Looks like we are getting closer to an era were support for EVs will be significantly reduced. How will this impact EV sales? Better deals or worse deals coming?
The market will adjust.
You’re looking at it from a glass half empty perspective…
If the deals end on EVs, that means more lease deals on V8 ICE cars 
5 Likes
Good… bring on the ICE deals again!!! 
I am in the process of pushing for a buy back of my Ioniq5 after my lemon of a 4xE Rubi. I had good luck with a Tesla before the 4xE. When discussing the state of affairs of automotive towing with my tow truck driver last week he said his towing company is adding a few more trucks with special equipment to assist with loading all these locked “bricks” of EV’s that he is dealing with. I have a feeling this EV craze needs a market adjustment and not be propped up by federal incentives. I am not a EV hater clearly… but there is still a ton of improvements needed in the infrastructure and manufacture technology.
1 Like
Bring back the ICE deals not this EV crap !
2 Likes
where government is run as an oligarchy to benefit billionaires at the expense of progress and social programs. EVs aren’t the only place where you’re going to see this country take several massive steps back.
9 Likes
So prices drop by $7500, cool.
1 Like
I know the OP meant to focus on the $7,500 buyer/lessor-loophole tax credit to help subsidize purchases.
But I think the bigger questions that remain unresolved are
- whether or not the historical emissions credits managed through the EPA programs will still expire as previously established
- how the future emissions targets (and fees/penalties for non-compliance) will be impacted
- how automakers will be able to trade credits in the future.
Viewing the $7,500 through a policy lens instead of a “rebate” lens, the $7,500 per car stuff was just the government’s way to help automakers achieve these emissions goals without the automakers footing the bill entirely. The general premise is that CHG (CO2) is bad, and less CHG or CO2 is good. So the taxpayer money and policies are meant to encourage less CHG.
If the EPA CO2 reduction targets get washed out, then the automakers lose a ton of incentive to even sell an EV, which naturally means they won’t have to bother discounting them at all.
If the EPO CO2 targets remain generally unaffected, then automakers still have to do a cost/benefit analysis internally to establish the level of margin that it makes sense for them to try and get a credit by selling their own clean-credit VIN, or just buying a emissions credit from someone else.
If automakers cannot swap credits to help achieve the group goals, then the automakers with very heavy CO2 emitting fleets will have to put even more money on the table to self-generate a credit.
2 Likes
Correct, in the short-term, US production of EVs will slow down drastically, as manufacturers won’t see the need to produce, once CO2 curbs are lifted. In the longer-term, the impact of this will be severe, as the inevitable march towards electrification continues. This will just put America that much further behind the competition in China and Europe.
For those of you clamoring for v8s or whatever, the world is changing, whether you like it or not. The chinese are lowering their production costs for evs by the day, and, similar to what they were able to achieve with solar panels, they will control this market very soon. It behooves us to remain in this race, as it has big-time technological consequences, but we’ll instead hurrr durr drill baby drill (despite already being the world’s largest oil producer, by a large margin)…
9 Likes
3 Likes
The general EV discussion is over there 