As ZEVs Reach 20 Percent Of New Car Sales, CARB To End Rebate Program

California later this year plans to end its long-time primary electric vehicle (EV) purchase rebate program because 20 percent of all new vehicles being sold in the state are now defined as having zero emissions and the program’s budget is being spent quicker than forecast, though other rebate programs focusing on lower-income buyers will continue to expand. “The California ZEV market share is now over 20 percent, and this is key to point out, as this is the market indicator...