The Senate version keeps the existing EV tax credit unchanged.Are they extending it beyond to 200K limit or will GM/Tesla/Nissan still get hit with the phase out??????
Yes, but after I take delivery of my Tesla.They should eliminate the existing credit, and replace it with a point of sale discount of around $3500 that slowly phases out at the same rate for all brands. Eliminate the benefit of coming late to the party.
Why should American taxpayers subsidize Toyota and Honda at the expense of GM and Tesla? The credits for GM, Tesla and Nissan, who made the investment in EVs long before they were cost effective will run out next year. Meanwhile Honda and Toyota had to be dragged kicking and screaming into the EV generation by China. It wasn't until this year that either of them had an EV offering and most of their offerings are half assed, the Prius Prime has 25 miles of range and the acceleration of a Galapagos tortoise, the Honda Clarity plugin is reasonable but the Clarity plugin isn't competitive with a gen 1 Leaf let alone the Bolt or the Gen2 Leaf, why should they be given an advantage over GM?Why not keep the tax credit, unchanged, or make it even higher? A $9,000 credit would be nicer. Either way I think it's important the credit be maintained at the current level minimally. Let's contact our representatives to voice our support.