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California is prepared to offer state tax rebates for electric vehicle purchases if the incoming Trump administration scuttles the federal EV tax credit, the governor said.
Under the Gas Rebate Act of 2022, individuals earning less than $75,000 a year would get the full $100, CNET reported. Individuals earning over $80,000 wouldn’t be eligible for the rebate.
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However, there is also the option of applying for a CA$3,000 rebate cheque when buying used EV (min. 15 kWh capacity) and a CA$6,000 rebate cheque when buying a new EV (min. 15 kWh capacity). There is a requirement of 6 months of continuous driving insurance on the vehicle being scrapped from the application date backwards.
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