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California State Senator, Anthony Portantino, has introduced a bill which offers incentives of up to $2,000 if vehicle owners convert their ICE-powered cars to EVs.
Portantino stated that the newly-introduced Senate Bill 301 "will provide a financial rebate for people in California who choose to convert their gas-powered cars into electric vehicles, but can't afford to do so." He added that the incentives are part of a new method to promote EVs and meet the strong climate goals.
According to reports, a new EV on average costs $66,000, however, a conversion from ICE to electric power can be done for a relatively low amount of $14,000.
Companies like Ford and General Motors are coming out with electric crate motors, which would certainly help with generating interest towards electromodding a car. However, most of the electromods currently in the market are based on popular classic cars and carry a high price tag.
Apart from the incentives, the Senator also believes that the bill will help open job opportunities in the EV conversion industry.
Source: CarScoops