House GOP tax bill could make EVs more expensive in a hurry
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.
House GOP tax bill could make EVs more expensive in a hurry
Nov 2, 2017, 7:19pm UTC
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.