1 in 35...By 2023 What Will It Be?
The State of California just passed a landmark clean vehicle bill that provides more than $2 billion in funding to assure that the state meets all of its future climate control targets.
Yes...CVRP Has Given Lots of Rebates Out
The bill, called AB 8, guarantees that the state's clean vehicle and fuel incentives continue through 2023 and that fleets and consumers will receive incentives for the purchase of low and zero-emissions vehicles.
The bill waits only on the signature of Governor Jerry Brown before becoming law. Brown has already all-but guaranteed that he'll sign on the dotted line.
AB 8 will extend the AB 118 clean fuel and vehicle programs and the AB 923 local air district funds for diesel emission reduction through 2023. Within those two bills are several programs that have helped to put alternative-fuel vehicles on California's roads. Those programs include the state's Clean Vehicle Rebate Project (CVRP) and Hybrid and Zero Emissions Truck and Bus Voucher Incentive Program, as well as the Alternative and Renewable Fuel and Vehicle Technology Program, the Air Quality Improvement Program and the Enhanced Fleet Modernization Program.
What will matter most to potential plug-in vehicle buyers is that AB 8 ensures that the state's current plug-in rebate program remains in place until at least 2023.
The Senate passed AB 8 on a bipartisan 29-6 vote. In the Assembly it received the required a two-thirds majority.