California's governor plans to set aside $200 million for state EV tax credits

California Governor Gavin Newsom has announced plans to allocate $200 million in state funds to support electric vehicle (EV) purchases, a move aimed at filling the gap left by the loss of federal EV tax credits.

The proposed budget includes a one-time incentive program for light-duty zero-emission vehicles (ZEVs), which is designed to keep these vehicles affordable and accessible to all residents. According to officials, this initiative is a critical component of California's strategy to promote EV adoption.

In 2025, the state reported that nearly 30% of auto sales were electric vehicles, with the California Energy Commission tracking significant growth in EV demand. To support this trend, Governor Newsom has proposed providing rebates for eligible purchases.

While details on the exact breakdown of funding are not yet available, reports suggest that buyers would receive an instant discount at the point of sale, rather than waiting to claim a rebate at a later date. In contrast to federal incentives, which offered up to $7,500 in tax credits for new EVs and up to $4,000 for used vehicles, California's proposed program appears to be focused on supporting the purchase of newer models.

The chairwoman of the California Air Resources Board has noted that the state is still exploring options for providing tax credits to buyers of used electric vehicles.
 
the gov is trying to help people switch to evs and save the planet ๐ŸŒŽ๐Ÿ’š but now they're gonna make it harder for ppl who wanna buy older models ๐Ÿค” like what's up with that? shouldn't the gov just give everyone a break regardless of how old the car is? anyway, i guess this new program's a step in the right direction and all ๐Ÿ‘
 
๐Ÿคฃ So California's trying to make EVs more affordable and stuff, but I'm like "Gavin, why are you just giving them discounts at the point of sale? It's like they're trying to rob their customers blind! ๐Ÿ˜‚ But seriously, it's cool that they're trying to support the adoption of electric vehicles. 30% of auto sales being EVs is pretty crazy! ๐Ÿš€ I'm not sure if this will really make a difference, but hey, every little bit counts, right? ๐Ÿคทโ€โ™‚๏ธ Let's just hope they don't end up like my old phone โ€“ always breaking down and needing a new battery... ๐Ÿ’ป
 
I think this is a great move by Governor Newsom ๐Ÿคฉ. I mean, with all the hype around EVs and climate change, it's about time we see some real action from the state. The fact that they're offering instant discounts for new EV purchases is genius ๐Ÿ‘. It'll definitely make them more affordable for regular people who want to go electric. And let's be real, 30% of auto sales being electric in 2025 is no joke ๐Ÿš€! We should be proud that California is leading the way on this front. I'm all about supporting sustainable initiatives and I think this proposal does just that ๐Ÿ’š. Plus, who needs tax credits when you can get a discount at the point of sale? ๐Ÿ˜‚ Let's just hope other states follow suit and we'll see a sea change in the way we're thinking about transportation ๐ŸŒŠ.
 
Ugh ๐Ÿค•, great, just what we need more debt ๐Ÿค‘... $200 million in the state fund, that's like throwing money at the problem ๐Ÿšฎ, and it's only gonna encourage people to buy more fancy electric cars ๐Ÿš—๐Ÿ’ธ, but what about those who can't afford them? It's like they're saying "we'll help you buy an expensive new car" ๐Ÿคทโ€โ™‚๏ธ, meanwhile, the poor folks are still stuck with their old gas-guzzlers ๐Ÿš—๐Ÿ˜’... and don't even get me started on the used EV market ๐Ÿคฏ, it's a total mess ๐Ÿ’”, they're already talking about exploring tax credits for those, like that's gonna make a difference ๐Ÿคทโ€โ™‚๏ธ...
 
Yaaas, I'm lovin' this move by Governor Newsom! $200 million is a huge step towards makin' EVs more accessible and affordable for everyone in Cali ๐Ÿš€๐Ÿ’š! I think it's so cool that they're focusin' on newer models too - it's gonna be awesome to see all these fresh EVs hit the roads and help reduce our carbon footprint ๐Ÿ’จ. Can't wait to see the impact this initiative has on California's energy landscape ๐ŸŒž!
 
omg what a game changer! $200 million is a huge amount and i'm all about it ๐Ÿค‘ like how many ppl can afford new evs tho? prob not most of us lol but still its a step in the right direction...i remember when evs were so expensive now they're getting more affordable ๐Ÿ˜Š and 30% of auto sales are electric whoa that's progress! ๐Ÿš€
 
omg $200 million is a lot of money ๐Ÿค‘ i wonder if they'll actually make EVs more affordable, like will it be enough? ๐Ÿ˜• my friend just got a new hybrid car and she's super happy about it ๐Ÿ’š but i still want to get an electric one, can't wait to see what kind of cars will be available at that price point ๐ŸŽ‰ btw do you think they'll make Tesla more expensive since there is less gov support? ๐Ÿค”
 
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