More cars are going to lose the credit they qualify for now than will gain the credit. Seems like we're going backwards in a sense. There should be a reasonable grace period (maybe 2 years) for the old (current) plan to be an option. This would give some time for companies to get things moved/sourced over here.Effects of the proposal to change EV tax credits are starting to meet resistance….
A proposal by U.S. Senate Democrats to put income, price and domestic content conditions on electric vehicle tax breaks could initially sharply curtail the number of EVs that qualify, the Congressional Budget Office said on Wednesday.www.reuters.com
From the article…
”Auto dealers are worried they "will be left trying to explain to consumers why these incentives aren't available to them," Cody Lusk, president of the American International Automobile Dealers Association said Wednesday.”
“Democrats are divided over the proposals, even as Republican lawmakers are closing ranks in opposition.”
“Michigan Democratic Senator Debbie Stabenow said she is still pushing to change the proposals.”
"It's a very cumbersome, unworkable credit once the full restrictions set in," Stabenow told Reuters. "There's conversations going on."