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UPDATE 1 — Nearly 12,000 California residents bought EVs using state rebate program

(Adds more details in paragraphs 3-12) By David Shepardson WASHINGTON, Oct 16 (Reuters) — California said on Friday nearly 12,000 residents bought electric vehicles using rebates under a new $270 million program funded by the state and automakers. Still, overall EV sales have fallen both in California and nationwide as President Donald Trump's administration has removed federal incentives for EVs. EV sales are up globally. The program for California residents buying their first EV was signed into law by Governor Gavin Newsom in July and offers $3,500 rebates on new EVs with retail prices of up to $50,000 and a $1,750 rebate for used EVs costing no more than $25,000. California said EVs accounted for 18% of all state sales through September 30 compared to 23% last year and 25% in 2024. Tesla vehicles account for more than half of EVs sold in California. The program is still offering rebates through participating automakers, including Ford, GM, Honda, Hyundai, Kia, Toyota and its Lexus brand, Lucid, Nissan, Rivian, Subaru, and Volvo. There are no funds remaining for Tesla models under the program, which includes $135.5 million in state funding and $135.5 million from participating au

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