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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). By our EVAdoption estimates, the next manufacturer to reach 200,000 is likely to be Toyota in Q2 of 2022.

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2025-2035: Rewriting The Automotive History

Get Electric Vehicle

Some of the cars are faster, luxurious and thrilling while some of them served basic purposes like being efficient and cost-effective. Starting from the humble Model T, the Beetle, Rolls Royces, and the Toyotas, the Fords all have bought massive changes in the industry in one area or another.

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Toyota still has not made any money on the Prius. Glad to see the variety & availability of electic commuter cars (vs hybrids & PHEV) is rising. Hybrids are just car makers attempt to hang onto ICE & also sell expensive high margin vehicles. They will not meet my needs. I don’t want one of those either.