California has proposed offering $7,500 state EV tax rebates to residents if Trump kills the federal EV tax credit, Governor Gavin Newsom (D-CA) announced today.
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CATL, the world’s largest battery manufacturer, is considering building a localized plant on US soil, but there’s a big “if.” The company’s chairman said he is open to erecting a US battery facility if President-elect Donald Trump paves the way, despite escalating a trade war with China during his first term.
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A Trump administration official has now announced that they are indeed planning to kill to the federal tax credit for electric vehicles, but they are offering a strange timeline as it is unclear if they even have the power to do it.
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