If you dream of owning an electric vehicle but can’t afford one, you’re not alone. Zero-emission car sales in California showed an encouraging jump last year, yet most options remain unaffordable for most people.
The average cost is over $47,000, with popular high-end cars like Tesla’s Model 3 or the GMC Sierra truck seen in SuperBowl ads north of $100,000. Modest models such as the Chevrolet Bolt can start at nearly $26,000.
The good news is that more federal and state money than ever is available for qualified low-income households interested in buying a new electric car. Government incentives in California can, for some buyers, reach $27,000.
