California Stalls on EV Subsidies as Trump Cuts Federal Rebate
A vehicle charges at a electric vehicle charger in Escondido, California.
Photographer: Bing Guan/BloombergWith President Donald Trump set to ax a key electric vehicle tax credit next month, California Governor Gavin Newsom has yet to advance his highly touted proposal to restart the state’s own EV subsidies, according to people familiar with the discussions.
To provide a safeguard for EV buyers and the industry, Newsom last year pledged to renew a state program that provided up to $7,500 in rebates for zero-emission vehicles if Trump ended a similar federal tax credit. After Trump signed his One Big Beautiful Bill last month, the federal credits are set to expire on Sept. 30.