Here’s a peek at Newsom’s new EV incentives package for Californians

Gov. Gavin Newsom’s office unveiled details about reviving California’s rebate program for zero-emission vehicles. It includes providing a dollar-to-dollar match between the state and automakers, plus extending the plan to include used vehicles.

The proposed incentives, however, would be restricted to first-time buyers.

The Newsom administration on Monday released language for a trailer bill — legislation tied directly to the annual state budget — regarding the Democrat’s proposal to set aside $200 million to fund the new program.

The language calls for the California Air Resources Board to enter into grant agreements with automakers to “provide incentives for consumers” to buy or lease light-duty passenger electric vehicles “at the point of sale.” Participating manufacturers will match the state’s contributions on a one-to-one basis.

Incentives would also apply to used EVs — but only for their purchase, not for leasing them.

Eligible vehicles include those priced at or below MSRP, the manufacturer’s suggested retail price, as specified by the federal government’s 2022 Inflation Reduction Act signed into law by then President Joe Biden.

Those price caps are $55,000 for new passenger vehicles; $80,000 for vans, SUVs and pickup trucks; and $25,000 for used vehicles. All the vehicles in the proposed program must be registered...