Electric Vehicle Offers & Information

The Inflation Reduction Act introduces a number of significant changes to the tax credit for new electric vehicles (section 30D). These changes will phase in over time. Effective immediately after enactment of the Inflation Reduction Act (after August 16, 2022), the tax credit is only available for qualifying electric vehicles for which final assembly occurred in North America. Further changes to the eligibility rules began in 2023.

Overall, the reforms in the Inflation Reduction Act mean that the tax credit for electric vehicles will evolve considerably over the coming months and years. New Requirements Effective April 18, see links below for details.

Separately, starting in 2023, the Inflation Reduction Act also establishes tax credits for pre-owned clean vehicles (section 25E) and for commercial clean vehicles (section 45W). Treasury and the Internal Revenue Service will release more information on all the clean vehicle credits in the coming months.

Information about vehicles purchased in 2022 and before or for vehicles purchased in 2023 and after.

Consumers who purchase qualified residential charging equipment may receive a tax credit of 30% of the cost, up to $1,000.

AQMD is accepting applications for the Drive Clean! program which provides a $599 incentive to County residents for the purchase or lease of an Air Resources Board (ARB) Clean Vehicle Rebate Program eligible vehicle.

The Placer County Air Pollution Control District offers information on a variety of residential and commercial incentive and grant programs to reduce air pollution.

The Clean Vehicle Rebate Project (CVRP) offers up to $7,000 in electric vehicle rebates for the purchase or lease of new, eligible zero-emissions and plug-in hybrid light-duty vehicles.

The CVRP is administered throughout the state for the California Air Resources Board, part of the California Environmental Protection Agency.

The Clean Air Vehicle (CAV) Decal Program is administered by the Department of Motor Vehicles (DMV) in partnership with the California Air Resources Board (CARB). The program authorizes a vehicle that meets specified emissions standards to be issued a CAV decal to allow single occupancy use of High Occupancy Vehicle (HOV) or carpool lanes.

The CAV Decal Program is subject to authorization by the Federal Highway Administration. If federal authorization is withdrawn, the program may end sooner than specified in state law.

The Consumer Assistance Program’s (CAP) vehicle retirement option offers eligible consumers an incentive to retire their operational vehicle. Consumers meeting the income eligibility requirement may receive $1,500 for each vehicle retired. All other vehicle owners may receive $1,000 to retire their vehicle at a BAR-contracted dismantler.