California first to likely give extra funds to low-income EV buyers
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California first to likely give extra funds to low-income EV buyers
Filed under: EV/Plug-in, Legislation and Policy, USA
If you're of the opinion that current federal and state support for electric vehicle shoppers in the US are really just hand-outs to the already well-to-do, you might like what California State Senator Kevin de Leon (D-Los Angeles) is up to. De Leon sponsored a bill earlier this year called the Charge Ahead California Initiative (State Bill 1275) which today passed the California Assembly by a vote of 46-23. The state Senate is expected to send the bill to Governor Edmund Brown soon.
You can learn more about Charge Ahead in this PDF, read the bill here and see a press release below.Continue reading California first to likely give extra funds to low-income EV buyers
California first to likely give extra funds to low-income EV buyers originally appeared on AutoblogGreen on Wed, 27 Aug 2014 19:44:00 EST. Please see our terms for use of feeds.
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If you're of the opinion that current federal and state support for electric vehicle shoppers in the US are really just hand-outs to the already well-to-do, you might like what California State Senator Kevin de Leon (D-Los Angeles) is up to. De Leon sponsored a bill earlier this year called the Charge Ahead California Initiative (State Bill 1275) which today passed the California Assembly by a vote of 46-23. The state Senate is expected to send the bill to Governor Edmund Brown soon.
The bill will "establish an income cap to stretch valuable public dollars to incentivize clean car purchases that would not otherwise occur."
What does Charge Ahead do differently? Well, it changes the already-popular and effective Clean Vehicle Rebate Project (CVRP) that hands out $2,500 to zero-emission vehicle purchasers to not only have a bigger funding pile but also to "establish an income cap to stretch valuable public dollars to incentivize clean car purchases that would not otherwise occur, and would step down rebate levels over time as technology costs decrease." The bill has ways to encourage going green as well as going car-free. If you are in the "low-income" category, then you can get a minimum of $2,500 for cashing in your clunker for a ZEV. If, on the other hand, you're a low-income resident getting rid of a car to shift to the car-free/carsharing lifestyle, then you will get a minimum of $1,500. All others get, at most, $1,000. These amounts are less than previously reported, but the final bill has not yet been signed. SB 1275 also supports new carsharing programs, new EV charging stations and, "provides access to financing options that would lower combined monthly car payments and fuel costs."You can learn more about Charge Ahead in this PDF, read the bill here and see a press release below.Continue reading California first to likely give extra funds to low-income EV buyers
California first to likely give extra funds to low-income EV buyers originally appeared on AutoblogGreen on Wed, 27 Aug 2014 19:44:00 EST. Please see our terms for use of feeds.
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