Family-owned dealerships help pave the way as program reached higher-than-expected participation; funding spent in less than 90 days
Olympia, Wash.—More than 6,000 residents drove away in a new EV since August due to the Washington State Department of Commerce’s Electric Vehicle (EV) Instant Rebate Program, which provided on-the-spot rebates at the point of sale or lease.
The statewide program concluded on Tuesday after maxing out $45 million in funding. Low-income drivers across Washington benefitted significantly, receiving an average rebate of $7,400. Once the program’s data is finalized, the total number of rebates is expected to reach more than 6,100.
“The program’s higher-than-expected participation shows many Washington residents are eager to make the switch to EVs,” said Commerce Director Mike Fong. “By removing the up-front cost barrier for those who can least afford it, we leveled the playing field. Now thousands of people and their families all across the state will have access to the many benefits of driving electric.”
The program opened Aug. 1, and Commerce staff initially estimated that funding would last until next spring. Participation surged to three times the forecasted rate, with funding spent out in less than 90 days. The unexpectedly high demand was largely driven by Washington’s low-cost EV lease option, which provided a $9,000 rebate for new EVs. The state is the first to offer a higher rebate amount for leases, which will broaden the program’s impact in a few years when many of the vehicles will be available to buy used after their current term.
Effective program administration through partnership with small businesses
The top performing car dealers participating in the EV Rebate program were located in Auburn, Bellevue, Burien, Puyallup, Renton, Seattle, Spokane and Tacoma.
“We’re a family-owned business,” said Jim Walen from Seattle Hyundai. “I’m a huge supporter of the program, because it has helped working families purchase EVs. People in WA are generally environmentally conscious, and with more EVs on the road, it will bring down prices. It’s a good thing for all of us.”
Mark Oliver of Rairdon Automotive Dealerships agrees. “The EV rebate program has been a game-changer for both Rairdon Automotive Dealerships and the local Washington community we serve. It has empowered many residents to make the switch to electric vehicles, helping us meet growing demand and foster a more sustainable future. We’re proud to have been part of a program that makes clean transportation more accessible for everyone.”
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