This is a cut of 1000 Euros versus previous. This will result in a very few high-income (headline notwithstanding, this is predicated on income, not wealth) hou

This is a cut of 1000 Euros versus previous. This will result in a very few high-income (headline notwithstanding, this is predicated on income, not wealth) households buying an ICE or hybrid instead of an EV. Obviously incentives matter, but this doesn't seem particularly severe policy change. We're in the market for a new-to-us car (in the US). The used EV tax credit is not available to us, so we're going to end up buying a car with a gas engine (likely a hybrid) to join our existing BEV [bought because of the 2014 tax credit]. I can't really complain, as the used EV credit is relatively new and if government policy says we do or don't get a credit, we incorporate that into our decision process. (If the overall population didn't do this, incentive policies like this would have no effect, so it's good that they do in order to nudge marginal decisions one way or the other.)