California, EV
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With federal incentives gone, California is opening its own wallet to keep electric car buyers interested. Gov. Gavin Newsom signed legislation Monday creating a $270 million rebate program that is expected to launch later this summer.
California Governor Gavin Newsom signed new legislation offering $3,500 state rebates on new electric vehicles costing up to $50,000 for first-time buyers. This initiative aims to boost EV sales, facing a slowdown after federal tax credits were revoked.
