Menu

Will Losing the Electric Vehicle Tax Credit Kill Plug-in Cars?
📰
0

Will Losing the Electric Vehicle Tax Credit Kill Plug-in Cars?

Knowledge at Wharton·@HashtagPLUS·about 1 month ago
#2zEByPik
Reading 0:00
15s threshold

As the reconciliation between the House and Senate tax plans approaches, the plug-in electric vehicle (EV) credit is on the line. The tax credit of ,500 for the purchase of a new electric vehicle was excluded from the House plan, but it remains a part of the Senate plan. EV manufacturers worry that the loss of the tax credit would mean fewer sales at a time when more international auto companies are moving towards electric cars. Jeremy Michalek, director of the Design Decisions Laboratory at Carnegie Mellon University, and Costa Samaras, director of the Center for Engineering and Resilience for Climate Adaptation, recently joined the Knowledge at Wharton show on Wharton Business Radio on SiriusXM channel 111 to discuss the potential impact of doing away with the EV credit.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More