There has been a lot of debate over the revamped EV tax credits we're going to see as part of the recently passed Inflation Reduction Act. While there were many other things in the bill,
, including concern that dealers are going to rip people off, direct sales companies might get left out, and that it could cause a shift to PHEV production to meet the battery restrictions. Here’s a Twitter thread by a Tesla superfan friend of mine that stimulated the above article:EVs were gaining way too much momentum. Tesla's success is starting to scare legacy auto. So the fossil fuel & dealership lobby repealed the credit & replaced with a handout for themselves.
But, without giving up on doing what’s right for the United States here, we still have a number of options to get through this. The obvious first step in improving this situation is to focus on efficiency for cheaper EVs that qualify for the tax credit. Being able to use smaller batteries means that more EVs can be built with the limited supply.
I’d rather see PHEVs than have more gas and diesel vehicles churned out of the factories, and anybody who thinks PHEVs are worse than gas cars has some screws loose.
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