The federal EV tax credit has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US. The formula, which is based on the size of an EV’s battery pack, rewards OEMs (and their buying consumers) for using larger batteries with no consideration to efficiency (EPA range/kWh) and price.
Here are the electric vehicle-related programs that we can expect the Biden administration to pursue.
California’s Clean Vehicle Rebate Project will see two key changes that could create a small shift in sales across various EV models. When the new vehicle eligibility rules take place beginning on December 3, 2019, 14 currently available electric vehicles will no longer be eligible for the rebates from the state of California.
Want to know how many electric vehicles have been sold in the US by auto manufacturers since the Federal electric vehicle tax credit went into effect since January 1, 2010? Tesla recently confirmed (see my CleanTechnica article) they had passed the 200K sales milestone in the US in July, but did not share actual numbers. […]
California reached an impressive 7.83% EV market share of new vehicle registrations for the month of April 2018. Could California reach 10% by the end of 2018? In short, yes. The new numbers for April are just in from the Alliance of Auto Manufacturers Advanced Technology Sales Dashboard and portend that 2018 could see nearly […]
The survival of the Federal electric vehicle (EV) tax credit is a good thing for the auto industry and consumers, but several flaws in its design will give EV laggard automakers a significant competitive advantage beginning around 2020. As background, the Federal EV tax credit phases out over 5 quarters beginning the quarter following the […]
Up until this morning, there was still strong hope that Congress would not eliminate the Federal electric vehicle tax credit, but a late amendment puts the credit in significant doubt. Or did it? When I woke up this morning I found the text of the Senate bill H.R.1 – Tax Cuts and Jobs Act that […]
While all eyes of electric vehicle advocates and potential future owners are on Washington, D.C. and the fate of the Federal EV tax credit, the race to see whether GM Or Tesla will reach the 200,000 phase-out threshold marches on. Through October 2017 (using sales numbers from Inside EVs), General Motors remains closest to the […]
The House of Representatives tax plan would end the Federal electric vehicle (EV) tax credit while the Senate version of the tax plan announced on November 9 would keep it intact. It is anyone’s guess what the final version of the tax plan will look like and if the tax credit will be saved or […]
In my previous post, The Electric Vehicle Question is Now “When?” Rather Than “If?”, I argued that in 2017 it became abundantly clear that battery-powered electric vehicles were the future of transportation. So if the auto and related industries are not arguing about things like hydrogen fuel cell versus battery electric propulsion – what topics and debates […]