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Why We Are Here => Economics & Investing => Topic started by: rcjordan on June 14, 2022, 02:33:53 PM

Title: The UK just eliminated its EV rebate incentive
Post by: rcjordan on June 14, 2022, 02:33:53 PM

https://www.engadget.com/uk-eliminates-ev-and-phev-rebates-effective-immediately-093516936.html?src=rss
Title: Re: The UK just eliminated its EV rebate incentive
Post by: ergophobe on June 14, 2022, 04:15:05 PM
In the US they phase out after a manufacturer sells a certain number of cars. The idea was to subsidize the retooling of production plants, not to subsidize cars forever.
Title: Re: The UK just eliminated its EV rebate incentive
Post by: rcjordan on June 14, 2022, 04:18:44 PM
Yeah, Tesla and Chevy have used up their allotment.
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