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(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 ...
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 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.
Trump previously vowed to end federal electric vehicle tax credits, which are worth up to $7,500 for new zero-emission vehicles. There’s also a $4,000 credit for used ones. There’s also a $4,000 credit for used ones.
Connecticut- up to $3,000 can be regained via rebate with Connecticut Hydrogen and Electric Automobile Purchase Rebate (CHEAPR) program. Delaware- The state government offers a $2,200 rebate to lease or buy an EV. They also have a $1,100 rebate to convert a combustion engine into a pure electric vehicle. [17]
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.
According to these figures plug-in hybrid electric vehicles were outselling pure electric vehicles in California by early 2013. [53] [54] In addition to a US$7,500 federal tax credit, the 2012 and later model year Chevrolet Volts qualified in California for the US$1,500 CVRP rebate and had free access to high-occupancy vehicle lanes.
If the Trump Administration eliminates federal subsidies for electric vehicles, Governor Gavin Newsom says California will offer its own tax credit for EVs.