Ford F-150 Lightning Set To Lose Federal EV Tax Credit

[16cards]

A product should be able to stand on its own without mandates and tax incentives.

I agree. In fact, I'd claim EV tax incentives raised prices roughly by the incentive amount.

All because Musk showed a little patriotism….

Don't whitewash it. He was personally incentivized to defund federal programs that posed a financial risk to his businesses.

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[fhodgdon3]

wouldn't be as dissapointed about lose of ev tax credit if the administration wasn't pushing
this notion of reviving the coal industry at the same time. feels like we're walking backwards into the 50's while the rest of the developed world is embracing the future.

 

[speedy123]

wouldn't be as dissapointed about lose of ev tax credit if the administration wasn't pushing
this notion of reviving the coal industry at the same time. feels like we're walking backwards into the 50's while the rest of the developed world is embracing the future.

I’m against EV consumer subsidies, in my mind it is a financial gift to people who, frankly, probably don’t need the help if they are buying a new $75k truck.

But I’m all in on government subsidy to the manufacturers to jump start the arms race in technology and battery. No other way to compete with China. Tariffs might keep Chinese products out of the US and Canada for now, but won’t stop the research and innovation in China that is light years ahead of here and the gap keeps widening.

I’m a Canadian patriot and won’t wade into US politics and Elon, but just based on the outlook for the companies, I dumped my personal Tesla stock and bought BYD. Warren Buffett thought so too, Berkshire owns 4%.

 

[evowner]

It's very simple. If they keep giving incentives to the EV industry they will have less to give to the oil industry, or to translate that, the oil industry has more money to bribe congress than the EV industry.

No worries soon we will have the technology to plan ahead for the monthly major weather disasters.......... OH WAIT, they cut that too!

MAGA !!! (sic fux)

 

[Electric Messiah]

A product should be able to stand on its own without mandates and tax incentives. Such have been going on for over 2 decades now, both Federal and State. And yet, overall EV sales have been disappointing at best.
Why?
When misguided groups and their leaders, recently start bashing & burning and trashing the best, most successful, EV brand Tesla….All because Musk showed a little patriotism…. It’s not helping the cause!
That little tantrum did more to harm EV sales and acceptance than any tax credit repeal. That’s on YOU! kids.
We’ve had over 20 YEARS of Federal and State tax incentives and mandates, yet look how lackluster the EV market is here.
I’d wager that most Lightning owners are first time EV buyers. You know what a great product it is and probably love all the things that make an EV awesome.
But where were YOU for the last 20 years?
Even with a tax incentive Lightning sales only take off when there are major price cuts and financing incentives.
The root of the problem has been debated endlessly…. ignorance, social acceptance, general awareness, endless (social) media bashing, personal safety, violence and property damage, misrepresentation, price, Mfr’s, dealers, charge network, range anxiety….blah blah.
It ain’t Trump.

The real irony …. it’s just a vehicle that runs on electricity.
Why all the fuss?

If "patriotism" is a N*** salute well, o.k...

As for market incentives, let us not forget the fossil fuel industry STILL after all these years receives incentives for exploration and development of finds. In light of this, for the emerging technologies of electric vehicles to be government subsidized in the aims of a cleaner environment, not to mention all the wonderful qualities of electric vehicles to the degree that many of us early adopters will never return to ICE again, seems quite reasonable.

 

[ryun]

As for market incentives, let us not forget the fossil fuel industry STILL after all these years receives incentives for exploration and development of finds. In light of this, for the emerging technologies of electric vehicles to be government subsidized in the aims of a cleaner environment, not to mention all the wonderful qualities of electric vehicles to the degree that many of us early adopters will never return to ICE again, seems quite reasonable.

Yup! I'm kinda against the oil subsidies on principle, but it is a resource that has had a nice return for the US. I can also understand the angle of supporting it from a national security perspective. So I think it's kinda reasonable that they remain. But, y'know, also keep the battery and renewable energy incentives too for the same reason. That'd be cool.

 

[Effonefiddy Lightning]

The rest of the world has moved on to digital photos and the USA is still pushing for film cameras as the future. That’s my EV analogy for how incredibly dumb this US policy is toward EVs. Despite that, EVs will still win in the long run so Ford better not let off the accelerator pedal on this or they’ll be toast.

"Despite that, EVs will still win in the long run" I think the point of getting government out of the auto business, which it does not belong is to let the market do what it does. If Ford wants to stay in business then they'll do what's right, if not, then they won't. It is not the government's job to force business to do something.

 

[Effonefiddy Lightning]

For those of us who aren't "man made climate change" believers, government involvement makes no sense. At least to me it doesn't and that is the main reason why a certain party wants the tax credit to exist. A better more enjoyable driving vehicle is not a good use of tax payers money. Man made climate change is debatable and has not been a proven fact. IMOP and many others.

 

[Effonefiddy Lightning]

I agree. In fact, I'd claim EV tax incentives raised prices roughly by the incentive amount.



Don't whitewash it. He was personally incentivized to defund federal programs that posed a financial risk to his businesses.

His own recent stupidity did a good job of that.

 

[ryun]

It is not the government's job to force business to do something.

Sure it is. Regulating business is an essential government function. Unless you meant something else and I'm misunderstanding?

 

[MidAtlanticLightningClub]

A product should be able to stand on its own without mandates and tax incentives.

Or huge subsidies like the oil industry gets.

 

[Effonefiddy Lightning]

Sure it is. Regulating business is an essential government function. Unless you meant something else and I'm misunderstanding?

Regulating I understand to a point, but they need to stop subsidizing people into buying. Manufactures need to work harder at making them cheaper to buy and stop rushing a product into market.

 

[Effonefiddy Lightning]

A product should be able to stand on its own without mandates and tax incentives. Such have been going on for over 2 decades now, both Federal and State. And yet, overall EV sales have been disappointing at best.
Why?
When misguided groups and their leaders, recently start bashing & burning and trashing the best, most successful, EV brand Tesla….All because Musk showed a little patriotism…. It’s not helping the cause!
That little tantrum did more to harm EV sales and acceptance than any tax credit repeal. That’s on YOU! kids.
We’ve had over 20 YEARS of Federal and State tax incentives and mandates, yet look how lackluster the EV market is here.
I’d wager that most Lightning owners are first time EV buyers. You know what a great product it is and probably love all the things that make an EV awesome.
But where were YOU for the last 20 years?
Even with a tax incentive Lightning sales only take off when there are major price cuts and financing incentives.
The root of the problem has been debated endlessly…. ignorance, social acceptance, general awareness, endless (social) media bashing, personal safety, violence and property damage, misrepresentation, price, Mfr’s, dealers, charge network, range anxiety….blah blah.
It ain’t Trump.

The real irony …. it’s just a vehicle that runs on electricity.
Why all the fuss?

Yes, exactly. And I would add government and NGOs have created this whole mess that benefits their pockets.

 

[Effonefiddy Lightning]

Regulating I understand to a point, but they need to stop subsidizing people into buying. Manufactures need to work harder at making them cheaper to buy and stop rushing a product into market.

Regulating to a point I understand but keep or tax dollars out of it.

 

[hturnerfamily]

my take on this subject: Manufacturers didn't create tax incentives, the GOVERNMENT did.

so, manufacturers can't be 'blamed' because they use the very incentives that we ALL do, when we can, to lower our costs, or to create EVs, that, otherwise, yes, might be years down the road, when it comes to when they are 'cheaper' to build> Actually, they will NEVER be cheaper to build.

The GOVERNMENT offers incentives for manufacturers to build an EV, because, well, in their judgement, they want the US population to drive more 'eco friendly' and less 'gas using' vehicles. It's NOT us, or buyers, or manufacturers.

Yes, we will enjoy the incentive benefits, when and if they are offered - I doubt anyone has turned them down, no matter what your 'view' of this subject might otherwise be.

Should incentives continue? Well, that's a different subject, and one that alludes to whether the US 'needs' incentives, moving forward, or whether we are at the moment in time when buying an EV is as close to a similar choice as buying any other type of vehicle.

Sometimes those in Government want to motivate the public, and use incentives to do so. Those incentives don't take away anyone else's tax refunds, or cost any other tax payers 'more money'... so the idea that those of us using incentives in our buying decisions are not in any way 'harming' anyone else, nor should we want to.


Me : )

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