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

USD -
AED 3.672504
AFN 66.503991
ALL 80.629676
AMD 365.091035
AOA 917.000367
ARS 1491.937897
AUD 1.417435
AWG 1.80125
AZN 1.70397
BAM 1.691649
BBD 2.00813
BDT 123.418242
BHD 0.375989
BIF 2985.079791
BMD 1
BND 1.277602
BOB 11.849673
BRL 5.083304
BSD 0.997016
BTN 94.875232
BWP 13.457596
BYN 2.968819
BYR 19600
BZD 2.00519
CAD 1.39545
CDF 2262.50392
CHF 0.80949
CLF 0.023206
CLP 913.315746
CNY 6.747604
CNH 6.743285
COP 3142.844787
CRC 453.228387
CUC 1
CUP 26.5
CVE 95.372573
CZK 20.982104
DJF 177.546166
DKK 6.46804
DOP 58.20179
DZD 132.308956
EGP 49.555853
ERN 15
ETB 160.923669
EUR 0.86495
FJD 2.20855
FKP 0.740916
GBP 0.742583
GEL 2.610391
GGP 0.740916
GHS 11.700039
GIP 0.740916
GMD 73.503851
GNF 8756.649224
GTQ 7.607144
GYD 208.588851
HKD 7.84315
HNL 26.723176
HRK 6.518804
HTG 130.363707
HUF 314.060388
IDR 17801
ILS 2.99985
IMP 0.740916
INR 95.210504
IQD 1306.058902
IRR 1375550.000352
ISK 123.340386
JEP 0.740916
JMD 158.335856
JOD 0.70904
JPY 157.80604
KES 129.014401
KGS 87.450384
KHR 4049.647537
KMF 426.00035
KRW 1407.860383
KWD 0.30866
KYD 0.830861
KZT 467.275008
LAK 22510.919863
LBP 89282.792025
LKR 334.420274
LRD 179.959348
LSL 16.197552
LTL 2.95274
LVL 0.60489
LYD 6.341738
MAD 9.29222
MDL 17.337716
MGA 4254.638239
MKD 53.215413
MMK 2099.750695
MNT 3597.347644
MOP 8.056654
MRU 40.080439
MUR 47.070378
MVR 15.450378
MWK 1728.841413
MXN 17.13645
MYR 4.090104
MZN 63.905039
NAD 16.197552
NGN 1364.860377
NIO 36.690741
NOK 9.51237
NPR 151.800372
NZD 1.701115
OMR 0.382693
PAB 0.997016
PEN 3.376465
PGK 4.406003
PHP 60.705038
PKR 276.796523
PLN 3.719205
PYG 5928.296501
QAR 3.644596
RON 4.536304
RSD 101.492021
RUB 81.598409
RWF 1466.072741
SAR 3.755591
SBD 8.065696
SCR 14.449077
SDG 600.503676
SEK 9.480804
SGD 1.278038
SLE 24.603667
SOS 569.822255
SRD 37.866504
STD 20697.981008
STN 21.191022
SVC 8.723782
SZL 16.194265
THB 33.050369
TJS 9.197509
TMT 3.51
TND 2.929032
TRY 47.697504
TTD 6.757774
TWD 32.250604
TZS 2639.622886
UAH 44.653894
UGX 3714.050945
UYU 40.133201
UZS 11924.058297
VES 755.762404
VND 26204.5
VUV 119.414824
WST 2.733661
XAF 567.363231
XAG 0.015731
XAU 0.00023
XCD 2.70255
XCG 1.796912
XDR 0.705618
XOF 567.363231
XPF 103.152705
YER 238.403589
ZAR 16.14632
ZMK 9001.203584
ZMW 18.818492
ZWL 321.999592
  • BCC

    2.3400

    86.6

    +2.7%

  • CMSC

    0.0240

    21.744

    +0.11%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • RIO

    1.4500

    101.1

    +1.43%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • JRI

    0.1500

    12.81

    +1.17%

  • RELX

    0.0485

    35.52

    +0.14%

  • NGG

    0.4700

    80.88

    +0.58%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • GSK

    0.7900

    52.96

    +1.49%

  • VOD

    0.1900

    16.19

    +1.17%

  • BP

    -0.6000

    41.63

    -1.44%

  • BTI

    0.6000

    59.33

    +1.01%

  • AZN

    1.4100

    161.42

    +0.87%

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