Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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EV Tax Credit Likely to End Dec. 31, Effectively Increasing Prices Up to 28%. See How Popular EVs are Impacted. (fuelarc.com)

submitted 1 month ago by KayLeadfoot@fedia.io to c/electricvehicles@slrpnk.net

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The tax credit in the USA would end December 31st, 2025. Here’s what that means.

TL;DR: EV cars & SUVs will face an average 16% effective price increase, with the lowest cost model up more than 28%, if the law goes into effect as written.

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[–] AtariDump@lemmy.world 7 points 1 month ago (1 children)

Yes, because it’s the lack of knobs and buttons making EVs expensive. /s

[–] lectricleopard@lemmy.world 5 points 1 month ago

No, unnecessary tech and luxury features make evs expensive. They're marketed as luxury cars.

I was wondering if automakers thought the market would be shinking to an untenable point. Perhaps then they would decide to pivot and market them to a larger, lower income market. That would like include said knobs.