High demand for some new electric vehicle models has led to increased dealer prices that, at least in California, could prevent customers from receiving purchase incentives, according to a new report. new.
Due to a lack of funds, California placed electric vehicle buyers on a waiting list to be encouraged to buy, and in the meantime, some people discovered that dealers had flagged the cars they intended to buy. , follow CalMatters.
According to the report, state programs aimed at offering discounts to lower-income car buyers “have encountered a shortage of adequate and inadequate funding”. This year’s funding for some programs dried up in April, and even the waitlist was closed because of the backlog, the report said.
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Even sponsored programs are reported to have slow response times, as administrators are inundated with requests for money. In today’s new car market, with low supply and rampant dealer pricing, it’s a particularly bad time to keep car buyers waiting.
California is still accepting applications for the Clean Vehicles Rebate Project (CVRP), which offers discounts of up to $2,000 for electric vehicles and $1,500 for hybrids, but applicants are waiting to arrive. two months to find out if they’re accepted. denied, according to the report. California’s largest EV incentive program, CVRP includes MSRP and income cap, has been lowered this early year.
Last November, regulatory agencies also shrunk separate California Clean Fuel Rewards (CCFR) discount, now up to $750. And earlier this year, it looked at restructuring incentives for low-income earners.”Super use of gasoline“Coined by the advocacy group Coltura, the term refers to a small number of motorists who consume large amounts of fossil fuels.
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Some efforts are also being made to improve current incentive application procedures. A bill was introduced earlier this year to do just that for the Clean Car 4 All regional programs, which operate in specific California clean air counties, CalMatters reported. The California Air Resources Board (CARB) is also reportedly working to combine the Clean 4 All and Clean Vehicle Assistance programs, expanding these programs statewide and rolling out the criteria ” needs-based” prioritizing residents who qualify for public assistance programs, such as Medicaid or Part 8 housing.
California aims end of sale of new internal combustion vehicles by 2035, but to get there, it looks like many of the state’s electric vehicle incentives need a significant overhaul. Those programs could be the difference between someone buying an EV and not being able to afford it, so money would have to flow more freely.