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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The publication’s 2024 Dealer Outlook Survey compiled responses from 208 U.S. car dealers and dealership managers. billion on EV infrastructure.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

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Majority of dealers complain US is bringing them too fast into the EV future

Baua Electric

Ford F-150 Lightning (Source: Ford) A strong majority of car dealers complain the US government’s strategy is bringing them too fast into the electric vehicle future. The concerns about dealers have proved warranted. 83 percent of the dealers surveyed said that they believe the federal government is pushing them into EVs too fast.

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Here are all the used EVs that qualify for a $4,000 tax credit

Baua Electric

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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Road Test: 2022 Mazda MX-30 EV

Clean Fleet Report

If you are the type of conscientious person who never forgets to plug-in your phone every night, and you don’t wander far from home every day, then the 2022 Mazda MX-30 EV may work for you. Mazda says the MX-30’s 100-mile electric driving range is an “ideal companion for daily commuting (and will) meet the needs of most urban residents.”

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Road Test: 2022 Chevrolet Bolt EV 2LT

Clean Fleet Report

Also part of the infotainment system is SiriusXM, Bluetooth for telephone and streaming music and wireless Apple CarPlay and Android Auto. The Bolt EV currently (as of August 2022) does not qualify for federal tax credits, but will qualify for credits or incentives in some states. Road Test: 2022 Mazda MX-30 EV.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.