“Without these (federal and state tax) credits, this (electric vehicle) market is likely to crash.” This is the prognostication in a new report from Edmunds, the car information company.
Ouch.
While the report has some great data and analysis, especially regarding the boom and bust electric vehicle (EV) sales situation that occurred in the US state of Georgia, the ultimate conclusion just gets it wrong.
Forbes ran an article on Sunday about how Tesla sales would be at risk if Trump and Ryan chose to attack the Federal EV Tax Credit. The article attempts to conjure images of Tesla past, of a company on the brink of disaster, leaning heavily on the US federal government as its only support amidst troubling times.
Editor’s Note: Steve Cummings, writer of the article below, notes that Bolt sales may be better than projected in this article thanks to the surprisingly longer range GM recently announced. Originally published on the Plugless blog. By Steve Cummings Forecasting the Sunset of the Federal Tax Credit for Electric Vehicles … [continued]
Originally published on EV Obsession. A new survey from the Union of Concerned Scientists and the Consumers Union has revealed that over half of the drivers surveyed in the state of California are likely to consider an electric vehicle for their next vehicle purchase or lease. The recent survey also … [continued]
Originally published on Sustainnovate. The current federal electric vehicle (EV) tax credit program in operation in the US stipulates that once a car manufacturer hits the 200,000 plug-in vehicles sold milestone that the incentives are slowly phased out over the next year and a half or so. Is this approach … [continued]
Tesla Model 3 Buyers Ask, “Will I Get the Federal EV Tax Credit/Rebate?” And We Answer With all the excitement about the upcoming “affordable Tesla” — the Model 3 — one of the questions we’re hearing from many of our readers is, “Will I be able to take advantage of … [continued]
In attempt to get ahead of the thousands of inevitably repeat questions current and potential Tesla Model 3 reservation holders will ask, Tesla went ahead and posted a FAQ sheet for Model 3 reservations. While it doesn’t reveal much that we didn’t know already, it sheds light on a few … [continued]
