California Governor Gavin Newsom vowed to bring back the state’s rebate for new electric vehicle purchases if President-elect Donald Trump follow through on his threat to kill the federal tax credit.
During the campaign, Trump vowed to eliminate President Joe Biden’s “EV mandate” on “day one” of his presidency. And now with this transition underway, his advisors have already discussed including a measure to kill the $7,500 tax credit for new EV purchases as part of a broader tax reform package.
If Trump succeeds, Newsom says he’ll step up and revive the state’s recently phased out Clean Vehicle Program, which offered rebates from $1,000 to $7,500 for the purchase or lease of new, eligible zero-emission vehicles, including electric,…
