House GOP tax bill could make EVs more expensive in a hurry

House GOP tax bill could make EVs more expensive in a hurry

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnet.com/roadshow/news/house-gop-tax-bill-could-make-evs-more-expensive-in-a-hurry/

A new bill proposed by House Republicans could eliminate the federal electric tax credit without any sort of drawdown period, Bloomberg reports. While the credits won't disappear tomorrow, they might be eliminated after the 2017 tax year if this bill becomes law.

If the tax credit goes away, you can say goodbye to the notion of picking up a new Bolt EV or Model 3 for less than $30,000.