Proposed Changes to Federal EV Tax Credit – Part 5: Making the Credit Refundable

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One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. But Congress may actually get something right (well mostly) as among the nine key proposed changes to the tax credit contained in the Clean Energy for America Act (CEAA) is changing the current non-refundable credit into one that is refundable.

Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit (IRC 30D) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In the Clean Energy Act for America (CEAA) proposed legislation, this per manufacturer threshold would be eliminated and replaced with an industry-wide phaseout based on reaching 50% EV sales share.

Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

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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.

Will California Reach 10% EV Sales Market Share By December 2018?

Featured image - California EV sales & market share - 2013-2018

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 […]