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.
Friedland does not expect those funds to last beyond mid-2011.