Alliance Statement on EV Tax Credit

Nov
3

Automakers are offering more than 30 models of electric vehicles in dealer showrooms but they represented only 1 percent of overall sales last year. There is no question that the potential elimination or phase out of the electric vehicle tax credit will impact the choices of prospective buyers and make it more challenging for manufacturers to comply with electric vehicle mandates in 10 states.

We are also concerned about the fuel cell credit that expired in 2016. Both fuel cells and EVs are zero-emission vehicles that were eligible for federal tax credits. Eliminating the fuel cell and EV credits will hamper progress towards getting these very clean and energy-efficient vehicles on the road.

Here is a link for more information on the ZEV mandate: https://autoalliance.org/energy-environment/state-electric-vehicle-mandate/