Newsom’s Budget Includes $200M to Make Up for Trump’s Canceled EV Tax Credits - News Summed Up

Newsom’s Budget Includes $200M to Make Up for Trump’s Canceled EV Tax Credits


Gavin Newsom on Friday doubled down on California’s commitment to electric vehicles with proposed rebates intended to backfill federal tax credits canceled by the Trump administration. The plan would allocate $200 million in one-time special funds for a new point-of-sale incentive program for light-duty zero-emissions vehicles. Last year, Trump ended federal tax credits of up to $7,500 for EV customers that were part of President Biden’s 2022 Inflation Reduction Act. In September, his administration also let lapse federal authorization for California’s Clean Air Vehicle decal program, which allowed solo EV drivers to use carpool lanes. That is exactly why California needs climate investments that are stable and ongoing,” said Sierra Club director Miguel Miguel.


Source: Los Angeles Times January 12, 2026 19:56 UTC



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