California's low- and mid-income residents may soon be able to board the EV train with help from a bill now working its way through the state's legislature.
The Los Angeles Times reports California Senate Bill 1275, sponsored by Sen. Kevin de Léon of Los Angeles, would mandate the California Air Resource Board to place an income cap on rebate and incentive eligibility, democratizing electric vehicles in so doing.
As it stands, four-fifths of residents currently receiving the credits have an average annual income of $100,000 or more:
A $2,500 rebate to purchase an electric vehicle is not likely to matter to someone earning over $300,000 a year, but it does make a big difference to someone earning $60k a year. Every community deserves clean air, regardless of wealth.
On top of the $7,500 federal credit, low- and mid-income residents — who would be favored over high-income residents under the bill — would receive $2,500 for buying an EV, $1,500 for ditching a high-polluting vehicle, and $3,000 or more (depending on air quality of residence) for buying a clean-air vehicle. A $3,000 credit toward public transit passes or car-sharing memberships would also be available for those who give up their vehicles with no intention of replacement.
The post California Bill Aims To Democratize EVs Among Low, Mid-Income Residents appeared first on The Truth About Cars.
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