View Single Post
Old 11-28-2018, 02:38 PM   #19 (permalink)
samwichse
Thalmaturge
 
Join Date: Mar 2011
Location: The edge of nowhere
Posts: 1,156

The Tinyvan - '07 Honda Fit Sport

Spicy Italian - '13 Fiat 500 Abarth

eBike - '94 Trek Mountain Track 820
Thanks: 763
Thanked 637 Times in 424 Posts
Quote:
Originally Posted by jamesqf View Post
And if I understand correctly, it's not GM that gets the tax credit, it's the person who buys the EV.
GM gets to charge more for the car, helping make it profitable, while the customer pays the same price with the taxpayer eating the difference.

You're technically correct, but practically speaking, that credit goes into GM's income.
  Reply With Quote