We will trade you Trump for JT, we will add Ivanka and Jared.
Nissan received state incentives to move to TN, the state incentive is nothing new. Every state tries to lure business with incentives. You should call all these big companies welfare users.
The tax credit was used to encourage sale of zero or super low emission vehicle. You are right it helped launch the product, the government did it to encourage zero to low emission vehicle. Given 8% of new cars sold in CA have a plug now, I would say the incentive did its job to encourage more sales. CA sold 2 million cars last year, I think all of Canada sold that much.
Toyota Mirai is doing great, selling about 300 copies a month. Leases are $400 per month with zero down. You can get a free hydrogen card too.
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Originally Posted by ZCanadian
I think I am quite clear about the difference between a loan and a grant. I never mentioned loans. "Government handouts and incentives" was the term I used, and the Nevada deal was a doozie. Your knee-jerk response is just wanting to defend the indefensible. And you can have JT and his tom-foolery if you want him, 'cuz we don't. ;-)
The tax incentives were there as a government gift to manufacturers of EV's, who didn't therefore have to produce a competitive product. It was far easier to lobby politicians and charm them into thinking it would look "green" on their CV, than to do the work to get the cost of the car and the technology down. Or to convince consumers to pay the extra cost and "take one for the team" as it were.
I'm not against electrics. But I think that Fuel Cell will be the way of the future and for governments to force the market's hand like this is not appropriate.
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