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Old 05-04-2021, 01:30 PM   #102 (permalink)
JSH
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What is the efficiency requirements for EV's. Does it matter? The least efficient EV for sale in the USA get the equivalent of 70 mpg. Do you think we need to start regulating EV efficiency at this point?

Yes, there a poor people that don't buy new cars that no amount of incentives will get them into an EV. Why do people arguing against tax credits always go to the extreme case?

The USA still has a pretty broad middle class that owns their own home and buys new cars. They could charge at home if they had an EV. However, they don't have the budget to spend $5,000 to $10,000 more on a car to get an EV. These are the people that incentives can be the deciding factor. However, middle class people don't get the full EV tax credit. A family of 3 making $70K a year would only get $3029 for the Federal EV tax credit. They would need to make $107K a year to get the full $7500.

Where is the logic that a family making $70K a year should get a smaller EV tax credit than a family making $107K a year?

Same with gas prices. Why quote the extreme case instead of the average case? If we are talking federal incentives the Federal gas tax is 18 cents a gallon and hasn't changed since 1993. Paying 18 cents a gallon in fuel taxes isn't going to make someone decided they need to go out a buy an EV.
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