Trump's White House just gave you another reason to buy an electric car right now 2018-12-03 On Monday, according to Reuters, White House economic adviser Larry Kudlow said the subsidies for electric vehicles from Tesla and other carmakers would ... http://blueprint-api-production.s3.amazonaws.com/uploads/card/image/892367/a6a09a36-9af8-4a83-8666-785068ff9c22.jpg
https://mashable.com/article/tesla-gm-electric-vehicle-tax-subsidy-credit/#dGWYspJ.Cmq5 Trump's White House just gave you another reason to buy an electric car right now 2018-12-03 Sasha Lekach [image http://blueprint-api-production.s3.amazonaws.com/uploads/card/image/892367/a6a09a36-9af8-4a83-8666-785068ff9c22.jpg Charge it while you can -- the federal tax credit for Teslas and other electric vehicles is on its way out shares https://twitter.com/realDonaldTrump/status/1067494682249318402 Donald J. Trump @realDonaldTrump · Nov 27, 2018 Very disappointed with General Motors and their CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland. Nothing being closed in Mexico & China. The U.S. saved General Motors, and this is the THANKS we get! We are now looking at cutting all @GM subsidies, including.... Donald J. Trump @realDonaldTrump ....for electric cars. General Motors made a big China bet years ago when they built plants there (and in Mexico) - don’t think that bet is going to pay off. I am here to protect America’s Workers! 1:05 PM - Nov 27, 2018 https://twitter.com/elonmusk/status/700600176713404416 Elon Musk @elonmusk Worth noting that all gasoline cars are heavily subsidized via oil company tax credits & unpaid public health costs http://www.theguardian.com/environment/2015/may/18/fossil-fuel-companies-getting-10m-a-minute-in-subsidies-says-imf … 2:37 AM - Feb 19, 2016 ] When Tesla CEO Elon Musk introduced a lower-priced Model 3 a few months ago, he deducted thousands in federal tax incentives from the sticker price. On Monday, according to Reuters, White House economic adviser Larry Kudlow said the subsidies for electric vehicles from Tesla and other carmakers would end in 2020 or 2021. Trump's administration has long floated the idea of eliminating the tax break. Last week, he said he was thinking about cutting electric vehicle subsidies for General Motors after it announced plans to shut down five U.S. car plants. As it stands now, Americans who buy a qualified electric vehicle (like the Nissan Leaf, Chevy Bolt, or any Tesla) receive a $7,500 tax credit. That's a sizeable chunk meant to incentivize electric vehicle (EV) adoption. But there's a cap for car makers. After 200,000 electric vehicles sold, the subsidy is halved every six months until it disappears. Tesla hit its 200,000th EV sale in July, so the incentive program is phasing out. Tesla buyers are still eligible for a tax credit, even though it will dwindle to $1,875 by the end of 2019. General Motors is expected to hit 200,000 cars by the end of the year. For other companies like Volvo, Volkswagen, and Toyota that are far from the 200,000 car limit, ending the subsidies could seriously hurt their ambitious goals to produce more — if not switch entirely to — electric vehicles in the next few years. It's not all terrible news for lower-emission vehicles. Many states and even local jurisdictions are pushing EV rebates, credits, and tax breaks and subsidizing electric charging networks and infrastructure. Tesla has promoted the federal tax program for years to would-be buyers and has tried to change the law concerning the cap for all electric vehicles. Musk has repeatedly also argued for a carbon tax to disincentivize traditional car use. We reached out to the leading EV sellers in the U.S.: Tesla and GM. A GM spokesperson said the company supports the consumer credit and doesn't think there should be a cap. "We believe an important part of reaching a zero emissions future and establishing the U.S. as the leader in electrification is to continue to provide a federal tax credit to help make electric vehicles more affordable for all customers," the spokesperson said in an email. Tesla declined to comment. UPDATE: Dec. 3, 2018, 3:19 p.m. PST Tesla has said it supports a "level playing field" for all car manufacturers, meaning no incentives for anyone. In a statement from October given to CNBC a Tesla spokesperson said, "Tesla has succeeded in spite of government subsidies, not because of them. Third-party studies have shown that our biggest competitors, including the oil and gas industry, receive trillions of dollars in subsidies each year. In comparison, Tesla receives virtually nothing yet still manages to compete with these giants. We would much prefer a level playing field where all companies go to zero incentives." [© mashable.com] https://theweek.com/speedreads/810724/white-house-calls-end-electric-vehicle-subsidies White House calls for end of electric vehicle subsidies 2018-12-03 National Economic Council Director Larry Kudlow on Monday said the White House wants to put an end to subsidies for electric cars and renewable energy ... https://www.wsj.com/articles/trump-looking-beyond-gm-seeks-to-end-all-electric-car-tax-credits-kudlow-says-1543874287 Trump, Looking Beyond GM, Seeks to End All Electric Car Tax Credits, Kudlow Says Dec. 3, 2018 President Trump's top economic adviser said the administration is looking to eliminate subsidies on electric cars, a move that could hamper the auto industry's ... President eyeing Obama-era $7,500 consumer tax credit for the purchase of electric cars, but it is unclear if he has authority to undo something created by legislation ... https://www.washingtonexaminer.com/policy/energy/trumps-gm-threats-put-electric-vehicles-at-risk Trump's GM threats put electric vehicles at risk Washington Examiner-10 hours ago President Trump's threats toward General Motors over its move to shutter plants threaten to undermine the advancement of electric vehicles and stymie ... https://freespeech.org/stories/trump-threatens-to-punish-americans-who-buy-electric-cars/ Trump Threatens to Punish Americans Who Buy Electric Cars December 01, 2018 Donald Trump threatens to punish Americans who purchase electric vehicles in an attempt to hurt General Motors ... https://www.weeklystandard.com/irwin-m-stelzer/trump-vs-general-motors-gm Trump vs. General Motors The Weekly Standard-5 hours ago Loss of the credit could increase the net price of GM's electric Bolt by as much as 20 percent. That would make a car that has sold only 13,000 units so far this ... http://mediadc.brightspotcdn.com/a1/ac/880a563146c6bfea7b5ec7d42201/gettyimages-1065500862.jpg https://www.myev.com/research/buyers-sellers-advice/how-the-epa-rates-electric-vehicles How The EPA Rates Electric Vehicles December 1, 2018 As with conventionally powered models, electric vehicles are rated for their energy efficiency – and in this case their operating range on a charge – by the ... https://www.politico.com/magazine/story/2018/11/29/general-motors-trump-layoffs-factories-auto-industry-222696 Don't Just Blame Trump for GM's Layoffs—Blame GM Nov 29, 2018 ... while offering federal electric-car tax credits which would help drive demand ... back from the recession, a crash is overdue, and, this line of reasoning goes ... http://static.politico.com/7d/b2/b68988c34884aabdee95e911a391/lordstown-gm-factory-politico-773.jpg https://www.virginiamn.com/opinion/general-motors-closures-aren-t-adding-up-right/article_b1de6a76-f504-11e8-8519-db1ddc50e45c.html General Motors closures aren't adding up right 2018-11-30 ... my love affair with all things Chevy began ... this move by GM is an over-baked ruse to make money at the expense of American workers and a slap in the face to all of us taxpayers who bailed this rotten apple out of the bunch when the company fell on hard times 10 years ago ... https://www.msn.com/en-us/autos/autos-hybrids/2019-chevy-volt-drivers-notes-review-the-lame-duck/ar-BBQiKZ5 019 Chevy Volt Drivers' Notes Review | The lame duck Nov 30, 2018 Now, the Volt isn't the only car GM is killing off (and even this might not fix its ... The Volt itself is a efficient little sedan, with an estimated 53 miles of all-electric ... https://www.baltimoresun.com/news/opinion/readersrespond/bs-ed-rr-volt-gm-letter-20181128-story.html GM neglected the Volt Nov 29, 2018 General Motors announced the Chevy Volt will no longer be available. I understand ... It gets 50 to 70 miles on the electric charge before switching over to gas. For EVLN EV-newswire posts use: http://evdl.org/archive/ {brucedp.neocities.org} -- Sent from: http://electric-vehicle-discussion-list.413529.n4.nabble.com/ _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
