As the incoming Trump administration prepares to make aggressive cuts to government spending, one major provision of the landmark Inflation Reduction Act appears to be on the chopping block: the consumer tax credit for purchasing an electric vehicle.

California's governor has proposed offering $7,500 state EV tax rebates to residents if Trump kills the federal EV tax credit.

Previously, it was unclear how forcefully the industry would advocate for tax incentives under the Inflation Reduction Act.