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With a new Administration and flipped control of the Senate, I am wondering if anyone thinks the Federal tax incentives for EV's (including Rivian) will increase in 22 which may be an advantage to those of us who passed on the Launch Edition in 21? According to the blurb below I found on his site, Pres. Biden wants to restore and/or expand the credit. Although it looks like he may want to target the Middle Class, so would that lessen the credit for higher end vehicles like Rivian? Would they be made retroactive to Jan. 1st, 2021? Obviously, this all has to get through Congress so who knows what will come out.
I am not looking for political arguments (haven't we all had enough of that?) about the merits of the credits, just objective opinions if if you think they will increase, decrease, stay the same or go away. I am more interested in what will happen rather than what what we hope will or should have happened.
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I am not looking for political arguments (haven't we all had enough of that?) about the merits of the credits, just objective opinions if if you think they will increase, decrease, stay the same or go away. I am more interested in what will happen rather than what what we hope will or should have happened.
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- Accelerating the deployment of electric vehicles. There are now one million electric vehicles on the road in the United States. But a key barrier to further deployment of these greenhouse-gas reducing vehicles is the lack of charging stations and coordination across all levels of government. As President, Biden will work with our nation’s governors and mayors to support the deployment of more than 500,000 new public charging outlets by the end of 2030. In addition, Biden will restore the full electric vehicle tax credit to incentivize the purchase of these vehicles. He will ensure the tax credit is designed to targeted middle class consumers and, to the greatest extent possible, to prioritize the purchase of vehicles made in America. And, he will work to develop a new fuel economy standard that goes beyond what the Obama-Biden Administration put in place.
Plan for Climate Change and Environmental Justice | Joe Biden
Joe Biden knows climate change is the greatest threat facing our country and our world, and he has a bold plan for a clean energy revolution.joebiden.com