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The federal electric-vehicle tax credit, which was passed as part of the Biden administration's Inflation Reduction Act in 2022, provides a $7,500 tax credit to some EV buyers.
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.
California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump's incoming administration does away with a federal tax credit for electric vehicles.
About 42% of rebates went to people buying or leasing Tesla vehicles under the state's previous clean vehicle rebate program, according to data from the California Air Resources Board. Trump criticized Newsom on social media after the governor called for a special session, calling out the high cost of living in California and the state’s ...
California Gov. Gavin Newsom (D) said Monday the state of California will intervene if President-elect Trump eliminates the electric vehicle tax credit passed under President Biden. “Consumers ...
(The Center Square) - California Gov. Gavin Newsom said if President-elect Donald Trump ends the $7,500 electric vehicle rebate program, he’ll get Californians to pay for new credits. However ...
Quebec began offering rebates of up to CA$8,000 (~ US$5,600) beginning on January 1, 2012, for the purchase of new plug-in electric vehicles equipped with a minimum of 4 kWh battery, and new hybrid electric vehicles were eligible for a CA$1,000 rebate.
If the Trump Administration eliminates federal subsidies for electric vehicles, Governor Gavin Newsom says California will offer its own tax credit for EVs.