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billion in tax credits to further stimulate an already booming EV market that Elon Musk hasn't even dabbled in. They're a way to potentially free up precious street space, provide alternatives to automobiles and reduce energy consumption and harmful emissions. Industry analysts expect that uptick in adoption to continue.
People will likely not buy plug-ins without big federal tax breaks." ( Reuters ) 11/29/06 [In response to GMs announcement at the LA Auto Show], Ford Group marketing manager Cisco Codina said the answer for now is full hybrids, like the latest version of its Ford Escape hybrid SUV unveiled at the show. ( The biggest barrier is the battery."
If you build a car as a "kit car" with no real factory, then yes, it will never be an economic success. Engineering proptypes enjoy a tax break. Companies can not sell engineering prototypes in which the company got R&D tax breaks in developing the product. We are addicted to the gasoline tax both at the State and Federal level.
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