California Launches $14,000 EV Incentives Targeting Low-Income Residents

Credit: Kindel Media/Pexels

has rolled out a new initiative, the Driving Clean Assistance Program (DCAP), offering up to $14,000 to encourage low-income consumers to adopt vehicles (EVs). The program, launched by the California Air Resources Board (CARB), aims to promote clean mobility and reduce emissions across the state.

Under DCAP, eligible residents can receive grants when purchasing or leasing new or used electric, plug-in hybrid, or hydrogen fuel-cell vehicles. To qualify, individuals must have an income at or below 300% of the Federal Poverty Level, currently set at $93,600 annually for a family of four. Additionally, they must not have previously utilized CARB's vehicle purchase incentives.

Participants in disadvantaged communities (DACs) can receive grants up to $7,500, which increases to $12,000 if they scrap an older vehicle. Non-DAC residents who scrap their vehicles are eligible for grants up to $10,000. Moreover, DCAP includes a $2,000 card or reimbursement for home charging installation, along with low-interest rate loans capped at 8% APR.

California, a leader in clean vehicle adoption, accounted for 34% of the nation's clean vehicle sales in recent years. The state saw clean vehicles make up 23.9% of its new car sales in early 2024, with BEVs, PHEVs, and FCEVs contributing significantly to this growth.

With over 10,000 fast EV chargers statewide, California aims to enhance convenience for EV users, who currently benefit from a cumulative sales figure nearing two million clean vehicles. The state has committed to banning the sale of polluting cars and light trucks by 2035, shifting exclusively to zero-emission vehicles in these categories.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use

Support Renewable Energy News!

At EnergyMagz, we believe that reliable, up-to-date news on renewable energy is vital for driving the world toward a sustainable future. By contributing, you’re not only supporting quality journalism, but also helping to shape the world’s transition to greener solutions.
DONATE  NOW
Every contribution, no matter the size, makes a difference.
close-link