California’s New EV Incentive Program
California is poised to implement a new electric vehicle (EV) incentive program that may exclude Tesla from eligibility. The proposed policy seeks to limit incentives based on automakers’ market share, with the aim of bolstering smaller EV manufacturers and promoting competition in the market. This shift represents a significant change in the state’s clean transportation strategy and puts pressure on Tesla, the nation’s largest EV brand, as it navigates a landscape increasingly focused on supporting emerging players in the electric vehicle sector.
