California seeks to fill the gap left by terminated electric vehicle tax credits

Gov. Gavin Newsom (D-CA) will unveil an electric vehicle incentive program next week to offset the termination of federal incentives, with calls to make EVs more affordable for a broader range of consumers. 

The $200 million incentive program is part of the governor’s budget proposal and is designed to accelerate the state’s EV transition. However, some electric vehicle experts said the state’s program should be accessible to people who cannot typically afford an EV.

Loren McDonald, CEO and chief analyst at EV charging data firm Chargeonomics, told the Washington Examiner: “[I]ncentivizing people who buy used vehicles, which is typically two and a half times the number each year, people that buy used cars versus new cars, I think would be really smart because then you can

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