Californians who bought an electric car hoping to get a $5,000 rebate might be in for a big letdown. One expert doubts there's enough rebate funds for every new driver to collect.
Electric and other zero-emission vehicles qualify for the rebates. California has $8 million slated for the program.
That's enough to pay out incentives to about 1,600 buyers, according to Jay Friedland, legislative director of Plug In America, an electric-vehicle advocacy group. That's well below the expected pace of sales for vehicles such as the Nissan Leaf, which is just now hitting the market, according to the L.A. Times.
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Friedland does not expect those funds to last beyond mid-2011.