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I always thought this would have been better structured as "the first manufacturer to hit whatever unit limit, the subsidies go down for everyone," and then again, and again.
The way it's laid out now, the manufacturers that drug their feet with compliance cars will be rewarded by jumping in later when making EVs is cheaper and still get all the subsidies the first movers got. The other way, if the manufacturers wanted to sell the largest number of subsidized vehicles they could, they would have had to jump in as early as possible.
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