Overview

• Federal EV tax credits worth up to $7,500 for new cars and $4,000 for used cars end after September 30 under actions by President Trump and congressional Republicans.
• Gov. Gavin Newsom confirmed he will not create a state rebate to replace the federal purchase incentive, reversing a commitment he made in November.
• Newsom said he cannot restart rebates without legislative approval and noted the state’s budget shortfall as a key constraint.
• The administration will direct cap-and-trade funds toward charging and other infrastructure rather than offering new point-of-sale subsidies.
• As part of a broader energy package, Newsom signed six climate bills and approved additional oil drilling in Kern County.