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Beginning on July 1, 2016, a sales tax exemption applies to the first US$32,000 of the selling price of a qualifying new plug-in electric car, which translates into a tax savings between US$2,600 and US$3,100 for plug-in car buyers depending on where the dealer is located within the state, as the sales tax varies by county.
Currently the standard credit for a qualified alternative fuel vehicle is $4,000. Other than the Civic GX, a number of models produced after 2004 may qualify for tax credits. [13] Electric vehicles: Government tax credit programs are planned for electric and plug-in hybrid vehicles, but no specific models have yet been certified. [14]
- Beginning in 2025, require all new light-duty state agency vehicle acquisitions to be electric, plug-in hybrid electric, or hydrogen fuel cell vehicles to the maximum extent possible.
The state offers residents up to $1,500 for the purchase or lease of a new battery-electric vehicle or $1,000 for a used one. It also offers up to $1,000 for the purchase of a new plug-in hybrid ...
New purchase: The full tax credit is only available for new electric car purchases, not used ones. However, some pre-owned vehicles purchased in 2023 or after are eligible for a tax credit of up ...
In July 2023, the state government will start offering a $3,000 tax credit for electric vehicles, and $2,000 for plug-in hybrid vehicles. [5] As of August 2021, the state government's official policy goal is to have 300,000 electric vehicles in the state by 2025. [6] As of April 2022, the state government is required by law to transition all ...
California could offer rebates for electric vehicle purchases if the incoming Trump administration eliminates a federal tax credit for people who buy electric cars, Gov. Gavin Newsom said Monday.
In December 2020, the state government announced a requirement that all new cars sold in the state be electric by 2035. [ 3 ] As of November 2021 [update] , the state offers a $2,500 tax rebate for electric vehicle purchases.