California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit. Gov.

California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump's incoming administration does away with a federal tax credit for electric vehicles.

Gavin Newsom could spend more than $3 billion a year to subsidise zero emission vehicles after promising to reimburse Californians if Donald Trump phases out the $7,500 tax credit.