Auto Lobby Warns EV Tax Credits Are Shrinking


With the automotive lobby having signaled its displeasure with some of the concessions made in the “Inflation Reduction Act” signed by President Joe Biden on Tuesday, the White House has said some 20 models will still qualify for electric vehicle tax credits of up to $7,500 through the end of 2022. However, that’s down roughly 70 percent from the number of models that could have ridden out the previous scheme, as the new content requirements have made most fully electric cars ineligible. 


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  • Analoggrotto Kia EV9 was voted the best vehicle in the world and this is the best TOYOTA can do? Nice try, next.
  • 3-On-The-Tree 4cyl as well.
  • Luke42 I want more information about Ford’s Project T3.The Silverado EV needs some competition beyond just the Rivian truck. The Cybertruck has missed the mark.The Cybertruck is special in that it’s the first time Tesla has introduced an uncompetitive EV. I hope the company learns from their mistakes. While Tesla is learning what they did wrong, I’ll be shopping to replace my GMC Sierra Hybrid with a Chevy, a Ford, or a Rivian — all while happily driving my Model Y.
  • 3-On-The-Tree I wished they wouldn’t go to the twin turbo V6. That’s why I bought a 2021 Tundra V8.
  • Oberkanone My grid hurts!Good luck with installing charger locations at leased locations with aging infrastructure. Perhaps USPS would have better start modernizing it's Post offices to meet future needs. Of course, USPS has no money for anything.