Dear Plug In America Friends,
Help stop Congress from trying to kill the electric car! Just this morning, Chairman Brady of the House Ways and Means Committee introduced the Tax Cuts and Jobs Act, H.R.1. The bill calls for the repeal of the Section 30D $7,500 federal electric vehicle (EV) tax credit, effective December 31, 2017.
Let’s be totally clear. Abruptly ending the $7,500 federal tax credit for EVs will significantly hurt the electric car market, as EVs make up less than 1% of light-duty vehicle sales in the U.S. This federal tax credit is a key incentive that helps consumers make the switch to driving electric. Abruptly ending the credit this December will rock these purchase decisions. This is absolutely terrible, as new makes and models of EVs will become available to more than 40% of the total U.S. car market in January 2018 thanks to clean air regulations that require the automakers to sell more EVs.
Thank you – please share this action alert widely!
The team at Plug In America