The Fort Worth Press - California vows to step in if Trump kills US EV tax credit

USD -
AED 3.672499
AFN 64.501308
ALL 81.091764
AMD 369.248031
ANG 1.789884
AOA 917.999814
ARS 1395.523747
AUD 1.382485
AWG 1.8
AZN 1.698555
BAM 1.662466
BBD 2.013854
BDT 122.689218
BGN 1.668102
BHD 0.377545
BIF 2976.339735
BMD 1
BND 1.267973
BOB 6.9098
BRL 4.914103
BSD 0.999873
BTN 94.420977
BWP 13.425192
BYN 2.825886
BYR 19600
BZD 2.010964
CAD 1.36575
CDF 2316.000248
CHF 0.778435
CLF 0.022607
CLP 889.770183
CNY 6.80505
CNH 6.80103
COP 3738.9
CRC 459.648974
CUC 1
CUP 26.5
CVE 93.718924
CZK 20.662698
DJF 178.070373
DKK 6.35355
DOP 59.467293
DZD 132.269335
EGP 52.717905
ERN 15
ETB 156.137601
EUR 0.85023
FJD 2.184898
FKP 0.734821
GBP 0.734715
GEL 2.679792
GGP 0.734821
GHS 11.264445
GIP 0.734821
GMD 72.999787
GNF 8773.107815
GTQ 7.634866
GYD 209.223551
HKD 7.82816
HNL 26.583478
HRK 6.404025
HTG 130.919848
HUF 302.820499
IDR 17368.9
ILS 2.90496
IMP 0.734821
INR 94.478103
IQD 1309.963492
IRR 1312900.000029
ISK 122.270146
JEP 0.734821
JMD 157.601928
JOD 0.708974
JPY 156.754504
KES 129.130063
KGS 87.420497
KHR 4012.087263
KMF 419.000313
KPW 899.950939
KRW 1466.68497
KWD 0.30763
KYD 0.833358
KZT 462.122307
LAK 21929.626969
LBP 89547.492658
LKR 321.915771
LRD 183.493491
LSL 16.405102
LTL 2.952741
LVL 0.60489
LYD 6.322723
MAD 9.144703
MDL 17.099822
MGA 4176.618078
MKD 52.401617
MMK 2099.606786
MNT 3578.902576
MOP 8.06268
MRU 39.968719
MUR 46.820195
MVR 15.454972
MWK 1733.612706
MXN 17.23635
MYR 3.920978
MZN 63.900189
NAD 16.405102
NGN 1359.689667
NIO 36.794016
NOK 9.20175
NPR 151.087386
NZD 1.67806
OMR 0.384529
PAB 0.999962
PEN 3.457057
PGK 4.415452
PHP 60.485968
PKR 278.66746
PLN 3.598017
PYG 6107.687731
QAR 3.654753
RON 4.440951
RSD 99.791978
RUB 74.148427
RWF 1465.941884
SAR 3.780624
SBD 8.032258
SCR 14.326153
SDG 600.498337
SEK 9.218875
SGD 1.267885
SHP 0.746601
SLE 24.600677
SLL 20969.496166
SOS 571.467429
SRD 37.43097
STD 20697.981008
STN 20.823594
SVC 8.749309
SYP 110.543945
SZL 16.394307
THB 32.224021
TJS 9.329718
TMT 3.51
TND 2.904513
TOP 2.40776
TRY 45.36475
TTD 6.776593
TWD 31.394497
TZS 2604.644023
UAH 43.92104
UGX 3746.547108
UYU 39.879308
UZS 12128.681314
VES 496.20906
VND 26308
VUV 118.026144
WST 2.704092
XAF 557.575577
XAG 0.012389
XAU 0.000212
XCD 2.70255
XCG 1.802048
XDR 0.695511
XOF 557.525817
XPF 101.364158
YER 238.601522
ZAR 16.42005
ZMK 9001.201083
ZMW 19.037864
ZWL 321.999592
  • RBGPF

    0.0000

    63.18

    0%

  • CMSC

    -0.0400

    22.97

    -0.17%

  • RYCEF

    -0.0500

    17.45

    -0.29%

  • NGG

    -1.9400

    85.91

    -2.26%

  • BTI

    -1.4800

    58.08

    -2.55%

  • GSK

    -0.0300

    50.5

    -0.06%

  • RELX

    -1.5900

    34.16

    -4.65%

  • BP

    -0.8200

    43.81

    -1.87%

  • AZN

    -2.4000

    182.52

    -1.31%

  • RIO

    -2.4000

    103.11

    -2.33%

  • VOD

    -0.4400

    15.69

    -2.8%

  • CMSD

    0.0000

    23.42

    0%

  • BCE

    0.3400

    24.57

    +1.38%

  • BCC

    -1.4800

    72.76

    -2.03%

  • JRI

    -0.0200

    13.15

    -0.15%

California vows to step in if Trump kills US EV tax credit
California vows to step in if Trump kills US EV tax credit / Photo: © GETTY IMAGES NORTH AMERICA/AFP

California vows to step in if Trump kills US EV tax credit

California will revive its own subsidy programs for electric vehicles if Donald Trump guts US federal tax breaks for such cars, the state's governor said Monday.

Text size:

The president-elect has said repeatedly he would scrap what he called the "electric vehicle mandate" -- actually a $7,500 federal rebate for anyone who purchases an EV.

Gavin Newsom, who heads the solidly Democratic state and has pitched himself as a leader of the anti-Trump political resistance, said Monday California was not "turning back" towards polluting transport.

"We will intervene if the Trump Administration eliminates the federal tax credit, doubling down on our commitment to clean air and green jobs in California," Newsom said.

"We're not turning back on a clean transportation future -- we're going to make it more affordable for people to drive vehicles that don't pollute," he added.

"Consumers continue to prove the skeptics wrong -– zero-emission vehicles are here to stay."

If Trump scraps the tax credit, California could revive its own Clean Vehicle Rebate Project, which ran until November 2023, granting rebates of up to $7,500 for people buying battery-powered cars, a press release said.

California leads the nation in electric vehicle adoption, and is the single biggest market in the country, representing around a third of all units sold in the United States.

State figures show that more than two million so-called "zero emission vehicles" -- which include fully electric vehicles as well as plug-in hybrids -- have now been sold in the state, with one-in-four new cars in that category.

On the campaign trail, Trump was frequently hostile to electric vehicles, which he has linked with what he calls the "hoax" of climate change.

He vowed repeatedly that under his watch the United States would become "energy dominant," chiefly through expanded oil and gas extraction.

For many in California, such pledges are anathema, with the state frequently battered by the tangible effects of climate change, from huge wildfires to droughts to furious storms.

Newsom -- who many believe has White House ambitions of his own -- has positioned himself as a bulwark against the feared excesses of an incoming Trump administration on issues from climate change to immigration, vowing to be a check on its power.

With 40 million people, the sheer size of California's market has for a long time helped set the national tone when it comes to pollution standards for automakers.

Rather than make two versions of the same vehicles, Detroit giants have willingly adopted California's tougher rules on emissions and efficiency for nationwide sales.

That de facto standard-setting power has angered Republicans like Trump, who say -- on this issue -- states should not be allowed to set their own rules.

M.McCoy--TFWP