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Featured EV tax credit end good for Tesla?

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by mikefocke, Nov 15, 2024 at 7:10 PM.

  1. bisco

    bisco cookie crumbler

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    which japanese manufacturer is making a serious run at a us marketed bev?
     
  2. hill

    hill High Fiber Member

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    @tideland might want to mention his latest acquisition
     
    Isaac Zachary likes this.
  3. Isaac Zachary

    Isaac Zachary Senior Member

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    Well, I think repealing the EV tax credit is part of an attempt to slow EV investments and tariffs are for trying to attract manufacturing to the USA.

    While EVs may be the future, getting them as cheap to produce as ICEVs is kind of hard. Some have said that the death of the econo car, and the rise in car prices in general has in part been the result of companies investing in EVs. They need money to fuel those investments until they start making a profit. If they don't feel they need to invest in EVs, then in the short term their vehicles might become cheaper and they can sell more. So counter all that with tariffs, and it seems like there is a hope it all falls together and people still can afford to drive vehicles. But likely a lot of companies will scale back on their EV promises and become more like Toyota in their EV offerings.

    The scary thing to me is that if China keeps figuring out how to make high quality EVs at very low costs, then eventually they'll find a way to sell their cars elsewhere, including the USA, and will win the vehicular war. If US companies don't figure out how to compete with that, they may be left in the dust, if they are doomed already. It's complicated, difficult to forsee the future. Let's hope those in charge are trying to do what's best for everyone, and if they make a mistake, they admit it and do their best to fix it.

    That, and the other scary thing is what I find as I keep tracking typhoons and hurricanes.