The tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. Three carmakers—General Motors, Nissan, and Tesla—have now used more than half... In an ideal world, this is how electric-car tax credits should work
The tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. Three carmakers—General Motors, Nissan, and Tesla—have now used more than half...
We'll likely never know whether it was the influence of auto lobbyists, pressure from the actual public, or a letter signed by two dozen mayors. But however the sausage was made, it appears that the U.S. income-tax credit for purchase of a plug-in electric vehicle will not be killed after all. Whether it would survive amidst the sweeping changes...
Two bills from the Senate and House of Representatives that would radically reform U.S. tax policy for the first time in three decades are now being reconciled by a joint committee from both houses of Congress. No public hearings on those bills have been held in either chamber, and the legislation is closely guarded. It would be fair to call the...
Common wisdom has it that the last few days of any calendar year are the best time to buy a car. Not only are franchised dealers and their salespeople seeking to close out the month with a bang, but it's the end of a year and their allocation of cars next year can depend on how many they sell this year. In other words: bargains may be there for...
It’s being called “DIY Dieselgate,” and it could make the air people breathe a lot dirtier. An entire section of the automotive industry—racing—has been exempt from the requirements for emission-control devices found on our everyday cars and trucks. Race enthusiasts got worried early in 2016 when the EPA issued new...
The United States House of Representatives has taken the first step towards allowing automakers and technology companies to deploy self-driving cars on public roads. A House panel passed a proposal that would allow automakers and other companies to deploy up to 100,000 self-driving vehicles. Significantly, the bill does not require the...
The best way to change perceptions about electric cars is to put novices in the driver's seat—quite literally in this sense. The advocacy group Plug In America went to Capitol Hill recently, with a barrage of plug-in electric and pure battery electric vehicles, in an effort to educate lawmakers on their importance. Hundreds of senate members...
Since the election of Donald Trump, considerable attention has focused on how a candidate who campaigned on promoting fossil fuels would treat the Environmental Protection Agency and other federal agencies charged with regulating those industries. But potential changes to the EPA do not come solely from the Executive Branch. Over the past few...
Even though a settlement covering almost half a million 2.0-liter 4-cylinder TDI cars that were the main focus of the Volkswagen diesel scandal was approved by a federal judge, questions remain. The settlement includes a provision that requires VW to commit $2 billion in funds to install charging or fueling infrastructure for zero-emission...