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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 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.
California is prepared to offer state tax rebates for electric vehicle purchases if the incoming Trump administration scuttles the federal EV tax credit, according to Gov. Gavin Newsom.
He called California Gov. Gavin Newsom’s announcement Monday that the state would fill the gap if the incoming administration scraps existing federal EV tax rebates “good news for Californians.”
Newsom said on Monday that if Trump eliminates a federal EV tax credit, he will propose creating a new version of the state’s Clean Vehicle Rebate Program that ended in 2023 and spent $1.49 ...
Newsom said last month that California is prepared to offer state tax rebates for EV purchases if the Trump administration ends the federal program, which provides EV buyers a tax credit of up to ...
If the Trump Administration eliminates federal subsidies for electric vehicles, Governor Gavin Newsom says California will offer its own tax credit for EVs.
(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 ...