For Immediate Release: February 7, 2018
Contact: Mary Kathryn Campbell, 323-920-5742, mkcampbell@pluginamerica.org
EV Drivers Push to Lift Cap on Electric Car Tax Credit
Plug In America urges Congress to include charging infrastructure, motorcycles in
tax extenders package
LOS ANGELES – Plug In America, the nation’s leading group of electric car drivers, today rallied its membership to urge Congress to lift the cap on the $7,500 federal tax credit, so the credit continues to work for more drivers for a longer timeframe. The credit, which applies to purchases and leases for EVs, begins to sunset once 200,000 EVs are sold by a particular automaker.
The group also called for support and passage of S.2256, the Tax Extender Act of 2017, which includes a two year extension of the 30% tax credit for EV charging infrastructure for homes and businesses and the 10% tax credit for 2-3 wheeled electric motorcycles. Both credits are retroactive to include purchases made since Dec. 31, 2016.
Joel Levin, Executive Director of Plug In America said, “Tesla and Chevrolet will both hit their limit soon and others like Nissan are not far behind. We need to seize every opportunity we can to tell Congress to lift that cap now. This will ensure that more plug-in electric vehicles get into consumer hands faster and more affordably while creating good paying jobs for Americans and helping local economies.”
About Plug In America
Plug In America is a national nonprofit organization that works to accelerate the shift to plug-in vehicles powered by clean, affordable, domestic electricity to reduce our nation’s dependence on petroleum and improve the global environment. The organization conceived National Drive Electric Week and has advanced workplace charging by pioneering ride-and-drive events at such leading corporations as Google, Mattel and Paramount Pictures. It developed the world’s largest, most dedicated network of plug-in vehicle owners and drivers, many of whom have driven EVs for well over a decade. We drive electric. You can, too. pluginamerica.org.
