California will offer EV rebates if Trump kills federal tax credits

Quick Summary:

The proposed rebates could come from the Greenhouse Gas Reduction Fund, which is funded by polluters under the state’s cap-and-trade program.

California is committed to zero-emission vehicles, even if the federal mood shifts.

Newsom said he would propose a new version of California’s Clean Vehicle Rebate Program, which phased out in 2023, but funded more than 594,000 vehicles in its lifetime.

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Article Details

Author / Journalist: Rebecca Bellan

Category: Technology

Markets: United States

Topics: EVs IRA Ev tax credits Transportation Gavin Newsom

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 15:20:27 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 157 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 23835351

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