Beginning in 2024, everyone under the income limit qualifies for the full $7,500 rebate. It does not matter if you owe less than that in taxes, and you can get it at the time of purchase instead of waiting for next year's taxes.
https://www.npr.org/2023/12/28/12...ford-vw-gm
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Item 1 of 13
expiredDC13 posted Jun 3, 2023 9:12 PM
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edit: For clarification from the wiki: "The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due."
So lower income people will not get a $7500 refund, it depends on your liability. i.e. A SDer responded about a student being angry in a previous thread that they only got $500 back and not $7500.
Virtually all of the ICE vehicle can be recycled. Generally the only items not recyclable per se will be interior trim - it's mixed plastic and rubber. Engine? steel or aluminum. Gearcases? Steel or aluminum. Body, frame, etc, steel or aluminum. In fact, about 86% of a car can be recycled [recyclenation.com].
Meanwhile your EV will still have a fully and readily recyclable frame and body, just like the ICE. The motor will generally be recyclable. The battery? Not really. Generally batteries and battery packs are not really designed for recycling. Most are just thousands of individual cylindrical cells, that themselves are spiral wound multilayer structures. There's no easy way to separate the materials here. An ICE, you literally rip out the engine with heavy equipment and include it in with any other steel or aluminum - the process is astonishingly easy and quick [youtube.com] with heavy equipment.
Meanwhile, the batteries are generally just shredded [ucsusa.org]. The resulting material is called "black mass" and is placed into a bath of caustic chemicals to leech out the *important* elements. In certain cases, that black mass is first incinerated to burn off plastic and epoxies. Yeah that sounds super efficient and environmental to me.
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There was a special exemption for 2020. Other than that they DO recapture that credit if your income is too high.
Are you ever not wrong my dude?
https://www.irs.gov/affordable-ca...s#Repaying
I guess the answer to my earlier question of are you ever not wrong is no
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GM was founded in 1908. Tons of folks made electric cars before then.
President McKinley, when shot in 1901, was taken to the hospital in an electric ambulance.
They actually were hugely popular in the car market for a brief period in the very late 1800s/early 1900s-- NYC had over 600 electric taxis in the period, then the Model T came along and crushed everything though and it'd be generations before they were a thing again.
Ford actually talked with Edison about doing an electric car BEFORE he did the Model T....the deciding factor at the time was too much of America didn't have electricity at their homes yet.
https://www.caranddrive
GM was founded in 1908. Tons of folks made electric cars before then.
President McKinley, when shot in 1901, was taken to the hospital in an electric ambulance.
They actually dominated the car market for a brief period, the Model T came along and crushed everything though and it'd be generations before they were a thing again.
And just as with everything else you "know" it's factually, hilariously, wrong
Maybe you might give google a try next time!
I mean, this HAS to be some kinda performance art right-- nobody is this wrong about everything 100% of the time in real life....
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You tried to claim that homeowners can't charge at home because of breaker panels
Any house can charge with no modifications if they have no other option.
Most people don't use the entire range of the car, and if they do, a new 240v 16A circuit is inexpensive. Houses with electric dryers can use that same plug with a smart switch. That provides 4x the charge rate (you seem capable of simple math).
2. They could make EVs that had a range over 200 miles. The Roadster was over 200 miles. The Leaf and others were experimental and did not add as many batteries. Honest battery engineers admit it's very difficult to improve the tech. It's not like a freaking Iphone or game system.
3. The Concorde was released in the late sixties. One might have imagined we'd at least be flying as fast as that plane by now as the standard, but we're still flying the same, slow commercial airliner types. It's a fallacy that all tech improves given time. If that were true, we'd have laser rifles by now, LOL.
2. It also has to do with cost, weight, build. Newer EVs have higher capacity batteries at roughly the same size/weight. That Roadster was a sports car that weighed quite a bit less than the Leaf of that same year.
3. We're still flying the same, slow, commercial airlines but planes have gotten more fuel efficient with each generation. Air travel has also gotten far cheaper now than decades ago. The biggest downside to the Concorde was cost. EVs are improving in both efficiency and cost.
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Some says, Line 24, some says Line 37.
What if line 37 is empty because most/all of the tax was paid upfront as part of paycheck (total paid taxes in advance, Line 33)
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