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Author Topic: EV IRS credit may beeliminated next year  (Read 113 times)

Richard230

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EV IRS credit may beeliminated next year
« on: November 04, 2017, 04:31:01 AM »

I just heard on the news that the current 10% EV IRS credit is proposed to be eliminated in the latest version of the Republican party budget.  It would remain effective for purchases until the end of the year and then would be gone.  I haven't been keeping up with the current status of the credit for electric motorcycles.  Is it still effective for purchases this year or did it get killed off last year?  One thing is for sure, if EV cars get shafted in the final budget, you can be sure that there will be no breaks for motorcycles.  :(  Loosing that credit is not going to do anything to promote EV sales next year. I think that was a big selling point to defray the cost of electric vehicles. At least a few states still have rebates for electric vehicles, as long as the money holds out.
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Richard's motorcycle collection:  2018 16.6 kWh Zero S, 2016 BMW R1200RS, 2011 Royal Enfield Bullet 500 Classic, 2009 BMW F650GS, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 (FZS1000N) and a 1978 Honda Kick 'N Go Senior.

ESokoloff

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Re: EV IRS credit may beeliminated next year
« Reply #1 on: November 05, 2017, 10:05:47 AM »

At a certain point it will be time for the chick to leave the nest & fend for its self.

If solid state batteries deliver on their promises, EV will take off big time on its own merits & not need subsidization.
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Eric
2016 Zero DSR

ctrlburn

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Re: EV IRS credit may beeliminated next year
« Reply #2 on: November 05, 2017, 10:22:50 AM »

At a certain point it will be time for the chick to leave the nest & fend for its self.
Pretty soon Farming (subsidized since 1922) will have it all under control and leave the nest.

Back on track - it was a bit of a bummer to have missed the Tax Credit when I bought my Zero.  But now I only get dissed for not paying road tax.

My Leaf and EVSE?   The tax credit was definitely a factor. It is going to impact sales, unless people are willing to rise up and defy the institutional discouragement.
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