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

EV Adoption

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). On the flip side, however, the recent Bolt battery fires and recall could scare many potential buyers away.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Glad to see the variety & availability of electic commuter cars (vs hybrids & PHEV) is rising. Since most families have at least two cars now, I foresee an electric commuter car and an ICE road trip car (you know, an Escalade or Dodge Ram crew cab ;o) in the future.