10-08-2021, 09:05 PM
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#156
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Drives: 2022 CT4-V Blackwing
Join Date: Sep 2013
Location: Florida
Posts: 2,723
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Quote:
Originally Posted by Martinjlm
The original incentive was purposed to allow manufacturers to offer EVs at "reasonable" price without losing their @$$. They could offer the vehicles at prices that didn't lose too much money in the first generations. The incentives reduced the price to the consumer to make them more competitive. The incentive was to apply to the first 200,000 qualifying vehicles for each manufacturer with the expectation that by then, they should be able to improve their product cost to offer the vehicles at the same net price to the consumer without losing their @$$.
Tesla and GM are the only automakers that have crossed the 200k line, so they no longer are eligible for the incentive. Both have reduced the prices of their EVs to be in line with where other manufacturers are, net of the incentive.
This is spot on. The legislation that is in play is to - expand the 200,000 number to something higher. I'm hearing 400,000. This would make Tesla and GM eligible.
- provide additional incentive for EVs made in the US (Tesla and GM would both qualify) and even more if the vehicle is built by union labor (GM would qualify, Tesla would not)
- cap the price of EVs for which the incentives would apply (ie - stop subsidizing affluent buyers). Model S and Model X would probably fall out of eligibility, as would several if not all Cadillac and Hummer models. Model 3 and Model Y, and Chevrolets and Buicks would most likely be good to go, as well as Ford and Stellantis products.
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Increasing the cap to 400,000 would not do much for Tesla buyers. Tesla delivered 241,300 EVs last quarter alone.
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2002 Corvette Z06 - Black - Sold
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2017 C7 Stingray - M7 Coupe - Sold
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2019 Tesla Model 3
2022 CT4-V Blackwing - M6
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