Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Adios Chinese EVs
Great news! Chinese EVs don’t qualify for 7,500 tax credits anymore! EVs made with Chinese parts are now disqualified by the IRS. Finally something good comes out of our tax dollars. Phase that junk out of our country.
https://www.msn.com/en-us/news/polit...dy/ar-AA1o5GNV
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Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |
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#4
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#5
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#6
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Protectionism via an inverse tariff. Good for the EV haters and good for the China haters but bad for the consumer.
My prediction (FWIW): Prices will remain high or even increase.
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#7
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There aren’t any Chinese EVs for sale in the US. There are Chinese batteries in some EV brands.
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#8
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#9
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Please stop ruining threads with facts. Spoils a good rant!
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#10
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The vehicle itself no....but the graphite and other minerals for the batteries are from China....and the Treasury Dept. is allowing 20% of EV equipped with said.....and their owners, access to tax credits. They will have a presence in the US for the foreseeable future. It’s semantics....without the batteries, an EV is just a fancy planter in the yard. Would love to see Appalachia enabled to convert coal into graphite to bring jobs back home and truly eliminate foreign production altogether....but, that’s a pipe dream
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#11
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No Chinese Parts
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Everywhere “Everyone may not be good, but there's always something good in everyone. Never judge anyone shortly because every saint has a past and every sinner has a future.” - Oscar Wilde |
#12
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Great! now we all get to buy overpriced garbage produced by know-nothing MBA fraudsters, DEI incompetents, and Union parasites!
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"Heaven is self-awareness; Hell is other people" - Jim Jones |
#13
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#14
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Not exactly. The "rules" for foreign (specifically FEOC) mineral content in batteries were just relaxed for a couple of years so the list of cars that can qualify for the $7500 tax credit does not go to zero. It appears that this may very well be challenged in court, as it should since it is a reinterpretation of the original bill and usurps power from Congress.
Last edited by biker1; 05-04-2024 at 06:38 AM. |
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