[mulmen]

> No-one is doing a bottom of the barrel EV conversion on a run down 2008 toyota corolla.

Right, but California wants them to, so they are offering a subsidy.

The EV market is still growing and we will have to re-invent a lot of the well-established secondary ICE markets. These markets include engine rebuild, transmission rebuild, and component rebuild (starters, batteries, alternators, water pumps, etc.)

California is subsidizing the creation of secondary markets for reusing EV battery packs while also potentially increasing demand and service life for used cars. A savvy EV converter might target cars with particularly weak or undesirable powertrains for conversion. 2008 Toyota Corollas are already in high demand, but what about a mid-2000s GM crossover SUV?