Will Electric Vehicles Have Their Year in 2018?

Alternative fuel vehicles (AFVs) became mainstays in the news in 2017, with several big stories focusing predominantly on electric vehicles (EVs). This, combined with several other factors, could mean a big year in 2018 for EVs and a real shift towards an electric, autonomous, and connected vehicle future. Electric Vehicle Tax Credit The electric vehicle tax credit ranges from $2,500 to $7,500 for new EVs purchased depending on the size of the vehicle. This tax credit is available until 200,000 qualified vehicles have been sold in the U.S. by each vehicle manufacturer. As a side note, this threshold has yet to be met by any manufacturer. The threat of elimination of the electric vehicle tax credit in the federal tax overhaul was one of the biggest EV news stories in 2017. The House version of the bill originally eliminated the $7,500 EV tax credit, while the Senate version did not.… Read More Will Electric Vehicles Have Their Year in 2018?