California plans to offer rebates for electric vehicles if President-elect Donald Trump eliminates a $7,500 federal tax credit for the cars.Gov. Gavin Newsom said Monday that the rebates would be funded by companies and plants that pay for credits to emit greenhouse gases.

California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit. Gov.

Gov. Gavin Newsom said California would fill the void for residents if the Trump administration killed a $7,500 E.V. tax credit.

While experts agree that President-elect Trump's administration will slow EV purchases in the U.S., how policies and market forces play out aren't clear.

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.

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 continue to prove the skeptics wrong – zero-emission vehicles are here to stay,