Tesla GM And Nissan Have All Teamed Up Against The Government CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Tesla GM And Nissan Have All Teamed Up Against The Government

Tesla GM And Nissan Have All Teamed Up Against The Government

Nov. 16, 2018 5:35 PM ET by Jared Rosenholtz Government / 17 Comments The three automakers want their EV tax credit back. If you haven't already placed an order for a Tesla Model 3, you won't be receiving the $7,500 tax credit that has been offered since 2009. The $7,500 tax credit goes away when an automaker sells 200,000 EVs, a mark which Tesla has surpassed and General Motors is also about to hit. Consumers certainly won't be happy about the $7,500 tax credit going away, as it will effectively make EVs more expensive to buy. In order to combat this issue, Tesla has joined up with GM and Nissan to create the EV Drive Coalition. According to Automotive News, this new group has been created with the goal of convincing Congress to extend that EV tax credit in the US. Tesla Tesla This will be no easy task, as Wyoming Senator John Barrasso has recently proposed a bill to kill of the tax credit entirely. Last year, President Trump also sought to eliminate the tax credit, though Congress voted to keep it. Legislation to modify the tax credit has been proposed in both chambers of Congress and could extend the expiring credits for GM and Tesla. Nissan has also sold around 125,000 electric vehicles as of this year and could be in need of an extension soon. The extension could be granted during a lame duck session of Congress beginning next week. Chevrolet Chevrolet The EV Drive Coalition is currently lobbying Congress to extend the tax credit. "A federal tax credit to help make electric vehicles more affordable for all consumers is integral to reaching a zero-emissions future and establishing the US as the leader in electrification," said Dan Turton, GM's vice president of public policy. "We feel that the tax credit should be modified so all customers continue to receive the full benefit going forward." Without a $7,500 tax credit, automakers could potentially struggle to sell EVs, which cost more than their gasoline-engined counterparts.

Join The Discussion

Show Comments (17)

Gallery

8 Photos Tags: #Tesla News #Chevrolet News #Nissan News #Electric Vehicles #Government

Related Cars

Tesla Model 3 Chevrolet Bolt EV Nissan Leaf Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top