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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.
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.”
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.
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 ...
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 ...
In the most likely scenario, such a law would probably phase out the federal EV credit in 2026 or 2027, instead of turning off the spigot retroactively for all 2025 purchases, Wickett said. “No ...
(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 ...