gnop1950
Well-Known Member
- First Name
- Gary
- Joined
- Nov 5, 2021
- Threads
- 6
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- 531
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- Location
- Sierra Vista, AZ
- Vehicles
- 2022 Taycan 4s
The 77% + you are using would be for the full $12500 as currently proposed (Union shop. etc), but most of them (Teslas) would still qualify for the $7500, correct? Since Teslas don't currently have a tax incentive it would seem to be a net gain for EV buyers. As for Luxury EVs not having a federal tax incentive, well, while I wouldn't mind one, it kind of makes sense. I still get the state tax break and can use the HOV lane. Hmm, I'm retired, probably won't get much use out of the HOV lane ;-)It doesn't matter that it's the most expensive, what matters is that it's the most sold brand (Tesla sold over 77% of all new EV's in the USA this year). Here are some numbers from Car and Driver.
That said, let's see what threshold will actually qualify for the incentive by the time this is signed into law. So far the number of qualified vehicles and buyers have been dropping every iteration of the bill. I'm going to bet it's going to be more than half of EV sales pre-incentive (since the incentive is bound to skew the numbers towards cars which do qualify of course, possibly new compliance models). Add to this the union shop provision, and right away 77+% of EV's sold in the USA would not qualify for that incentive. I know, you might not call 77% a vast majority, sure, let's just call it a majority then (>50%, so yes, more than half).