The China Mail - California vows to step in if Trump kills US EV tax credit

USD -
AED 3.673042
AFN 72.04561
ALL 90.426454
AMD 393.432155
ANG 1.790208
AOA 916.000367
ARS 1081.039361
AUD 1.654807
AWG 1.8
AZN 1.70397
BAM 1.784082
BBD 2.031653
BDT 122.253136
BGN 1.784538
BHD 0.376648
BIF 2990.649943
BMD 1
BND 1.345222
BOB 6.952794
BRL 5.844604
BSD 1.006157
BTN 85.842645
BWP 14.014139
BYN 3.292862
BYR 19600
BZD 2.021163
CAD 1.42275
CDF 2873.000362
CHF 0.861746
CLF 0.0249
CLP 955.539339
CNY 7.28155
CNH 7.295041
COP 4181.710376
CRC 509.007982
CUC 1
CUP 26.5
CVE 100.583808
CZK 23.045604
DJF 179.18358
DKK 6.808204
DOP 63.5439
DZD 133.249715
EGP 50.555986
ERN 15
ETB 132.622212
EUR 0.91245
FJD 2.314904
FKP 0.773571
GBP 0.776488
GEL 2.750391
GGP 0.773571
GHS 15.595895
GIP 0.773571
GMD 71.503851
GNF 8707.867731
GTQ 7.765564
GYD 210.508552
HKD 7.77455
HNL 25.744128
HRK 6.871704
HTG 131.657925
HUF 370.410388
IDR 16745
ILS 3.74336
IMP 0.773571
INR 85.53285
IQD 1318.129989
IRR 42100.000352
ISK 132.170386
JEP 0.773571
JMD 158.686431
JOD 0.708904
JPY 146.93504
KES 130.052452
KGS 86.768804
KHR 4028.278221
KMF 450.503794
KPW 900.005694
KRW 1459.510383
KWD 0.30779
KYD 0.838495
KZT 510.166477
LAK 21794.298746
LBP 90155.803877
LKR 298.335234
LRD 201.240593
LSL 19.187412
LTL 2.95274
LVL 0.60489
LYD 4.866591
MAD 9.582851
MDL 17.779704
MGA 4665.906499
MKD 56.132269
MMK 2099.475321
MNT 3509.614285
MOP 8.055188
MRU 40.127708
MUR 44.670378
MVR 15.403739
MWK 1744.766249
MXN 20.436704
MYR 4.437039
MZN 63.910377
NAD 19.187412
NGN 1532.820377
NIO 37.026226
NOK 10.768404
NPR 137.348233
NZD 1.787151
OMR 0.384721
PAB 1.006249
PEN 3.697332
PGK 4.15325
PHP 57.385038
PKR 282.466317
PLN 3.890545
PYG 8066.59065
QAR 3.667868
RON 4.542038
RSD 106.86431
RUB 84.834664
RWF 1450.034208
SAR 3.751392
SBD 8.316332
SCR 14.340707
SDG 600.503676
SEK 9.992304
SGD 1.345604
SHP 0.785843
SLE 22.750371
SLL 20969.501083
SOS 575.051311
SRD 36.646504
STD 20697.981008
SVC 8.804561
SYP 13002.413126
SZL 19.194527
THB 34.412038
TJS 10.95252
TMT 3.5
TND 3.081231
TOP 2.342104
TRY 37.964804
TTD 6.815964
TWD 33.177504
TZS 2691.721779
UAH 41.414641
UGX 3677.993158
UYU 42.563284
UZS 13000.684151
VES 70.161515
VND 25805
VUV 123.08598
WST 2.809233
XAF 598.364424
XAG 0.033794
XAU 0.000329
XCD 2.70255
XDR 0.744173
XOF 598.364424
XPF 108.789054
YER 245.650363
ZAR 19.130375
ZMK 9001.203587
ZMW 27.896921
ZWL 321.999592
  • RBGPF

    69.0200

    69.02

    +100%

  • JRI

    -0.8600

    11.96

    -7.19%

  • SCS

    -0.0600

    10.68

    -0.56%

  • RELX

    -3.2800

    48.16

    -6.81%

  • CMSD

    0.1600

    22.83

    +0.7%

  • GSK

    -2.4800

    36.53

    -6.79%

  • BTI

    -2.0600

    39.86

    -5.17%

  • NGG

    -3.4600

    65.93

    -5.25%

  • RIO

    -3.7600

    54.67

    -6.88%

  • BCE

    0.0500

    22.71

    +0.22%

  • VOD

    -0.8700

    8.5

    -10.24%

  • BCC

    0.8100

    95.44

    +0.85%

  • RYCEF

    -1.5500

    8.25

    -18.79%

  • BP

    -2.9600

    28.38

    -10.43%

  • AZN

    -5.4600

    68.46

    -7.98%

  • CMSC

    0.0300

    22.29

    +0.13%

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.

U.Chen--ThChM