Pub 9 2020-2021 Issue 1

PUB YR 9 2020-2021 | ISSUE 1 19 Consumers are ineligible for a rebate if their gross annual income exceeds the following thresholds. • $150,000 for single filers • $204,000 for head-of-household filers • $300,000 for joint filers The caps do not apply to FCEV’s. Applicants must fulfill the following requirements for eligibility. • Must be a California resident. • Vehicle must be new at time of lease of purchase. • One rebate per person. FCEV’s may qualify for second rebate. • Must apply within three months after purchase. • Rebates have a cap of $60,000 base MSRP (except FCEVs). • Eligible PHEVs must have aminimumall-electric range of 35 miles in compliance with the Urban Dynamometer Driving Schedule (UDDS) test standards. • Vehiclemust be owned, operated and registered in California for a minimum of 30 months. • Previously registered unwinds, rollbacks and demo vehicles are not eligible. Statewide Dealership Influence of EV Adoption: There are 1,277 new car dealerships eligible for CVRP in the state of California, which has amounted to over 371,500 rebates administered and over $851 million in incentives received. Statewide Rebates Vehicle Type Total Vehicle Rebates Funding PHEV 132,315 $213,670,246 BEV 231,105 $600,102,483 FCEV 7,014 $ 35,973,168 ZEM 1,073 $1,939,350 TOTAL 371,507 $851,685,247 Continued on page 20

RkJQdWJsaXNoZXIy ODQxMjUw