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.

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.

Trump's transition team is considering the elimination of the federal tax credit of $7,500 for EV purchases, in line with broader tax reform legislation, Reuters reported earlier this month. California has crossed the 2 million mark for sales of zero-emission vehicles,

Gov. Gavin Newsom revealed that he would offer Californians a $7,500 tax credit for electric vehicles if President-elect Trump gets rid of the rebate.

Gavin Newsom on Monday proposed creating a new version of a program that ended last year, which offered rebates of up to $7,500 to qualified buyers of EVs or plug-in hybrids.

California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit.

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 Gov. Gavin Newsom announced Monday he will provide $7,500 electric vehicle rebates for his state if President-elect Donald Trump and congressional Republicans dismantle the federal credit – one of several consumer cost-saving measures in President Joe Biden’s climate bill.