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Search results for: "Tax credit". 18 articles found.
California announced Monday it plans to restore its EV tax credit should Trump cut the federal rebate, but the state's new program may exclude credits for Tesla buyers.
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.
Although President-Elect Donald Trump is promising to end the $7,500 EV tax credit, Hyundai is confident it will continue growing in the US. The company just opened a massive new $7.6 billion manufacturing plant in Georgia as it looks to grab a bigger share of the US market. more...
The Truth About Cars - 4 hours 18 min agoElectric vehicles are some of the most politically-charged products on the market, and the incoming Trump administration is expected to make significant changes to the government's EV tax credit, up to and including killing them altogether. California, which has rules that have often run counter to Trump's political agenda, may step up to fill the void if that happens, offering a state-level rebate to buyers.
Governor Gavin Newsom has floated a new proposal to challenge Trump's threats against EV incentives.
Newsom proposes California offer state tax rebates for electric vehicle purchases should Donald Trump eliminate the federal EV 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.
Governor Gavin Newsom plans on creating new version of state rebate program as president-elect threatens EV credits California could offer state tax rebates for electric vehicle (EV) purchases if the incoming Trump administration eliminates the federal EV tax credit, the state's governor said Monday. Gavin Newsom will propose creating a new version of the state's successful Clean Vehicle Rebate Program, which was phased out in 2023 after funding 594,000 cars and saving 456m gallons of fuel...
Donald Trump vowed to end federal EV tax credits, which are worth up to $7,500 for new EVs.
Nation Review - 5 hours 50 min agoGovernor Gavin Newsom said California will continue to ‘make it more affordable for people to drive vehicles that don't pollute.’...
ABC News - 6 hours 23 min agoCalifornia could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit...
ABC News - 6 hours 40 min agoCalifornia could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit...
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," Newsom said in a statement Monday. "We will intervene if the Trump Administration eliminates the federal tax...
President-elect Trump isn't in office yet, but California Gov. Gavin Newsom is already planning to counter an expected move on electric vehicles. On Monday, Newsom promised that if Trump killed the $7,500 federal rebate to buyers of EVs, California would restore it for state residents, reports the Los Angeles...
Gov. Gavin Newsom said greenhouse-gas credits would fund EV rebates.
California has proposed offering $7,500 state EV tax rebates to residents if Trump kills the federal EV tax credit, Governor Gavin Newsom (D-CA) announced today. more...
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The Verge - 7 hours 57 min agoPhoto by Mario Tama/Getty Images 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...
Two economists estimate that electric car sales could fall 27 percent if President-elect Donald J. Trump and Congress repeal a federal tax credit.
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