Maybe EVs are not a comprehensive climate solution??
16 points
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Perhaps the tax credit should be down payment assistance of the same value for those who purchase the EV if they have a household income below 150k. Maybe limit it to vehicles below a certain total cost as well.
Up front cost is a bigger road block than taxes.
4 points
Aren’t your just describing the current credit? There’s a mechanism for the dealer to provide the incentive at the time of purchase vs during tax filing the following year. There’s also an income limit for eligibility.
That being said, the whole point is to move battery supply chains to the US, not to actually make cheap cars for folks.