California Utility to Give Rebates to Drivers of Pre-Owned EVs

In an effort to make electric vehicles more affordable, Pacific Gas and Electric Co. will distribute more than $78 million to California drivers who purchase or lease pre-owned electric vehicles.

Current PG&E electric customers may qualify to receive a $1,000 or $4,000 rebate, based on household income, when purchasing or leasing an eligible pre-owned all-electric vehicle or plug-in hybrid EV. The program receives its funding from the California Air Resources Board’s Low-Carbon Fuel Standard, an initiative designed to reduce the state’s greenhouse gas emissions that cause climate change.