Federal EV Credit Ends; California Sends Climate Refunds

Californians are racing to claim the federal EV tax credit before the Sept. 30 deadline, emptying dealership lots as buyers seek rebates worth up to $7,500 for new electric vehicles and $4,000 for used models. Supporters point to environmental and long-term cost benefits and broad model availability, while critics note lingering concerns about charging infrastructure and long-distance travel. The Trump administration canceled the federal credit and Gov. Gavin Newsom said he will not provide state funding to replace it. Separately, Newsom announced more than 11.5 million California households will automatically receive October payments through the California Climate Credit—more than $700 million for residential customers and $60 million for qualifying small businesses. Most households can expect $56–$81 (average about $61) with refunds ranging $35–$259, and residents do not need to take action to receive the credit. The Climate Credit, part of the state's cap-and-invest program managed by the California Air Resources Board, has returned $14.6 billion since 2014 and is set to expand with up to $60 billion allocated through 2045.