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A $3,500 rebate is available to first-time electric vehicle buyers in California on new battery-powered models priced below $50,000, with automakers covering half the total.
Used electric vehicles qualify for $1,750 under the same program. The cost split and what it means for manufacturers The manufacturer contribution is the key structural detail.
Automakers cover $1,750 of the $3,500 new-vehicle rebate, which means California has built the program to move part of the cost off the state budget and onto the companies with the most to gain from growing electric vehicle sales.
The $50,000 price ceiling limits the benefit to the mainstream market.
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