Tag Archives: EV

China Using Revised Subsidies to Dominate Future Global EV Production

Starting around 2010, China introduced a series of electric vehicle subsidies aimed at greatly improving the adoption of EVs throughout the country.  The generous subsidies, which are provided by both the central and local governments, amount to RMB 66,000, which is approximately $10,000.  The subsidies have had immense success over the past decade, with exponential … Continue reading this entry

Does Repeal of the EV Tax Credit Really Matter?

tax credit
Last week, Republicans in the U.S. House of Representatives released their first attempt at tax reform legislation.  Buried in the proposed legislation is a repeal of the current tax credit of up to $7500 to purchasers of electrified vehicles that has subsidized early adopters of battery-electric and plug-in hybrid vehicles.  The repeal would affect new … Continue reading this entry

Japan Continues to Offer Electric Vehicle Incentives

Many countries around the world are struggling to build a strong electric vehicle (EV) industry. The actual sales of EV’s are far below the target number of many governments. To boost the sales of EV’s, countries like the U.S., Germany, Japan, and China have introduced various types of governmental incentives. The U.S. offers tax credits … Continue reading this entry