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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.”
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’s office announced Monday that it plans to relaunch California’s subsidy of up to $7,500 in tax credits for buyers of electric vehicles if Trump cuts the same EV federal tax credit, as ...
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 ...