law a $3,500 rebate for new electric vehicle (EV) buyers in the state.
This move has been hailed as a lifeline for EV buyers, but it raises more questions than answers about the underlying issues driving the decline of EV sales.
The federal government's abolition of tax credits and its overall hostility towards energy efficiency measures have ravaged the EV market.