Trump is stalling EV adoption. Here’s how states can step up.
The federal $7,500 tax credit for new and used electric vehicles is gone, eliminated by legislation the Trump administration signed last year. The administration has also frozen funding for EV charging infrastructure and weakened standards meant to expand the availability of EVs and plug-in hybrids. Meanwhile, gas prices have stayed above $4 a gallon for months, making the cost gap between fueling a gas car and charging an EV wider in most states.
With the federal rebate gone, some states have stepped in with their own incentives. California's new MyFirstEV program offers an instant rebate to first-time EV buyers, funded through a partnership between the state and 13 automakers. Colorado expanded its Vehicle Exchange Colorado program, which now offers up to $15,000 off a new EV through state incentives alone, plus "ReCharge Coaches" who help residents understand what they qualify for. Delaware has a rebate program covering part of the cost to install EV chargers at apartments, condos, and other buildings. In Washington state, a credit union offers below-market loans for new or used EVs.
If you're considering an EV, it's worth checking what your own state currently offers, since incentive programs and rebate amounts vary widely and change often. The federal credit that used to apply nationwide is no longer available, so any savings now depend largely on what your state has put in place to fill that gap.
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