Monday, May 03, 2021

CA MAY STIFF ELECTRIC CAR BUYERS

by Bob Walsh

The formerly great state of California has been pimping electric cars for a long time, as does the federal government.  The state rebate comes out of a separate fund, not the general fund.  That fund is now dry.  And the God-Emperor, Gavin Newsom, has shown no interest in continuing it even if the legislature funds it, which thus far has not happened.  The rebate for most CA buyers is about $2,000.  Most of this of course goes to high income residents who can AFFORD the damn things.  

God-Emperor Newsom wants to target this money to low-income people who currently do not typically buy brand new electric vehicles from dealership, among other reasons because they often have no place to plug them in.  

Low income buyers are also eligible for a considerable kickback, over $9,000, if they trade in an older gas car for a new electric one.

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