That just might be set for a big change, however. Tesla is now rolling out more than 6,000 of its Model 3 sedans each week and still struggling to meet demand. Meanwhile, automakers ranging from Audi to Volvo plan to start rolling out new long-range BEVs, many of them at more affordable prices. And, with fast chargers popping up across the country, barriers to entry are falling, proponents insist.
That said, here’s another way Washington could play Grinch. Tesla and GM will soon reach the sales threshold where their buyers no longer qualify for up to $7,500 in incentives on EVs. And, rather than extending those tax credits, the White House and GOP are talking about doing away with them entirely.
The subsidies were aimed at making EVs “a viable technology,” John Barrasso, the Wyoming Republican chairing the Senate Environment and Public Works Committee, said this month. “Well, that’s clearly there.” But will they remain viable if those subsidies go away?