SPOKANE, Wash. – The Washington State Department of Commerce is working urgently to secure additional funding for the state’s electric vehicle (EV) rebate program.
The program, designed to assist low-income drivers in leasing or purchasing EVs, has seen unexpected popularity, causing funds to run out sooner than anticipated.
Initially expected to last until next spring, the funds for the program are now projected to run out next month.
There remains $65 million in the general funds vehicle incentive account. However, any decision to allocate more funds to the rebate program will need legislative approval.