(Bloomberg/Eliyahu Kamisher, Keith Laing and Kara Carlson) With President Donald Trump set to ax a key electric vehicle tax credit next month, California Governor Gavin Newsom has yet to advance his highly touted proposal to restart the states own EV subsidies, according to people familiar with the discussions.
To provide a safeguard for EV buyers and the industry, Newsom last year pledged to renew a state program that provided up to $7,500 in rebates for zero-emission vehicles if Trump ended a similar federal tax credit. After Trump signed his One Big Beautiful Bill last month, the federal credits are set to expire on Sept. 30.
But Newsom has yet to present a plan to legislative leaders who control Californias finances, according to a person familiar with the discussions. Inside the governors office, officials are engaged in early talks about restoring a subsidy, including whether the state can match the federal EV credit dollar-for-dollar or offer a lower amount, according to another person. The states previous subsidy program ended in 2023.
The pledge to restore it, which was one of Newsoms first major policy responses to Trump winning a second term in office, has receded from public attention while the governor spars with the president over immigration raids, trade policy and higher-education funding.
The pending expiration of federal rebates sets the stage for a nationwide rush of EV buying before the $7,500 federal credit expires. Tesla Inc., which has a significant manufacturing facility and offices in California, and Rivian Automotive Inc. and Lucid Group Inc., which are headquartered in the state, all noted in recent earnings calls that theyre expecting the third quarter to be their strongest this year.
Advocates say theyre hoping states across the country will step in to fill the void left by Trumps elimination of the subsidy. California, the countrys largest car market, is viewed as crucial to that effort.
If nothing is announced about states future plans, youre likely to see a dip in the fourth quarter, said Corey Cantor, research director at the Zero Emission Transportation Association, which lobbies for EV-friendly policies.
In a July letter, a coalition of industry advocates, including Rivian and the charging infrastructure company Terrawatt, called on Newsom to provide a stabilizing counterforce to recent federal shocks to the zero-emissions industry. The groups want California to reinstate the EV rebates and expand the eligibility to wealthier buyers.
Rivian said it hopes California will have an EV rebate in place to boost sales of its more affordable SUV model slated to be on the market in the first half of 2026, a company spokesperson said.
Newsoms initial proposal, introduced before Trump took office in January, sought to restore a program that expired in 2023 after distributing $1.5 billion in rebates, nearly half of which went toward Tesla purchases. However, funding uncertainties and legislative support were always significant concerns. Tesla Chief Executive Officer Elon Musk called the proposal insane after Newsoms office suggested it could include market-share restrictions that would essentially exclude Tesla from a renewed subsidy in favor of smaller automakers.
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 in November. Were not turning back on a clean transportation future were going to make it more affordable for people to drive vehicles that dont pollute.
Potential Avenue
Now lawmakers and advocates are hashing out plans to extend the states cap-and-trade program past the 2030 sunset date as a potential avenue for funding EV subsidies. The program, a cornerstone of Californias efforts to fight climate change, has raised roughly $33 billion for environmental programs by forcing large polluters to pay for carbon emissions while adding about 23 cents to the price of a gallon of gasoline in the state.
While cap-and-trade could be the funding source for an EV subsidy, money for the program could be limited. Newsom and lawmakers already committed $1 billion annually C about a quarter of the programs yearly revenue C to the states high-speed rail project and tapped the climate fund for firefighting crews. That leaves climate-change groups, public transit agencies, electric vehicle advocates and others lobbying for the remaining dollars.
We continue to work with our legislative partners and leadership to advance the joint effort announced in April to extend the states Cap-and-Invest program, Newsoms office said in a statement. Pending these discussions, this could include new zero-emission vehicle incentives.
Lawmakers return to Sacramento on Aug. 18, just six weeks before the federal EV program run out, with an agenda that includes a politically charged push to redraw Californias congressional maps if Texas moves ahead with its own redistricting. Newsom signed the states $321 billion budget for fiscal 2026 in June, closing a $12 billion shortfall, meaning any new immediate EV incentive program would have to be funded outside the regular budget process.
Whether California renews its electric vehicle rebate could meaningfully lift the market for EVs, said Joseph Yoon, a consumer insights analyst at Edmunds. These programs have been important at driving EV adoption, and in places incentives continue to exist or get expanded out it may be a little bit of relief, said Yoon.
In the first half of the year, EVs accounted for 19.5% of all vehicles registrations, according to a report from the California New Dealers Association, down slightly from the 21.4% of sales for the same period a year prior.
Tesla, the largest seller of EVs in the state, has seen a sharper sales slump, including an 18.3% year-over-year drop in California sales in the first half of the year, as the company faced consumer backlash over Musks political activity and increased competition for its aging lineup.
CWith assistance from Andrew Oxford.
More stories like this are available on bloomberg.com
082025 Bloomberg L.P.
（彭博社/埃利亚胡·卡米舍、基思·莱恩和卡拉·卡尔森）据知情人士透露，随着美国总统唐纳德·特朗普计划下月取消一项关键的电动汽车税收抵免政策，加州州长加文·纽森仍未推进其备受吹捧的提案，以重启该州自己的电动汽车补贴计划。
为保障电动车购买者和行业的权益，加州州长纽瑟姆去年承诺重启一项州级计划：若特朗普终止类似的联邦税收抵免政策，该计划将为零排放车辆提供高达7500美元的返利。随着特朗普上月签署《宏大美丽法案》，联邦税收抵免政策将于9月30日正式失效。
据知情人士透露，加州州长纽瑟姆尚未向掌控该州财政的立法机构领导人提交具体计划。另有一位消息人士称，州长办公室内部正就恢复补贴进行初步讨论，内容包括加州是否能够按一比一比例匹配联邦电动汽车税收抵免额度，或提供较低金额。该州上一轮补贴计划已于2023年终止。
纽瑟姆州长在特朗普赢得连任后，将恢复该计划作为其首要政策回应之一，但随着他与总统在移民突袭、贸易政策和高等教育资金等问题上的争执，这一承诺已逐渐淡出公众视野。
随着联邦补贴政策即将到期，全美范围内正掀起一场抢购电动汽车的热潮，消费者争相在7500美元联邦税收抵免终止前完成购车。特斯拉公司在加利福尼亚州设有大型制造基地及办公机构，而里维安汽车公司和路西德集团总部均位于该州。这三家企业在近期财报电话会议中均表示，预计第三季度将成为其今年业绩最强劲的季度。
支持者表示，他们希望美国各州能够介入，填补特朗普取消补贴后留下的空缺。作为全美最大的汽车市场，加利福尼亚州被视为这项努力的关键所在。
零排放运输协会研究主管科里·坎托表示，如果各州不公布未来计划，“第四季度可能会出现下滑。”该协会致力于游说制定有利于电动汽车的政策。
在7月的一封信中，包括电动汽车制造商Rivian和充电基础设施公司Terrawatt在内的行业倡导联盟呼吁加州州长纽森"为零排放行业近期受到的联邦政策冲击提供稳定平衡力"。这些团体希望加州恢复电动汽车补贴政策，并将补贴资格扩大至高收入购车群体。
Rivian公司发言人表示，希望加州能推出电动汽车补贴政策，以促进其价格更亲民的SUV车型销量，该车型计划于2026年上半年上市。
纽瑟姆最初在特朗普1月就职前提出的方案，旨在恢复一项已于2023年到期的退税计划。该计划此前发放了15亿美元返利，其中近半数用于特斯拉购车补贴。但资金不确定性和立法支持始终是重大隐忧。当纽瑟姆办公室暗示新方案可能包含市场份额限制条款——这将实质上把特斯拉排除在续期补贴之外以扶持小型车企时，特斯拉首席执行官埃隆·马斯克斥该提案『荒谬至极』。
纽瑟姆在11月表示："如果特朗普政府取消联邦税收抵免政策，我们将采取干预措施，进一步强化对加州清洁空气和绿色就业的承诺。我们不会放弃清洁交通的未来——相反，我们将让更多人能够负担得起无污染车辆的驾驶。"
潜力之路
目前立法者与倡议人士正商讨将加州碳排放限额交易计划延长至2030年截止日期之后，以此作为电动汽车补贴资金的潜在来源。该计划是加州应对气候变化的基石举措，通过强制大型污染企业为碳排放付费，已为环保项目筹集约330亿美元，同时导致该州每加仑汽油价格上涨约23美分。
尽管碳排放交易计划可能成为电动汽车补贴的资金来源，但该项目的资金可能有限。州长纽瑟姆（Newsom）和立法者已承诺每年拨款10亿美元（约占该计划年收入的四分之一）用于该州的高速铁路项目，并动用了气候基金支付消防人员费用。这使得气候变化组织、公共交通机构、电动汽车倡导者和其他团体不得不为剩余资金展开游说。
加州州长纽瑟姆（Newsom）办公室在声明中表示："我们将继续与立法合作伙伴及领导层共同努力，推进今年四月宣布的延长该州‘总量控制与投资计划’（Cap-and-Invest program）的联合行动。根据当前讨论进展，可能包括针对零排放汽车的新激励措施。"
加州议员将于8月18日返回萨克拉门托，此时距离联邦电动汽车计划到期仅剩六周。议程中包含一项政治敏感动议：若得克萨斯州推进其选区重划计划，加州将同步推动国会选区地图的重新划分。州长纽瑟姆已于6月签署了加州2026财年3.21万亿美元的预算案，填补了120亿美元的赤字缺口，这意味着任何新的电动汽车即时激励计划都需通过常规预算程序之外的渠道筹措资金。
埃德蒙兹公司消费者洞察分析师约瑟夫·尹（Joseph Yoon）表示，加利福尼亚州是否延续电动汽车返利政策，可能对电动车市场产生显著提振作用。尹指出：“这类激励计划对推动电动车普及至关重要，在那些持续保留或扩大补贴的地区，市场压力或能稍获缓解。”
根据加州新车经销商协会的报告，今年上半年电动汽车占所有车辆注册量的19.5%，较去年同期21.4%的销量占比略有下降。
作为该州最大的电动汽车销售商，特斯拉遭遇了更为严重的销量下滑。今年上半年，该公司在加利福尼亚州的销售额同比下降了18.3%。这主要是由于消费者对马斯克政治活动的强烈反对，以及其产品阵容老化所面临的日益激烈的竞争所致。
在安德鲁·牛津的协助下完成。
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