California to Cap EV Subsides? - Tesla Model III Forum, Tesla Model 3 Forums
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post #1 of 3 (permalink) Old 08-08-2014, 01:30 PM Thread Starter
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California to Cap EV Subsides?

.gov subsides of EV and Hybrid purchases have been a long standing battle ground. In the Us vs Them debate, those for have argued that they help get EV's into the hands of the middle class and those against state just as passionately subsides only help line the pockets of the wealthy who would be buying these vehicles regardless.

California has just taken a step to alter the subsides program

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The LA Times reports that State Senator Kevin de Léon of Los Angeles has introduced a bill that would restrict who is eligible to receive EV subsidies by income level. Under California’s current statute, anyone who purchases a new EV is eligible for a $2500 cash rebate on top of the $7500 federal subsidy. De Léon’s bill, which has passed the California Senate and now waits to be reviewed by the Appropriations committee, would authorize the state’s Air Resource Board to limit eligibility for the program by income. It would also increase the incentives available to middle-class and lower-income consumers. This would include $1500 for junking a “high polluting” vehicle, and $3000 for purchase of a “clean air vehicle,” in addition to the $2500 already on offer for an EV. In addition, incentives would be weighted so that residents in areas with poor air quality (such as Los Angeles) might be eligible for more money.
And the key to all of this...

Quote:
De Léon and the bill’s other supporters cite research showing that under California’s current system, 90% of EV subsidy recipients are households making over $100,000 a year. Almost half of Tesla Model S buyers make $300,000 a year. By shifting rebate money away from those who arguably don’t deserve it and would buy expensive cars like the Model S anyway, de Léon and the environmental groups supporting him believe they can put more EVs within reach of the middle class.
Personally I'm not a fan of subsides, I find them damaging to competition and perverting to true demand. But then again if the uber rich are buying Tesla's perhaps a small kickback to the states largest tax payers is actually a subtle thank you...
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post #2 of 3 (permalink) Old 08-08-2014, 07:38 PM
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i guess it does make sense since the people who really want these could likely spend the bit more to get them without the use of a credit, still, it was a great way to get more EV's out and really push them.



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post #3 of 3 (permalink) Old 08-13-2014, 10:29 AM Thread Starter
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Originally Posted by DWMTM View Post
i guess it does make sense since the people who really want these could likely spend the bit more to get them without the use of a credit, still, it was a great way to get more EV's out and really push them.
That's perversion of actual market demand though. It should not be a function of government to take money from those who can afford the purchase in order to subsidize other people buy something they cannot afford, and before anyone scream bloody murder consider what does a poor person need with an EV, what does it do that a used toyota corolla cant, oh status, got you.

You want to know how far down the rabbit hole we've gone...

from CARB:

Quote:
A $2,500 rebate to purchase an electric vehicle is not likely to matter to someone earning over $300,000 a year, but it does make a big difference to someone earning $60k a year. Every community deserves clean air, regardless of wealth.
So plug your EV into a coal fired electrical socket and dance to the death of the decrepit car We're not removing anything from the system we're simply shuffling its visibility behind an opaque wall of RED...
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