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Behind the Quiet State-by-State Fight Over Electric Vehicles
When Georgia repealed its generous $5,000 tax credit on electric vehicles in July 2015, and instead slapped a $200 registration fee on electric cars, sales quickly tumbled. In the month before the repeal, nearly 1,300 electric vehicles were sold in the state. By August, those sales had all but evaporated — to just 97 cars.
It was a hint of what would come.
Today, the economic incentives that have helped electric vehicles gain a toehold in America are under attack, state by state. In some states, there is a move to repeal tax credits for battery-powered vehicles or to let them expire. And in at least nine states, including liberal-leaning ones like Illinois and conservative-leaning ones like Indiana, lawmakers have introduced bills that would levy new fees on those who own electric cars.
You forget that gas only costs about $2/gallon now. The rewards of driving electric is losing appeal as the US wants bigger cars and you can't build a big electric SUV that would only have a range of 100mi when it only costs $10 to get that 100mi range .
Why do you think taxpayers should subsidize cars for other people? If EVs are a great idea they will succeed in the marketplace without government assistance.
Why do you think taxpayers should subsidize cars for other people? If EVs are a great idea they will succeed in the marketplace without government assistance.
And they don't subsidize SUV's?? You would be wrong. They subsidize them out the wazoo. That's why people can afford them and is why they sell like hotcakes.
They're going to happen regardless of what government does. Genie's out of the bottle.
The advantage of jumping in early is that companies like Tesla, GM and Nissan will have reaped the benefits of EV tax credits.
Companies that procrastinated won't.
I don't think the Fed setup is fair anyway. When the trailblazer's tax credits expire, laggards will be able to jump in and undercut them.
IMO, it should've been set up so the first automaker to some number of sales (let's say 300K) gets the full compliment of credits.
Then everybody's credits start expiring... cut in half in one year, then gone in two years.
And they don't subsidize SUV's?? You would be wrong. They subsidize them out the wazoo. That's why people can afford them and is why they sell like hotcakes.
In what way? Without resorting to "but, but...........roads!!!!!!!!!".
It looks like those who drive gas/diesel vehicles are subsidizing, in addition to any tax credits offered, those who drive EVs.
Until we stop fighting in the Mid East for the stability of oil prices (the primary motivator to be in the ME was cold war desires to keep oil rich nations out of the hands of the Soviets), then we can't talk about "subsidizing" EVs without talking about the large tax breaks for oil companies and government interference in propping up oil companies and our current low prices. To use the analogy of EVs, Oil has been in use for 100 years+. Shouldn't it survive on it's own in the open market without oil company tax breaks and worry about the stability of oil prices in an open market?
Behind the Quiet State-by-State Fight Over Electric Vehicles
When Georgia repealed its generous $5,000 tax credit on electric vehicles in July 2015, and instead slapped a $200 registration fee on electric cars, sales quickly tumbled. In the month before the repeal, nearly 1,300 electric vehicles were sold in the state. By August, those sales had all but evaporated — to just 97 cars.
It was a hint of what would come.
Today, the economic incentives that have helped electric vehicles gain a toehold in America are under attack, state by state. In some states, there is a move to repeal tax credits for battery-powered vehicles or to let them expire. And in at least nine states, including liberal-leaning ones like Illinois and conservative-leaning ones like Indiana, lawmakers have introduced bills that would levy new fees on those who own electric cars.
They are not "under attack. It's just that after all this time it's finally time to have the taxpayers quit subsidizing what are most frequently expensive toys. Best let the industry respond with vehicles people are willing to spend their own money on, rather than other people's money.
Vehicle drivers are reasonably expected to pay at least a large portion of the costs of maintaining the highways the utilize. In the case of fossil fuel powered vehicles, that revenue comes from fuel tax. There are many ways to get EV drivers to pay their share, rather it's "by the mile" or higher annual registrations.
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