California Gov. Gavin Newsom says state will provide rebates if Trump removes tax credit for electric vehicles
In the event that President-elect Donald Trump's new government eliminates a federal tax credit for electric vehicles, California will give residents refunds, according to Governor Gavin Newsom.
Newsom said he would restore the state's Clean Vehicle Rebate Program, which offered financial incentives on over 590,000 vehicles before it was phased out in late 2023, in a news release published Monday.
"We will intervene if the Trump Administration eliminates the federal tax credit, doubling down on our commitment to clean air and green jobs in California," Newsom stated. "We re not turning back on a clean transportation future we re going to make it more affordable for people to drive vehicles that don t pollute."
In 2022, President Joe Biden signed the Inflation Reduction Act into law, which ...