EV Fan
11-08-2017, 07:40 PM
http://www.electricvehiclechat.com/sites/default/files/chevy-bolt-620.jpg
Chevrolet Bolt models on a dealership lot in San Leandro, Calif.
The House GOP tax reform bill released last week proposes to wipe out the federal tax credit for electric-vehicle purchases. The credit is worth up to $7,500 for consumers who buy cars that run on battery power and produce little to no tailpipe emissions. If the bill passes, the credit will apply to electric or plug-in hybrid vehicles purchased through the end of 2017—but not beyond that time.
A change in the availability of the tax credit could complicate how manufacturers set EV pricing—to preserve the desirability of electric cars while managing the current price difference between battery-powered vehicles and internal combustion cars. The short-term impact could be increased sales from consumers wanting to purchase an electric car while the tax credit is in effect.
read more (http://www.plugincars.com/gop-tax-bill-threatens-electric-car-tax-credit-133347.html)
http://feeds.feedburner.com/~r/PluginCars/~4/7dHYe7GB8U0
More... (http://feedproxy.google.com/~r/PluginCars/~3/7dHYe7GB8U0/gop-tax-bill-threatens-electric-car-tax-credit-133347.html)
Chevrolet Bolt models on a dealership lot in San Leandro, Calif.
The House GOP tax reform bill released last week proposes to wipe out the federal tax credit for electric-vehicle purchases. The credit is worth up to $7,500 for consumers who buy cars that run on battery power and produce little to no tailpipe emissions. If the bill passes, the credit will apply to electric or plug-in hybrid vehicles purchased through the end of 2017—but not beyond that time.
A change in the availability of the tax credit could complicate how manufacturers set EV pricing—to preserve the desirability of electric cars while managing the current price difference between battery-powered vehicles and internal combustion cars. The short-term impact could be increased sales from consumers wanting to purchase an electric car while the tax credit is in effect.
read more (http://www.plugincars.com/gop-tax-bill-threatens-electric-car-tax-credit-133347.html)
http://feeds.feedburner.com/~r/PluginCars/~4/7dHYe7GB8U0
More... (http://feedproxy.google.com/~r/PluginCars/~3/7dHYe7GB8U0/gop-tax-bill-threatens-electric-car-tax-credit-133347.html)