US HOUSE LIKELY TO KILL EV TAX CREDIT, SPEAKER JOHNSON SAYS

[Rade]

In other news, they are looking to pass an EV Vehicle tax since EV's don't use gas and don't contribute to the taxes on gas that go to infrastructure.

Honestly, I could see that, if it is reasonable.

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[mkhuffman]

@Ralph - for your sake, I am biting my tongue. It is hard when others post political opinions. I sooo want to respond. But I know that makes you upset, and really I prefer to post about Rivian and the great products they are producing anyway.

Have a great day!

 

[savethemanual]

In other news, they are looking to pass an EV Vehicle tax since EV's don't use gas and don't contribute to the taxes on gas that go to infrastructure.

Honestly, I could see that, if it is reasonable.

This should be done at the state level with the annual vehicle registration.

 

[Riviot]

They're dump those funds into the military so they can be pilfered.

Come join us! You can get a waiver for just about anything nowadays.

 

[Jonger1150]

If this passes, imo, the U.S. will never catch up to China’s EV tech. China is racing ahead, while the U.S. seems to enjoy wearing weighted shoes

I'm already seeing articles calling for the Chinese EV floodgates to open.

I think Rivian would do fine with those companies, but the Chevy and Ford line of EVs would be decimated.

The smart move would be to offer incentives on US made EVs.... oh wait, we had that.

Let em in!

 

[Alanparkcity]

Just came across the headlines

Just means we have turned over the future worldwide auto industry to the Chinese.

 

[beatle]

This should be done at the state level with the annual vehicle registration.

It is, at least in VA. I believe other states have, or are soon adopting similar. The penalty actually applies to any vehicle which is "fuel efficient." VA says is anything over 25 mpg is fuel efficient (ha):

https://www.dmv.virginia.gov/vehicles/taxes-fees/highway-use

 

[kurtlikevonnegut]

I'm already seeing articles calling for the Chinese EV floodgates to open.

I think Rivian would do fine with those companies, but the Chevy and Ford line of EVs would be decimated.

The smart move would be to offer incentives on US made EVs.... oh wait, we had that.

Let em in!

I wouldn't hold your breath. There are pretty significant security concerns involved in having hundreds of thousands of Chinese made (controlled) vehicles on American roads.

 

[Jonger1150]

Has anyone on a public stage called Trump's attention to this just to see what he says. I mean..... this guy has to know the those vehicles are a massive financial threat to our industry.

Everyone focuses on the security aspect and that alone allows him to wiggle out of acknowledging the real threat here.

 

[mkhuffman]

Has anyone on a public stage called Trump's attention to this just to see what he says. I mean..... this guy has to know the those vehicles are a massive financial threat to our industry.

Everyone focuses on the security aspect and that alone allows him to wiggle out of acknowledging the real threat here.

I think they expect regulation cuts and tariffs to help the auto industry more than a tax credit did. And I think they are correct. (Sorry Ralph. Tongue got out.)

 

[CosmicRivian]

I'm already seeing articles calling for the Chinese EV floodgates to open.

I think Rivian would do fine with those companies, but the Chevy and Ford line of EVs would be decimated.

The smart move would be to offer incentives on US made EVs.... oh wait, we had that.

Let em in!

I agree with everything above. 100% spot on.

Just means we have turned over the future worldwide auto industry to the Chinese.

We handed over the future of the global auto industry when we stopped innovating while much of Asia (and other parts of the world) redefined their relationship to energy and mobility. The rest of the world doesn’t care about the “coal-rollin’” BS that defines much of our bloated, sluggish vehicle culture. Our dependence on fossil fuels is a lot like our obsession with high-calorie, ultra-processed foods: sure, it hits the reptilian parts of our brains just right, but ultimately, leaner and more adaptive mammals win.

I wouldn't hold your breath. There are pretty significant security concerns involved in having hundreds of thousands of Chinese made (controlled) vehicles on American roads.

I agree to some extent (and I love your username here), but security (and even humanity) concerns haven’t stopped smartphones, smart TVs, TikTok, and a whole host of technologies from China (and the rest of Asia) from flooding our homes in the U.S. If we can tolerate Chinese tech in our pockets and turning our kids into mindless scrollers, I don’t have much faith we’ll turn away cheap (by comparison) and luxurious-seeming cars.

Modern EVs are smartphones with wheels and if Chinese autos are allowed to be sold here, it would kill US autos in the same way Chinese manufacturing contributed to the downfall of American manufacturing.

 

[CharonPDX]

In other news, they are looking to pass an EV Vehicle tax since EV's don't use gas and don't contribute to the taxes on gas that go to infrastructure.

Honestly, I could see that, if it is reasonable.

Except it's not a reasonable "tax EVs based on their road wear equal to an equivalent ICE", it's "punish EV drivers."

If they just completely did away with gas taxes, and funded roads with a "weight * miles" calculation of some kind, absolutely.

But they aren't. They're making it so that a Hyundai Ioniq 6 driver who only drives 5000 miles a year would pay more in EV tax than a Chevy Suburban driver who drives over 50,000 miles a year pays in gas tax.

 

[Jonger1150]

I think they expect regulation cuts and tariffs to help the auto industry more than a tax credit did. And I think they are correct. (Sorry Ralph. Tongue got out.)

So the American public will be subsiding manufacturing jobs to the tune of $10,000 to $30,000 per vehicle. Fast forward 10 years into automation -- will we still have to subsidize those companies when it's just robots and no humans?

 

[COdogman]

I think they expect regulation cuts and tariffs to help the auto industry more than a tax credit did. And I think they are correct. (Sorry Ralph. Tongue got out.)

 

[mkg3]

If this passes, imo, the U.S. will never catch up to China’s EV tech. China is racing ahead, while the U.S. seems to enjoy wearing weighted shoes

They are so far ahead of the rest of the world, I don't think anyone can catch up based on today's technology and battery cell energy density.

The only hope is to leapfrog them in technology and approach. Need a different way to power the vehicles and not just piling on more battery cells.

We're already behind on SSBs and we need to be looking beyond the SSB for power source. I know that killing the EV tax credit is to save money so its a moot point but the money is better spent on focusing on leapfrogging the Chinese EVs research than just some windfall for EV buyers.

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