California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit. Newsomsaid in a press statementhe is proposing a new version of the state'sClean Vehicle Rebate...
In summary, if you take into consideration this Federal Tax Credit and the state’s Clean Vehicle Rebate (will be discussed in Part 2), you can end up paying (much) less for an electric car. For example, 2016 Chevy Volt PHEV has an MSRP of $33,995, but you can get $9,0...
California Plans to Cut Rebates for Rich Electric Car OwnersBriscoe, Neil
Product types: electric cars, electric vehicle batteries, fuel cell batteries, hybrid electric vehicles, Natural Gas Vehicles, Intelligent Transportation Technologies, Electric Vehicles, Fuel Types: Compressed Natural Gas, Methanol, Ethanol, Propane, Hydrogen, Hythane, Bi-Fuel, Electric, Hybrid Electric....
California Gov. Gavin Newsom has vowed to intervene if President-elect Trump moves to eliminate the electric vehicle tax credit passed in President Biden's Inflation Reduction Act.
Last month, Newsom announced the state wouldrenew a rebate program for electric vehicles if the incoming Trump administration follows through on its threat to eliminate the federal tax credit of $7,500. Efforts by the incoming administration to block California's emissions standards will likely promp...
Data from the California Energy Commission (CEC) indicate 115,897 electric cars were registered in the state in the 3rd quarter. EV market share almost rose to a new record. At 26.4% share of the California new auto market, it was the second best quarter in history in that regard. ...
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One reason, but not the only one, for California’s high gas prices is the nearly $1.50 in federal, state and local taxes and fees. The organization also pegs California’s rates for electric power as the nation’s highest, averaging 31.62 cents a kilowatt hour of residential service — ...
Green Car Reportshas confirmed with Hyundai that its two newest electric cars, the Ioniq Electric and the Kona Electric will only be sold in California. Subaru's new plug-in Crosstrek Hybrid may be limited to the Golden State too.