Subdivide your brand to qualify for more federal EV tax credits.
So the polestar qualified for its own $7500 tax credits (old news, I know)
https://www.greencarreports.com/news...ely-from-volvo Does anyone know if GMC and Chevy qualify separately? What drops companies from spinning off new brands just to qualify for new credits? This seems like a seriously flawed system. Elon should have spawned a truck sub-brand. |
I was wondering when a company would try to do that...
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Eligible brands:
AMP Audi BMW BYD Cadillac Chevrolet Chrysler CODA Electric Mobile Cars Fiat Fisker Ford Ford/Azure Dynamics Honda Hyundai Jaguar Kandi Karma Kia Land Rover Mercedes-Benz MINI Mitsubishi Nissan Polestar Porsche smart Subaru Tesla Think Toyota VIA Motors Volkswagen Volvo Wheego Zenith |
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Check out the eligible vehicle list: https://www.fueleconomy.gov/feg/taxevb.shtml |
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I don't understand why GMC and Chevy both exist in the first place. It's just a stupid marketing gimmick. I'd much rather have the combined dealer support for a single brand. I'm sure they believe it benefits them in profits somehow or they wouldn't do it, but I don't think it benefits the customer. But if they can get a separate EV rebate for each they finally have a legitimate reason to exist. They should be churning out the same damn EV under each brand to get double the credit. Maybe this is against the rules? Or are they just complete morons? |
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