Tag Archives: electric car tax credit

It looks like the anti-electric car lobby is at it again.  A recent editorial in the Wall Street Journal decried the desire of Congress to expand electric car subsidies “to the affluent”.  Sadly the short editorial only regurgitated a handful of easily disproven bullet points that sounded suspiciously like propaganda …

On Wednesday, a bipartisan group of U.S. lawmakers introduced legislation to extend the electric car tax credits for buyers of hybrid and electric vehicles.  The Driving America Forward Act looks to expand the electric vehicle tax credit by an additional 400,000 vehicles per manufacturer, giving companies like Tesla and General …

Today the decision is final! The new tax bill has passed the vote in Congress and will be signed into the law by President Trump shortly. The big win for the electric car industry is that this bill did not repeal the EV tax credit of up to $7,500 for …

There is no doubt that if the electric car federal tax credit will be repealed and take effect on January 1, 2018 it will hurt the sales of electric cars in the United States. It may be yet another kick in the butt to those auto makers who have been …