California Governor Gavin Newsom has confirmed that the state won’t be offering incentives on EVs after the September 30 deadline for the $7,500 Federal EV Credit.
‘Sold Us Out,’ Gavin Newsom Says
Newsom slammed General Motors Co. (NYSE:GM) as well as its CEO, Mary Barra, for lobbying against California’s EV mandate, which aimed at phasing out ICE-powered vehicles by 2035, GM Authority reported on Tuesday. “GM sold us out. Mary Barra sold us out,” Newsom said.
Newsom also confirmed that the state’s bespoke EV incentives, which it planned on offering to boost EV adoption via “backfill” after the September 30 deadline, wouldn’t be possible. “We can’t make up for federal vandalism of those tax credit,” Newsom said, adding that the state …