California has introduced a generous new initiative aimed at accelerating the adoption of electric vehicles (EVs) among its residents. Under the newly launched Driving Clean Assistance Program by the California Air Resources Board, eligible applicants can now access up to $14,000 in incentives towards the purchase of new or used EVs and hybrids, as well as funding for EV charging infrastructure.
This initiative, reminiscent of the federal Car Allowance Rebate System (CARS) or "Cash for Clunkers," targets replacing older, higher-emission vehicles with cleaner alternatives. A 2010 study from the University of Michigan highlighted the effectiveness of such programs in reducing carbon emissions by 4.4 million metric tons.
For low-income residents, the benefits are particularly significant, with potential grants of up to $14,000 available. Moreover, those who trade in older vehicles for scrapping can receive up to $12,000 towards lower-emission alternatives, coupled with $2,000 for EV charging credits or infrastructure installation. Participants in Disadvantaged Communities (DAC) status can benefit further, receiving additional incentives tailored to facilitate their transition to cleaner vehicles.
Even participants without a vehicle for scrapping can participate, with grants of up to $7,500 towards an EV purchase and $2,000 for charging infrastructure. The program also ensures fair financing by capping the annual percentage rate (APR) on loans for EV purchases at 8%.
To qualify, both new and used EV purchases must adhere to specific guidelines, including a purchase price cap of $45,000 for new or used models younger than 8 years with under 80,000 miles. The California Air Resources Board provides a comprehensive list of approved vehicles eligible for these incentives.
With these measures, California aims not only to reduce carbon emissions but also to make sustainable transportation options more accessible to its residents, paving the way for a cleaner and greener future.
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This is a great initiative towards promoting green mobility .
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California's new EV purchase grants make electric vehicles more affordable, especially for low-income residents, by providing substantial financial incentives. This initiative reduces carbon emissions, replaces older polluting cars, and promotes widespread adoption of cleaner transportation options. Bingo!!!
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Very Bold step! 💚👏
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@gorffly_mokua You are right. California's initiative is transformative, offering substantial incentives for EV purchases and charging infrastructure. It took guts to go through with it.
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Its a commendable initiative by California, with EV purchase grants emissions will be reduced thus promoting sustainability
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@elizbeth_gathigia Agreed. California's EV purchase grant initiative is a commendable step towards promoting sustainability and reducing emissions.💚
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@elizbeth_gathigia California's commendable EV purchase grants reduce emissions and promote sustainability, making cleaner transportation accessible and driving a greener future.
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Green energy is the way to go as it is efficient and environmental Friendly.This is that way to go California.
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@jane_wangui Green energy is the new norm!💚
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Great job california ..I believe this will bring about more use of Electric vehicles bringing about lesser emissions.
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@rosebellendiritu Of course this will bring a huge impact in terms of emissions reduction!
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Good, but maybe they should also transform their cities into walkable, greener cities. Car-centred urbanism is obsolete
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@sarah_chabane_874 Agree! This will greatly boost green energy transition!
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Promoting green mobility through EV purchase grants is a crucial step towards achieving long-term climate objectives, enhancing energy security, and reducing dependence on imported petroleum.
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@peter_karanga 💚💚
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This is a commendable effort by California authorities, this for sure will encourage the use of electric vehicles hence clean mobility.
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@joseph_githinji Absolutely! And i hope many people will embrace them!
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Allowing incentives for EVs is a sure way to increase uptake. Kudos California
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@Kevin 💚
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Amazing initiative by California.This will go a long way in accelerating EV adoption
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@rukia_ahmed_abdi Absolutely! EV's to the world.