Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Electric Car Tax Credits Too Generous?

PF_FlyerPF_Flyer Pennsylvania Furnace, PAPosts: 5,890
edited March 14 in Nissan

Electric car credit under review in Georgia

ATLANTA — Tax credits for low- and no-emission vehicles would be eliminated or scaled back under a plan from Georgia lawmakers who say the incentives are too generous, but manufacturers are concerned the plan would put a dent in their sales.

House lawmakers have approved a plan from state Rep. Chuck Martin, R-Alpharetta, that would repeal a maximum $5,000 tax credit for consumers who buy or lease electric vehicles and up to $2,500 in tax credits for low-emission vehicles. The proposal is now pending before the state Senate.

I'll say this... incentives to push buyers towards anything can't go on indefinitely. At some point, a product has to stand or fall on its own value to the consumer.

MODERATOR
Need help navigating? pf_flyer@edmunds.com - or send a private message by clicking on my name.
Share your vehicle reviews

Sign In or Register to comment.