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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.
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 ...
Some hybrids may qualify for reduced license fees. Arizona has allowed 10,000 EV and plug in hybrids to gain access to the HOV lanes, but this incentive has reached its capacity. [17] California- The state government offers rebates through the Clean Vehicle Rebate Project (CVRP) where taxpayers who purchase an EV or plug in hybrid can receive ...
California Gov. Gavin Newsom may exclude Tesla and other automakers from an EV rebate program if the incoming Trump administration scraps a federal tax credit for EV purchases.
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 ...