Presentation given at the California Air Resources Board’s fourth CVRP Workgroup meeting for 2019–20 Funding Plan development (April 23, 2019).

• Updates previous estimates of the rebate funding needed using a new “Middle” projection and adjusted timeframe
• Analyzes three new program-change scenarios and their timelines
• Provides additional context, including trends in lease rates and data from state programs in the Northeast utilizing MSRP caps rather than income caps