Proof electric cars don’t need taxpayer support: Tesla and GM sales up despite running out of $7500 tax credits.

While Australia debates how much – or how little – taxpayer money should go towards supporting the rollout of electric cars, data out of North America has revealed Tesla and General Motors were the top-two sellers of battery-powered cars – even without $US7500 federal tax credits for most of the year. In the US, a $7500 tax credit for every electric car sold expires after an automotive brand eclipses 200,000 sales.

Comments

Popular posts from this blog

JLR: Consumer confidence on the rise post-election

Teacher accused of using rented Toyota Supra for land-speed record attempt

Donald Trump’s Lamborghini Diablo sets new auction price record

Honda confirms NSX successor in the works

Most anticipated new cars of 2018

2022 Nissan Qashqai and Pathfinder delayed, Juke and X-Trail production cut

How many cupholders are too many? | Drive Flashback

2018 Ford Mustang pricing and specs

Tesla cars to be banned from Chinese government buildings amid security fears — report

Bear Grylls’ SAS Gulf War buggy for sale, with optional machine gun