California's MyFirstEV Provides A $3,500 Instant Rebate To First-Time Buyers
It also offers up to $1,750 off used EVs priced under $25,000.
State of California
The federal government dropped the ball on the transition to electric cars when it killed the EV tax rebate last year. However, Governor Gavin Newsom has come up with an alternate solution for those in California in the form of up to $3,500 in instant rebates for first-time EV buyers.
Dubbed the MyFirstEV program, Newsom's bill — which will go into effect sometime later this summer — is part of a larger $600 million investment by California to improve the state's clean transportation economy. As for the rebates specifically, half of the program's $270 million fund comes directly from California's 2026-2027 state budget, while the other half is sourced from participating automakers.
That said, for Californians hoping to take advantage of the new incentive, there are some important restrictions. First, eligible vehicles are...
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