JasonSpangler asked this question in the tax credit thread and since that thread seems to have gone completely off track, I thought this was a good question that wasn't answered and deserved its own thread. Does anyone know what happens? Is it number 199,999 gets $7500 while the next one gets nothing? Or is gradual? I'm looking at buying a new Volt in early 2019 but if the rebate is completely gone I am also going to look at the Mitsubishi Outlander plug in.
Anyone know how the EV tax credit phaseout will work, in detail? I'm considering a 2018 or 2019 Bolt, but if GM hits the 200,000 sales mark sometime this year I'm not sure how much of the credit I'd get (and if it depends on the date I purchase vs the date the 200,000 sales mark is reached).