Politicians Want To Limit Free Money For EV Purchases

Only a few days ago did President Bidensigned an Executive Orderstating that half of all new vehicles sold in the US by 2030 will be zero emissions. Pure battery electrics, plug-in hybrids and hydrogen fuel cell vehicles are what's required to make that happen. The order was met with the expected skepticism and criticism, but those in favor, generally, view it as a huge step in the right direction. Even major automakers like Ford, General Motors, and Stellantis havethrown their weight behind it.

但是现在美国参议院批准了一项不具约束力的budget amendment that'll likely make those mainstream, more affordable carmakers very happy and luxury ones less so. In a vote that passed 51-48, the amendment calls for limiting the existing $7,500 federal tax credit for electrified vehicles costing less than $40,000.

In other words, anyone considering a fancy schmancy new $80,000Porsche Taycancould be out of luck. In fact, any household that earns more than $100,000 a year would be ineligible as well. The budget amendment still has to pass the House in its current form, so nothing is set in stone just yet. But still, passing this measure could potentially do the opposite of what the Biden administration wants people to do.

On the other hand, it would make owning an EV more affordable than ever, though there is a problem with that: there aren't that many affordable EVs on the market. TheChevy Bolt EVand Nissan Leaf are two that immediately come to mind and GM, for example, promises more are on the way, but not immediately.