California will offer a new “on‑the‑hood” EV rebate after the federal $7,500 credit ended, aiming to keep electric car sales strong across the state.

California’s electric vehicle market is hitting a new kind of speed bump, as higher sticker prices and the loss of federal support make plug-in models feel out of reach for many buyers. State leaders are now weighing a fresh rebate program aimed at closing that affordability gap and keeping the transition to cleaner cars

In recognition of the unwavering dedication of its member-owners and the organization’s strong financial performance in 2025, Beacon Credit Union recently announced the return of $2.32 million in loan interest rebates to eligible member-owners.