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(AP) — California would spend up to $3 billion under a bill to widely expand its consumer rebate program for zero-emission vehicles.
The state has already spent nearly $450 million in subsidies, but the Los Angeles Times says (http://lat.ms/2xC52Ij ) so far the rebates haven’t boosted sales much. Out of 26 million cars and light trucks registered in California, just 315,000 are electric or plug-in hybrids.
Now the Legislature is pushing forward a bill that could lift rebates from $2,500 to $10,000 or more for a compact electric car. That could, for example, make a Chevrolet Bolt electric car cost the same as a gasoline-driven Honda Civic.
Already approved in committee, the bill will go to Gov. Jerry Brown for his approval or veto if the full Legislature approves it by end of session Sept. 15.
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