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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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<blockquote data-quote="Babagounj" data-source="post: 5360650" data-attributes="member: 12952"><p>When is an EV Tax Credit not a real tax credit ?</p><p></p><p>[URL unfurl="true"]https://ussanews.com/2022/08/09/most-electric-vehicles-will-not-qualify-for-7500-tax-credit/[/URL]</p><p></p><p>“The $7,500 credit might exist on paper, but no vehicles will qualify for this purchase incentive over the next few years,” <a href="https://www.autosinnovate.org/posts/blog/what-if-no-evs-qualify-for-the-ev-tax-credit" target="_blank">Alliance for Automotive Innovation </a>, which <a href="https://straightarrownews.com/cc/gm-to-spend-7b-on-electric-truck-battery-cell-production/" target="_blank">represents GM</a>, Toyota and Volkswagen, <a href="https://www.autosinnovate.org/posts/blog/what-if-no-evs-qualify-for-the-ev-tax-credit" target="_blank">CEO John Bozzella said</a>.</p><p>Bozzella said 70% of current EV models sold in the U.S. would be immediately ineligible, increasing to 100% as the requirements become more strict.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5360650, member: 12952"] When is an EV Tax Credit not a real tax credit ? [URL unfurl="true"]https://ussanews.com/2022/08/09/most-electric-vehicles-will-not-qualify-for-7500-tax-credit/[/URL] “The $7,500 credit might exist on paper, but no vehicles will qualify for this purchase incentive over the next few years,” [URL='https://www.autosinnovate.org/posts/blog/what-if-no-evs-qualify-for-the-ev-tax-credit']Alliance for Automotive Innovation [/URL], which [URL='https://straightarrownews.com/cc/gm-to-spend-7b-on-electric-truck-battery-cell-production/']represents GM[/URL], Toyota and Volkswagen, [URL='https://www.autosinnovate.org/posts/blog/what-if-no-evs-qualify-for-the-ev-tax-credit']CEO John Bozzella said[/URL]. Bozzella said 70% of current EV models sold in the U.S. would be immediately ineligible, increasing to 100% as the requirements become more strict. [/QUOTE]
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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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