Who wants to kill the electric car again?
7 years, 4 months ago

Who wants to kill the electric car again?

Salon  

Senate Republicans rolled out their version of a tax reform bill last week, and unfortunately, it's working from the same idea as the House version: Slash taxes for the rich and corporations and attempt to pay for it by increasing the deficit and jacking up effective tax rates on middle-class families. As Salon reported earlier this month, Senate Republicans are using possible tax cuts, and the resulting need to pump up government revenues, as an excuse to open up oil drilling in the Arctic National Wildlife Refuge, even though all available evidence suggests that the money generated under current oil prices would be a comically tiny pittance. "There is no question that the potential elimination or phase-out of the electric vehicle tax credit will impact the choices of prospective buyers and make it more challenging for manufacturers to comply with electric vehicle mandates in 10 states," reads a statement issued by Auto Alliance, which represents a consortium of major manufacturers, including Ford, General Motors, BMW and Volkswagen. But she added that the average electric vehicle is still slightly more expensive at the point of purchase than a conventional vehicle, describing the federal tax credit as "a helpful incentive for American consumers to make that switch to these cleaner vehicles that have so many benefits.” The reality, Coplon-Newfield said, is that the government needs to do more to encourage consumers to make the switch — and not just because electric cars emit far fewer air pollutants and greenhouse gases than gasoline-powered engines. The ostensible reason for ending the electric vehicle tax credit would be to increase government revenue to pay for the corporate tax cuts Republicans desperately desire.

History of this topic

Third of electric drivers considering going back to fuel cars as tax benefits disappear
6 days, 10 hours ago
Car owners say "no" to electric vehicles as subsidies stop
1 week, 6 days ago
EV switching blueprint? The European country where 90% of new cars are already electric
1 month ago
Norway nears 100% goal of all-electric cars
1 month, 3 weeks ago
What’s next for EVs as Trump moves to revoke Biden-era incentives?
2 months, 1 week ago
The case for subsidizing electric vehicles
2 months, 3 weeks ago
Letters to the Editor: Is the EV tax credit just a subsidy for the wealthy? Readers debate
2 months, 3 weeks ago
Electric cars took 89% of Norway market in 2024
2 months, 4 weeks ago
Editorial: Five reasons to keep the federal tax credit for electric vehicles
Trending News
3 months ago
Opinion: The case for killing the tax credit for electric vehicles
3 months ago
Thinking of buying an EV? You might want to move quickly
3 months ago
Charging ahead or falling behind? Independent readers debate the UK’s electric vehicle dilemma
3 months, 3 weeks ago
Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits
4 months ago
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4 months ago
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4 months, 1 week ago
The EV Buyer’s Guide to an Uncertain Future
4 months, 1 week ago
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4 months, 2 weeks ago
Trump’s transition team aims to kill Biden EV tax credit in US: Report
4 months, 2 weeks ago
House backs measure to overturn Biden auto emissions rule that Republicans say would force EV sales
6 months, 1 week ago
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6 months, 3 weeks ago
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7 months, 2 weeks ago
Editorial: Trump and oil companies are lying to you about electric cars to serve their own interests
8 months, 1 week ago
Trump vows to axe Biden’s electric car mandate on ‘day one’
8 months, 1 week ago
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8 months, 2 weeks ago
5 takeaways from Biden's tariff hikes on Chinese electric vehicles
10 months, 2 weeks ago
US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
10 months, 3 weeks ago
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11 months, 2 weeks ago
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1 year ago
Biden administration revs up plans to transition from gas-powered vehicles to EVs
1 year ago
Electric Vehicle Sales Growth Is Slowing Globally. Here’s Why
1 year, 1 month ago
For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit
1 year, 2 months ago
For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit
1 year, 2 months ago
More electric vehicles lose tax credits due to battery sourcing rules in US
1 year, 2 months ago
New US rules, aimed at curbing China, could make it harder for EV buyers to claim a full tax credit
1 year, 3 months ago
The EPA’s ambitious plan to cut auto emissions to slow climate change runs into skepticism
1 year, 7 months ago
The EPA's ambitious plan to cut auto emissions to slow climate change runs into skepticism
1 year, 7 months ago
Electric cars could be crucial for the EU to meet its climate goals
1 year, 8 months ago
Why Britain’s electric cars risk driving into a ‘massive black hole’
1 year, 9 months ago
The easiest way to get a $7,500 tax credit for an electric vehicle? Consider leasing.
1 year, 10 months ago
Editorial: Only a few EVs made the tax credit list. That’s bad news for the climate
1 year, 11 months ago
See the EVs eligible for tax credits - and why most aren’t
1 year, 11 months ago
New US tax credit rules narrow the list of eligible EVs
1 year, 11 months ago
Stiff EPA emission limits to boost US electric vehicle sales
1 year, 11 months ago
EPA proposes strict emission limits to boost US electric vehicle sales
1 year, 11 months ago
EPA pollution limits aim to boost US electric vehicle sales
1 year, 11 months ago
EPA pollution limits aim to boost U.S. electric vehicle sales
1 year, 11 months ago
Editorial: EPA wants to speed up EV switch. Good, the planet needs it
1 year, 11 months ago
4 in 10 say next vehicle may be electric: AP-NORC/EPIC poll
1 year, 11 months ago
AP sources: EPA car rule to push huge increase in EV sales
1 year, 11 months ago
Letters to the Editor: EV tax credits aren’t perfect, but Biden’s progress on them is worth praising
1 year, 11 months ago

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