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You can get a $7500 tax credit on a bolt and a few other cars. This is also true with the just updated EPA rules. This also means materials and manufacturing es
by rnk 4y ago
You can get a $7500 tax credit on a bolt and a few other cars. This is also true with the just updated EPA rules. This also means materials and manufacturing especially batteries were primarily from the US, Mexico or Canada. So it's effectively 20k for many people.
EVs are expensive primarily because of the battery at this point. And the secondary reason is the tremendous demand combined with reduced availability of cars leads to dealers adding their dealer markup. There have already been EVs that sold for a lower price with software locked batteries that you could upgrade later. Almost 10 years ago Tesla offered that. There were cars with gas extenders like you described almost 10 years ago, the BMW i3 is one.