Illinois’ electric vehicle rebates may be scaled back

(The Center Square) – Legislation in the Illinois General Assembly would make it more difficult to qualify for a rebate on an electric vehicle purchase.

In January 2023, rebates of up to $4,000 for EVs and $1,500 for electric motorcycles became available in Illinois. In the first round, Illinois’ EV rebate program cost taxpayers $19 million. That is nearly 4,900 purchasers of EVs getting $4,000 rebates. Of those, only about 10% were low-income individuals, despite the program prioritizing such applicants. Among those granted rebates, nearly 300 were luxury models costing up to $125,000, as The Center Square previously reported. The second round of the program was budgeted at $12 million.