The $7,500 electric vehicle tax credit the Biden administration introduced under the Inflation Reduction Act (IRA) has been a game-changer for American drivers seeking affordable entry into the clean energy revolution.

Gov. Gavin Newsom said California would fill the void for residents if the Trump administration killed a $7,500 E.V. tax credit.

California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit. Gov.

As the incoming Trump administration prepares to make aggressive cuts to government spending, one major provision of the landmark Inflation Reduction Act appears to be on the chopping block: the consumer tax credit for purchasing an electric vehicle.

California Gov. Gavin Newsom (D) said Monday the state of California will intervene if President-elect Trump eliminates the electric vehicle tax credit passed under President Biden. “Consumers continue to prove the skeptics wrong – zero-emission vehicles are here to stay,

California is prepared to offer state tax rebates for electric vehicle purchases if the incoming Trump administration scuttles the federal EV tax credit, the governor said.

California will seek to relaunch subsidies of electric vehicles if Republicans in Washington follow through on repealing a $7,500 credit.

If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs. Yet tax credits or not, auto companies show no intention of retreating from a steady transition away from gas-burning cars and trucks,