Particle.news

Download on the App Store

Newsom Won’t Replace Expiring $7,500 EV Credit in California

Newsom cites budget limits, prioritizing infrastructure over direct rebates through cap-and-trade funds.

Overview

  • The federal EV incentive worth up to $7,500 for new cars and $4,000 for used models ends September 30 after repeal by President Trump and congressional Republicans.
  • The governor reversed a November pledge to restart state rebates, saying a revival would require legislative action and is not feasible under the current deficit.
  • California is channeling resources into charging networks, with more than 200,000 public chargers statewide compared with roughly 120,000 gas pump nozzles.
  • Newsom criticized automakers over the policy fight, accusing GM and CEO Mary Barra of undermining California’s environmental standards.
  • Automakers and buyers accelerated deliveries to capture the waning credit, with Hyundai reporting a 72% year-over-year rise in U.S. EV sales last month.