Letters to the Editor: Is the EV tax credit just a subsidy for the wealthy? Readers debate
5 days, 22 hours ago

Letters to the Editor: Is the EV tax credit just a subsidy for the wealthy? Readers debate

LA Times  

An electric vehicle charges at an Electrify America station in Skokie, Ill., in 2023. To the editor: In making the case against the federal tax credit for electric vehicle buyers, Veronique de Rugy stresses the fact that those who purchase EVs are mostly wealthy. To the editor: The Times’ “keep” editorial on the federal EV tax credit and De Rugy’s “kill” counterpoint both present excellent arguments. De Rugy makes a more persuasive case that this credit does little to reduce emissions, as most EV buyers would make the purchase without the subsidy. To the editor: De Rugy feels EV tax credits are ineffective, increase the deficit, are unfair to the poor and let the government pick winners and losers.

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History of this topic

Editorial: Five reasons to keep the federal tax credit for electric vehicles
Trending News
1 week, 4 days ago

Editorial: Five reasons to keep the federal tax credit for electric vehicles

LA Times  

Plug-in vehicles at a Tesla Supercharger location in Santa Monica. The Trump administration has signaled that it plans to end a $7,500 federal tax credit that helps consumers afford electric cars. President-elect Donald Trump‘s transition team is planning to eliminate a $7,500 electric vehicle tax credit that helps consumers afford clean cars while supporting the U.S. auto industry. Opinion Opinion: …

Opinion: The case for killing the tax credit for electric vehicles
1 week, 4 days ago

Opinion: The case for killing the tax credit for electric vehicles

LA Times  

The federal tax credit for electric vehicle purchases has far outlived its purpose and now stands as a glaring example of government overreach and economic inequity. For instance, the Congressional Research Service study noted: “For vehicles purchased in 2021, taxpayers with adjusted gross income greater than $100,000 represented 22% of all filers and received 84% of the credit benefits.” The …

Charging ahead or falling behind? Independent readers debate the UK’s electric vehicle dilemma
4 weeks, 2 days ago

Charging ahead or falling behind? Independent readers debate the UK’s electric vehicle dilemma

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The debate over electric vehicle targets has reignited as the government reviews its 22 per …

Newsom: If Trump cuts energy credits, we'll pass our own — and exclude Musk's Tesla
1 month, 2 weeks ago

Newsom: If Trump cuts energy credits, we'll pass our own — and exclude Musk's Tesla

Raw Story  

Donald Trump and his right-hand man, tech billionaire Elon Musk, want to abolish federal tax subsidies for electric vehicles. Gavin Newsom is issuing a threat, reported The Daily Beast: if those tax credits go away, California will pass its own— and add a requirement that disqualifies Musk's company. Even though Musk himself runs Tesla, the country's most famous electric vehicle …

Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits
1 month, 2 weeks ago

Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits

Associated Press  

DETROIT — If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs. Trump’s argument — one that most economists dispute — is that a rapid U.S. shift toward electric vehicles would lead to most EVs being made in China and would swell prices for …

Newsom says California could offer electric vehicle rebates if Trump eliminates federal tax credit
1 month, 2 weeks ago

Newsom says California could offer electric vehicle rebates if Trump eliminates federal tax credit

Associated Press  

SACRAMENTO, Calif. — California could offer rebates for electric vehicle purchases if the incoming Trump administration eliminates a federal tax credit for people who buy electric cars, Gov. Newsom, a Democrat, proposed creating a new version of the state’s Clean Vehicle Rebate Program, which was phased out in 2023 after funding 594,000 cars and saving 456 million gallons of fuel, …

California to offer EV rebates if Trump kills $7,500 tax credit, Newsom says
1 month, 2 weeks ago

California to offer EV rebates if Trump kills $7,500 tax credit, Newsom says

LA Times  

California is prepared to offer state tax rebates for electric vehicle purchases if the incoming Trump administration scuttles the federal EV tax credit, according to Gov. “We will intervene if the Trump Administration eliminates the federal tax credit, doubling down on our commitment to clean air and green jobs in California,” Newsom said in a statement. The money “could come …

California could keep the $7,500 EV credit alive if Trump kills the cost-saving measure, Newsom says
1 month, 2 weeks ago

California could keep the $7,500 EV credit alive if Trump kills the cost-saving measure, Newsom says

CNN  

CNN — California Gov. Gavin Newsom announced Monday he will provide $7,500 electric vehicle rebates for his state if President-elect Donald Trump and congressional Republicans dismantle the federal credit – one of several consumer cost-saving measures in President Joe Biden’s climate bill. “We’re not turning back on a clean transportation future — we’re going to make it more affordable for …

You Can Already See Signs Of Trump's Crony Capitalism In Action
1 month, 2 weeks ago

You Can Already See Signs Of Trump's Crony Capitalism In Action

Huff Post  

LOADING ERROR LOADING This article is part of HuffPost’s biweekly politics newsletter. Last week Reuters reported that Trump’s transition team was recommending he ask Congress to kill the tax credit. But he said that in the “long term, it probably helps” Tesla if Trump does away with the tax credit, since that could allow Tesla to more thoroughly dominate the …

The EV Buyer’s Guide to an Uncertain Future
1 month, 2 weeks ago

The EV Buyer’s Guide to an Uncertain Future

Wired  

It’s a confusing time to be a prospective electric vehicle buyer. Power earlier this year that they’re “overall likely” to consider going electric; 24 percent said they were “very likely.” EVs are definitely better for the environment, they generally cost less to maintain and fuel, and drivers report they’re very fun behind the wheel. Reuters first reported that officials with …

Should not EVs and Hybrids be treated equally for government subsidies?
6 months, 2 weeks ago

Should not EVs and Hybrids be treated equally for government subsidies?

The Hindu  

India’s road transport sector contributes about 12% to the country’s CO2 emissions, according to the International Energy Agency, making it the third most greenhouse gas emitting sector after energy and agriculture. Some have welcomed this move arguing that this accelerates transport’s decarbonization, while others point to the lack of charging infrastructure, import dependence for advanced battery components and technology, and …

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
8 months ago

US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits

Associated Press  

DETROIT — The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China. West Virginia Sen. Joe Manchin, the Democratic chairman of the Senate Energy and Natural Resources Committee, said that through the new rule, the …

Should there be more incentives to purchase electric vehicles? Join The Independent Debate
9 months, 3 weeks ago

Should there be more incentives to purchase electric vehicles? Join The Independent Debate

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The chancellor ignored industry calls to introduce more incentives …

Letters to the Editor: Punishing EV drivers with higher fees is foolish. Tax oil companies instead
11 months, 2 weeks ago

Letters to the Editor: Punishing EV drivers with higher fees is foolish. Tax oil companies instead

LA Times  

A Tesla electric vehicle is plugged in at a Supercharger station in Westlake on May 10. To the editor: Your article, “As EVs gain traction, how will California pay for road repair?” frames the choice as either having bad roads and cleaner air, or better roads and filthy air, unless we raise gas taxes and charge electric vehicle drivers more. …

For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit
11 months, 4 weeks ago

For consumers shopping for an EV, new rules mean fewer models qualify for a tax credit

Associated Press  

DETROIT — U.S. consumers looking to get a tax credit on an electric vehicle purchase have fewer models to choose from under new rules that limit the countries where automakers can buy battery parts and minerals — a potential blow to efforts to reduce planet-warming emissions from autos. And leased EVs aren’t affected by the new rules because they’re considered …

Why Biden’s EV tax credit could become hard to claim
1 year ago

Why Biden’s EV tax credit could become hard to claim

Live Mint  

The Biden administration hopes to use generous tax credits to boost electric-vehicle sales and push automakers away from Chinese suppliers. The number of EVs for which car buyers can claim the tax credit has already been whittled down by other requirements in the 2022 Inflation Reduction Act, including a provision that eligible vehicles must be assembled in the U.S. Tesla …

New US rules, aimed at curbing China, could make it harder for EV buyers to claim a full tax credit
1 year, 1 month ago

New US rules, aimed at curbing China, could make it harder for EV buyers to claim a full tax credit

Associated Press  

WASHINGTON — Americans could have a harder time finding electric vehicles that qualify for a full $7,500 federal tax credit under new rules proposed Friday that are likely to hinder President Joe Biden’s goal that half of new passenger vehicles sold in the U.S. run on electricity by 2030. The White House hopes the new tax credit rules will encourage …

California scales back EV rebates to focus on lower-income car buyers
1 year, 3 months ago

California scales back EV rebates to focus on lower-income car buyers

LA Times  

Now that electric cars are mainstream, higher-income Californians, such as those that can afford a Tesla, will no longer qualify for state subsidies. California is eliminating its popular electric-car rebate program — which often runs out of money and has long waiting lists — to focus on providing subsidies only to lower-income car buyers. In its place, the state will …

Charge drivers by the mile to replace tax lost to EVs, says thinktank
1 year, 7 months ago

Charge drivers by the mile to replace tax lost to EVs, says thinktank

Daily Mail  

Drivers should be charged on a per-mile basis to ensure Treasury coffers are topped up once electric cars become mainstream, according to a new report presented to MPs on Wednesday. The think tank's Future of Motoring paper warns that the Treasury faces a '£25billion fiscal black hole' in annual receipts from fuel duty when motorists switch from petrol and diesel …

Editorial: Only a few EVs made the tax credit list. That’s bad news for the climate
1 year, 8 months ago

Editorial: Only a few EVs made the tax credit list. That’s bad news for the climate

LA Times  

President Biden drives a Ford F-150 Lightning truck in 2021. The vehicle is one of only nine fully electric models available today that qualify for the full $7,500 federal tax credit. Expanded electric car subsidies were supposed to be a centerpiece of President Biden’s signature climate law, accelerating emissions reductions by allowing buyers to claim generous tax credits and save …

See the EVs eligible for tax credits - and why most aren’t
1 year, 8 months ago

See the EVs eligible for tax credits - and why most aren’t

Associated Press  

DETROIT — Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday. The new rules, which govern how much battery minerals and parts can come from countries that don’t have free trade agreements with the U.S., bumped nine vehicles …

Letters to the Editor: EV tax credits aren’t perfect, but Biden’s progress on them is worth praising
1 year, 9 months ago

Letters to the Editor: EV tax credits aren’t perfect, but Biden’s progress on them is worth praising

LA Times  

To the editor: While the points raised in The Times’ editorial on new rules for electric vehicle tax credits are true, you are viewing the “glass” of EV incentives as half-empty when it is equally half-full. By the same token, you castigate Sen. Joe Manchin, only one of the slim Senate majority forcing limits to EV incentives, while failing to …

Editorial: Too few electric vehicle models eligible for new tax credit
1 year, 9 months ago

Editorial: Too few electric vehicle models eligible for new tax credit

LA Times  

A vehicle charges at a Tesla Supercharger station in Kokomo, Ind. Many electric vehicles will not qualify for a federal tax credit of up to $7,500 under new battery and critical mineral sourcing requirements released this month by the Treasury Department. Under complicated new rules released Friday by the Treasury Department, only a handful of more than 90 electric car …

EXPLAINER: 2023 tax credits for EVs will boost their appeal
2 years ago

EXPLAINER: 2023 tax credits for EVs will boost their appeal

Associated Press  

WASHINGTON — Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. For at least the first two months of 2023, though, a delay in some of Treasury’s rules will likely make the full credit temporarily available to consumers who meet certain income and price limits. However, the Treasury Department …

EXPLAINER: 2023 tax credits for EVs will boost their appeal
2 years ago

EXPLAINER: 2023 tax credits for EVs will boost their appeal

Associated Press  

WASHINGTON — Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. For at least the first two months of 2023, though, a delay in the Treasury Department’s rules for the new benefit will likely make the full credit temporarily available to consumers who meet certain income and price limits. …

Can California’s electric-vehicle push overcome the red-state backlash?
2 years ago

Can California’s electric-vehicle push overcome the red-state backlash?

LA Times  

This industrial city an hour north of Indianapolis isn’t as famous as Detroit, but it has become an unlikely battleground in the war over electric cars. “The ideology is, when you mandate electric cars but don’t have the power to run them.” The Kokomo VFW parking lot is filled with hulking trucks, tricked-out Jeeps — and skepticism about the country’s …

California voters reject tax on rich for more electric cars
2 years, 2 months ago

California voters reject tax on rich for more electric cars

Associated Press  

SACRAMENTO, Calif. — California’s wealthiest residents won’t see a tax increase after voters rejected a measure Tuesday that would have boosted rates on incomes above $2 million to help put more electric cars on the roads. “California voters decisively rejected this poorly crafted and unnecessary tax hike,” the “no” campaign said in a statement. “The fact is Proposition 30 was …

GOP seizes on voter hesitancy to attack EVs as costly to US
2 years, 2 months ago

GOP seizes on voter hesitancy to attack EVs as costly to US

Associated Press  

WASHINGTON — Heading into next week’s midterm elections, many Republican candidates are seeking to capitalize on voters’ concerns about inflation by vilifying a key component of President Joe Biden’s climate agenda: electric vehicles. In competitive Nevada, GOP Senate candidate Adam Laxalt mocks Democratic Sen. Catherine Cortez Masto’s support for her party’s sweeping climate and health law, which includes tax credits …

American interstates are going to get a lot friendlier to EVs
2 years, 3 months ago

American interstates are going to get a lot friendlier to EVs

LA Times  

By year’s end, drivers could start seeing expansions and upgrades to existing highway EV stations in California and other states. All 50 states received final approval Tuesday to begin construction on a nationwide network of EV charging stations that places one roughly every 50 miles along interstate highways, part of the Biden administration’s plan to spur widespread adoption of zero-emission …

Editorial: Yes! California just banned the sale of new gas cars. This is a big deal
2 years, 4 months ago

Editorial: Yes! California just banned the sale of new gas cars. This is a big deal

LA Times  

Electric vehicles come and go from a Tesla Supercharger station in Santa Monica. California regulators voted Thursday to require automakers to sell increasing percentages of zero-emission vehicles, starting with 35% of new car sales in 2026 and reaching 100% by 2035. Zero-emission vehicles account for 16.5% of California’s new sales today, a rate that leads the nation but lags behind …

What car buyers should know about the coming tax credits for EVs
2 years, 4 months ago

What car buyers should know about the coming tax credits for EVs

LA Times  

An electric vehicle at a charging station at Chula Vista City Hall in March 2021. Starting Jan. 1, low- and middle-income Americans would be eligible for a $7,500 tax credit for buying a new clean-air vehicle — a designation that includes hydrogen fuel-cell vehicles as well as battery electrics — and $4,000 for buying a used one. The legislation doesn’t …

Most electric vehicles won’t qualify for federal tax credit
2 years, 5 months ago

Most electric vehicles won’t qualify for federal tax credit

Associated Press  

DETROIT — A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress. That’s mainly because of the bill’s requirement that, to qualify for the credit, an electric vehicle must contain a battery built in North America with minerals mined or …

Public electric car charging costs climb 20% since autumn
2 years, 7 months ago

Public electric car charging costs climb 20% since autumn

Daily Mail  

The average cost of charging an electric car on a public rapid charger has increased by over 20 per cent since September 2021, showing the impact the energy crisis is having on electric vehicle drivers. This means that the average cost to complete an 80 per cent rapid charge of a typical family-sized electric car with a 64kWh battery has …

Harris unveils plan for electric vehicle charging network
3 years ago

Harris unveils plan for electric vehicle charging network

Associated Press  

WASHINGTON — The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry. Just like filling up your car with gas.” The auto industry already is moving toward electric vehicles, Harris added: “We need …

Biden pushes electric vehicle chargers as energy costs spike
3 years, 1 month ago

Biden pushes electric vehicle chargers as energy costs spike

Associated Press  

DETROIT — President Joe Biden punched the accelerator on a battery-powered Hummer on Wednesday, causing the wheels to squeal and the truck to jet forward as he tried in his own way to drive the country toward an electric vehicle future. “We’re going to make sure that the jobs of the future end up here in Michigan, not halfway around …

Biden aims to juice EV sales, but would his plan work?
3 years, 9 months ago

Biden aims to juice EV sales, but would his plan work?

Associated Press  

DETROIT — Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck or SUV for a zero-emissions electric vehicle. Yet Biden’s goal is a daunting one: Even if Congress approves his $2.3 trillion infrastructure plan, along with its incentives, it would take many years to replace enough …

Government may not relent on electric vehicles despite opposition
5 years, 5 months ago

Government may not relent on electric vehicles despite opposition

Live Mint  

The government may not entertain the demands of automobile manufacturers to reconsider a proposed ban on two- and three-wheelers powered by internal combustion engines that would mark a shift to full electric mobility. The intention of this government is clear when it comes to promoting electric vehicles,” said a senior official with a ministry associated with the policy formulation on …

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