Statewide, Ore. – The Oregon Department of Environmental Quality today announced it will temporarily suspend the Oregon Clean Vehicle Rebate Program as of May 1, 2023. Projections show the program will be oversubscribed in late spring 2023. Program rules require DEQ to suspend rebates once funds are depleted. “DEQ has one of the most generous EV rebate programs in the country. It has been extremely successful, and 2023 rebate applications are coming in at our highest rate yet. People are choosing electric vehicles and rebates are instrumental in lowering the costs to Oregonians.” said Oregon DEQ Director Leah Feldon. The program receives funds annually from the state’s Vehicle Privilege Tax. It covers all program costs, including rebates, program administration and community engagement. The Oregon Department of Revenue projects the program will receive about $14 million for 2023. Also, it was able to carry over approximately $3.5 million due to a one-time allotment of $15 million last year. Therefore, the 2023 budget was $17.5 million, with $15.5 million available for rebates. DEQ expects the fund to be depleted in the next few months, based on volume of EV sales.