Congressional Republicans released an early draft of a bill that would kill the federal tax credit that gives up to $7,500 to anyone who buys an electric car.
Electric car sales would likely continue in states that offer their own incentives like California — which provides a credit up to $7,000 — and even lets electrics use the coveted carpool lane.
“There is no question that the potential elimination or phase out of the electric vehicle tax credit will impact the choices of prospective buyers and make it more challenging for manufacturers to comply with electric vehicle mandates in 10 states,” Gloria Bergquist, spokesperson for the Alliance of Automobile Manufacturers, said in a statement.
Read more of the original article at Wired.
The post Republican Proposal Could Kill the Electric Vehicle Tax Credit appeared first on Fleet Management Weekly.
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