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flag California launches $200M EV program with automaker matching to replace expired federal credits and boost adoption.

flag California is launching a $200 million electric vehicle incentive program for first-time buyers, requiring automakers to match state funds dollar-for-dollar. flag The initiative aims to offset the loss of federal EV tax credits that expired in September 2024 and will cover upfront costs for new and used EVs under federal price caps. flag Specific incentive amounts remain undetermined, but the program seeks to boost affordability and adoption amid declining sales and federal rollbacks on clean vehicle mandates.

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