Home " Important Information from the State of California Funding is currently exhausted. All applications submitted after June 10th, 2016 will be placed on a rebate waitlist. Payment of rebates is contingent upon the project receiving more funding. Rebates will be paid if funding becomes available. Applicants will be notified by email regarding the status of their application." While $2,500 isn't the largest factor when purchasing a $35K vehicle, it definitely is something to be aware of.