California MyFirstEV Electric Vehicle Rebate Program

planned

The MyFirstEV program offers a $3,500 instant rebate at the dealership for first-time buyers of new zero-emission vehicles priced at or below $50,000, with a $1,750 discount for used EVs priced at or below $25,000. The program is funded with $135.5 million from California's 2026-27 state budget, matched dollar-for-dollar by participating automakers, totaling $270 million. The program aims to boost EV sales in California following the expiration of the federal $7,500 EV tax credit. The California Air Resources Board (CARB) is finalizing agreements with automakers, which must match state funds before rebates can be issued. The program includes restrictions such as vehicle weight limits and a four-year resale restriction to other states.