As reported last week, House and Senate Republicans have proposed sweeping tax reforms that would, by extension, kill the EV tax credit if the bill passes into law. Automakers have already expressed their distaste on the matter, and now they’re beginning to mobilize to keep it from becoming a reality. With electric vehicles just beginning to gain traction, and numerous manufacturers banking on the platform in the years to come, losing the credit would undoubtedly harm sales.
The Electric Drive Transportation Association, a group representing automakers, suppliers, technology firms, and energy concerns, says it will collaborate with its members and their shareholders to ensure the credit persists under the proposed GOP reform. Genevieve Cullen, the association’s president, claims the group will pull out all the stops to ensure the Senate sees things their way.
Did you know that there’s an Electric Drive Transportation Association? It’s a group that wants you to ditch your ICE-powered car and run on battery instead. Their member list is huge. Just about every important automaker is on it. Utility companies from Austin Energy all the way to the Tennessee Valley Authority are members. Battery manufacturers, component suppliers, infrastructure developers are members. The City of New York is. Hertz is. And if things get dicey, the association can call upon their member L-3 Communications-Combat Propulsion Systems to provide fire support.
But as big as they are, they are scared. They are worried that customers may not plug in. Or, as Reuters put it, they are concerned that “the ‘range anxiety’ drivers of plug-in electric cars may suffer is preceded by anxiety over the wisdom of buying one.” And what do they do to allay these fears? Cheaper cars? Longer lasting batteries? Free charging stations?
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- Inside Looking Out "And safety was enhanced generally via new reversing lamps and turn signals fitted as standard equipment."Did not get it, turn signals were optional in 1954?
- Lorenzo As long as Grenadier is just a name, and it doesn't actually grenade like Chrysler UltraDrive transmissions. Still, how big is the market for grossly overpriced vehicles? A name like INEOS doesn't have the snobbobile cachet yet. The bulk of the auto market is people who need a reliable, economical car to get to work, and they're not going to pay these prices.
- Lorenzo They may as well put a conventional key ignition in a steel box with a padlock. Anything electronic is more likely to lock out the owner than someone trying to steal the car.
- Lorenzo Another misleading article. If they're giving away Chargers, people can drive that when they need longer range, and leave the EV for grocery runs and zipping around town. But they're not giving away Chargers, thy're giving away chargers. What a letdown. What good are chargers in California or Nashville when the power goes out?
- Luke42 I'm only buying EVs from here on out (when I have the option), so whoever backs off on their EV plans loses a shot at my business.