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Gov Incentive for Purchase of EVs
Posted on 10/1/21 at 9:44 am
Posted on 10/1/21 at 9:44 am
Somewhat overlooked in the $3.5T (or maybe $5.5T) Reconciliation Bill are provisions to give an extra $4,500 to purchasers of EVs manufactured in union plants, which would total as much as $12,500 incentives. This would discourage purchase of Teslas and other EVs manufactured in right to work states.
arc Technica
arc Technica
18
Posted on 10/1/21 at 9:46 am to blueridgeTiger
Spend trillions and get a few thousand back?? More government social engineering…awesome
Posted on 10/1/21 at 9:47 am to blueridgeTiger
Anyone buying one of these may get a shock, no pun intended.
Previous credits for such cars were non-refundable and a number of people buying them had such a low amount of tax due that they didn’t get anything back on them.
Add into that the reality that you are going to have to change a massive battery every several years and those “incentives” aren’t as good as you think.
Previous credits for such cars were non-refundable and a number of people buying them had such a low amount of tax due that they didn’t get anything back on them.
Add into that the reality that you are going to have to change a massive battery every several years and those “incentives” aren’t as good as you think.
Posted on 10/1/21 at 9:47 am to blueridgeTiger
this just in
EV MSRP just went up by $4,500
EV MSRP just went up by $4,500
Posted on 10/1/21 at 9:47 am to blueridgeTiger
I'm sure the automaker won't take this into account and hike up the price since they are an honest industry
Posted on 10/1/21 at 9:49 am to blueridgeTiger
Who cares? The Bill isn't going to cost us anything.
Joe said so.
Joe said so.
Posted on 10/1/21 at 9:53 am to ehidal1
quote:
Spend trillions and get a few thousand back?? More government social engineering…awesome
And then impose a mileage tax which wipes out any advantage of driving an EV.
Posted on 10/1/21 at 9:54 am to Centinel
i was told the trillions in spending was free? 
Posted on 10/1/21 at 9:54 am to blueridgeTiger
I can see applying the credit for all domestically manufactured EV’s, but union only is kind of bullshite. That’s giving Ford an advantage that Toyota, Tesla, and VW won’t get.
Posted on 10/1/21 at 9:55 am to teke184
quote:
Add into that the reality that you are going to have to change a massive battery every several years and those “incentives” aren’t as good as you think.
They typically last a lot longer than several years. But it is a cost that you should prepare for as an EV owner.
They are remedying that by applying so many emissions restrictions on gas and diesel vehicles that they will become unreliable and costly to own. That’s the game plan.
Posted on 10/1/21 at 9:56 am to ehidal1
quote:
More government social engineering
It’s corruption, not social engineering.
It’s a payoff to the union leadership.
Posted on 10/1/21 at 9:57 am to blueridgeTiger
I wish Louisiana would ban EV’s
Posted on 10/1/21 at 9:58 am to blueridgeTiger
quote:
to purchasers of EVs manufactured in union plants
This is bullshite.
Posted on 10/1/21 at 9:59 am to SportsGuyNOLA
quote:
I wish Louisiana would ban EV’s
And ethanol
Posted on 10/1/21 at 10:00 am to TDTOM
quote:
This is bullshite.
This is progressivism.
Posted on 10/1/21 at 10:11 am to Centinel
quote:
This is progressivism.
True, but I am not even sure how that is legal.
Posted on 10/1/21 at 10:19 am to TDTOM
quote:
True, but I am not even sure how that is legal.
Democrats decide what is legal and what is not. That's the cornerstone of Biden's administration.
If they want to do it, it's legal.
Posted on 10/1/21 at 10:24 am to teke184
quote:
Add into that the reality that you are going to have to change a massive battery every several years and those “incentives” aren’t as good as you think.
I mean most of them are covered under warranty for 8-10 years. And the cost to replace the battery is likely to be less than the routine maintenance cost on a IC vehicle over that time period.
Posted on 10/1/21 at 10:25 am to SportsGuyNOLA
quote:
I wish Louisiana would ban EV’s
Why?
Posted on 10/1/21 at 10:30 am to UpToPar
quote:
I mean most of them are covered under warranty for 8-10 years. And the cost to replace the battery is likely to be less than the routine maintenance cost on a IC vehicle over that time period.
99% of the people on here just regurgitate what they see shared on Facebook. There are only a couple people around here who can have an intelligent conversation about battery degradation. Don’t get your hopes up about using logic to sway anyones opinion.
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