Summary
California Governor Gavin Newsom suggested a new rebate program for electric vehicle (EV) buyers to continue encouraging clean transportation. This plan aims to replace federal EV tax credits that were ended by President Donald Trump. The details of the program are not finalized, and it requires approval from the California Legislature.
Key Facts
- Governor Gavin Newsom proposed a rebate program for electric vehicle buyers in California.
- The program aims to make up for the federal EV tax credits that ended under President Trump.
- California's budget plan includes EV incentives as a one-time investment.
- The transportation sector is the largest source of pollution in California.
- Newsom's proposal serves as a starting point for budget talks with California's Legislature.
- Previous federal credits were removed through President Trump's executive order from 2024.
- The proposal needs legislative approval before the July budget deadline.
- Details like income limits and vehicle price caps for the rebate are not yet decided.
