California Plans to Revive EV Rebates if Trump Ends Federal Tax Credit
- California plans to offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the federal EV tax credit, as stated by Gov. Gavin Newsom.
- Newsom intends to propose a new version of the Clean Vehicle Rebate Program, which funded 594,000 cars and saved 456 million gallons of fuel before being phased out in 2023.
- The new rebate program could be financed by the Greenhouse Gas Reduction Fund, which is funded by polluters under the state’s cap-and-trade program, according to Newsom’s statement.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left6Leaning Right1Center3Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
L 60%
C 30%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage