California creates $3,500 rebate for new electric vehicle buyers
At the end of last September, electric vehicle adoption in the US began to crater. That followed the abolition of the IRS clean vehicle tax credit as part of a series of moves by President Trump and congressional Republicans to undermine energy efficiency and pollution control measures.
Reported by 1 outlet — Ars Technica. See all sources ↓
At the end of last September, electric vehicle adoption in the US began to crater. That followed the abolition of the IRS clean vehicle tax credit as part of a series of moves by President Trump and congressional Republicans to undermine energy efficiency and pollution control measures. Until then, buyers of some EVs could claim up to $7,500 from the purchase as part of the IRS Section 30D credit, assuming the EV was below the price cap and the buyer earned less than the income cap. Since then, EV sales have dried up, and automakers have canceled entire product lines as they face the reality of a US government that has soundly rejected moving past oil dependence.
Read the full report at Ars Technica ↗
Why it matters
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- What's the story?
- At the end of last September, electric vehicle adoption in the US began to crater. That followed the abolition of the IRS clean vehicle tax credit as part of a series of moves by President Trump and congressional Republicans to undermine energy efficiency and pollution control measures.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 12m ago.
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California creates $3,500 rebate for new electric vehicle buyers
Sources1TypeCoverageArs Technica