Thursday, December 19, 2024

incoming administration Pitches A Complete U-Turn On Federal Support For EVs

incoming administration Pitches A Complete U-Turn On Federal Support For EVsI'm not against the $7500 tax credit, but it should be based on income and perhaps step down and terminate once certain income thresholds are hit. It never should have been a blanket tax credit for everyone.


Once again, Ford is caught between a rock and a hard place. They killed off all sorts of high volume gas-powered nameplates and now the EV rug is being pulled out from under them in the US after they have spent billions building out EV production infrastructure domestically, about 10 years too late. The incoming administration and a certain high-profile CEO will abuse the system to keep his car company afloat while every other automaker that has made significant EV investments will be cast off to fend for themselves in this new era of austerity.Fri, 20 Dec 2024 04:46:45 +0000

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