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Will killing the Federal EV tax credit kill the EV market?
The House bill would nix the whole thing and, in the process, maybe create two American automobile markets, one where EVs are available, and one where they aren't—a fossil fuel-soaked Upside Down.
For automakers, especially those that have hit the accelerator on electric plans, getting rid of the tax credit makes the job of selling electric cars a lot more complicated. (Electric vehicles still only account for about 1 percent of American car sales.) And for those living toward the middle of the country—in Florida, or Texas, or Oklahoma, or Minnesota, or any place that doesn’t touch an ocean, really—buying one could get harder, too.
Now, electric car sales would likely continue in states that offer their own incentives. In Colorado, for example, battery electric vehicle buyers get a $5,000 rebate; in Delaware, they get $1,000. California doles out up to $7,000—and even lets electrics use the coveted carpool lane. And automakers will have to sell EVs in the 10 states (plus... -
Opel to electrify all model lines by 2024, speeding PSA transition
Opel to electrify all model lines by 2024, speeding PSA transition - Autoblog
Again "electrify" so probably some PHEVs and hybrids in the mix too. -
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