California could offer electric vehicle rebates if Trump eliminates tax credit, Newsom says

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California could offer electric vehicle rebates if Trump eliminates tax credit, Newsom says
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Money for the new rebate system could come from the state’s Greenhouse Gas Reduction Fund, which is funded by polluters under the state’s cap-and-trade program, the governor’s office said.

FILE – Charging bays are seen at the new Electrify America indoor electric vehicle charging station in San Francisco, Wednesday, Feb. 7, 2024.

Newsom’s proposal is part of his plan to protect California’s progressive policies ahead of Republican President-elect Donald Trump’s second term. He called the state Legislature to convene inFILE – An electric vehicle is charged at a parking garage in Los Angeles, Oct. 17, 2018. Officials didn’t say how much the program would cost or how the rebates would work. Newsom is expected to offer more details of the possible rebate program during an appearance in Kern County later Monday.

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