Posted on 12/29/2022 8:53:45 AM PST by Oldeconomybuyer
(Reuters) - The United States will introduce incentives on Jan. 1 for delivery firms and other companies to switch to electric trucks as part of a broad push to get polluting, workhorse vehicles off roads and out of neighborhoods.
The first-of-its-kind incentives, established under President Joe Biden's Inflation Reduction Act (IRA), will offer tax credits of $7,500 or $40,000 depending on the size of the electric vehicle (EV). Delivery companies like FedEx and Amazon.com would qualify at the $7,500 level for many of their electric trucks.
In a year marked by yet more floods, hurricanes and droughts linked to climate change, governments and companies have been forced to look more closely at the financial risks and their exposure to liability.
Incentives should help bring EV sticker prices closer to parity with traditional gas-powered vehicles, experts said.
That will "help level the playing field for electric vehicles," said Ben King, associate director at Rhodium Group, a research firm.
Jim Farley, chief executive at electric van market leader Ford Motor Co, this year predicted that IRA tax credits would have a "dramatic impact on the adoption of EVs."
More commercial EV purchases should lower manufacturing costs and vehicle sticker prices - which should attract even more buyers, experts said.
(Excerpt) Read more at news.yahoo.com ...
I saw that the electric trucks in NYC can only plow snow for 4 hours before needing a charging stop. While their norm for diesels is a 12 hour shift per driver. They’re already saying it’s not gonna be feasible with current technology.
Who knew...ROFL
When will there be government “MANDATES” to buy firearms?...................
"Incentives should help bring EV sticker prices closer to parity with traditional gas-powered vehicles"There you have it. Experts say there is nothing that YOUR tax money liberally thrown about cannot do."[Incentives] will help level the playing field for electric vehicles"
"[Incentives will have a] dramatic impact on the adoption of EVs."
"[Incentives] should lower manufacturing costs and vehicle sticker prices"
"[Incentives] should attract even more buyers"
The incentive payment will help pay for the on board diesel generator which will be required to get the electric truck back home.
Except in cold weather EVs charge very slow or not at all.
On the EV forums they were all applauding the passing of the Inflation Raising Act until immediately afterwards a lot of prices went up accordingly. This is particularly true of the EV manufacturers that had already exceeded the 200K limit tha the old EV tax credit was good for. (GM and Tesla had long surpassed that limit, with Ford passing it this year.)
And the cost for each one is $523,000. Certainly not cost effective, but when did Democrats ever worry about wasting taxpayer dollars.
I’m thinking the incentive to work has gone out the window.
Why are we even paying taxes? FU JB!
Always knew the “global warming”/”climate change” things were a scam, but just didn’t know the extent of them. Electric delivery trucks are an even worse scam than the electric cars. Delivery trucks must be reliable, sometimes for more hours than originally intended. Electric trucks just don’t get it in this capacity. Electric snowplows would just multiply problems. There are are conditions where an electric vehicle makes some sense; for instance: I worked where they had an electric super heavy duty fork lift in a cold storage warehouse & it seemed ideal for the task. For most things, an EV makes little sense but to massage some politican’s ego.
Fascism.
The Whitehouse: “We will give you a $75,000 tax credit to build your $150,000 electric truck. Then we will give the consumer a $75,000 tax credit to buy your $150,000 truck.”
The Manufacturer: “Actually we’ve decided to charge $300,000 for our electric truck.”
“Nope. All the tax credit does is artificially inflate the price of the EV (just like gubment money does in other industries).”
Exactamundo. Hearing this, the van manufacturers just raised the price $7500.
Only by the true meaning of the word.
Will that help when it’s frigid outside?
What happens when they catch fire or freeze? https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Ftse1.mm.bing.net%2Fth%3Fid%3DOIP.W82digPjy6wil0YExPcWuQHaEK%26pid%3DApi&f=1&ipt=1d02484ebdd708c490632387a7d36dfc1a50dc4ef988f19b92586ec83b70fa47&ipo=images
I recently recieved a message from my power company that they could blackout at any time because it was 8 degrees outside. How about chuckin’ in some loot for increasing the number of power plants?
Oh ooops
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