Show #1546
Good morning, good afternoon, and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It’s Friday 29th July, it’s Martyn Lee here and I go through every EV story so you don't have to.
Brian Willis, Communications Director, ZETA
"EV Tax Credit Refund Ability Question: Page 381-382. It appears that the person who buys the car transfers the credit to the dealer, who receives an advanced payment, which is treated as refundable for tax purposes. Why they did that i have no idea."
Alisa Petersen @amariepetes "essentially makes it a point of sale rebate, but gets around fraud concerns because you just need to work with dealerships to track sales instead of individuals. It’s actually a really elegant solution :-)"
Loren McDonald at EV Adoption
10) I searched the doc and did not find a reference to the tax credit being refundable - which is dumb. That was one of the most important previously proposed changes to make the credit more relevant to more modest households.
QUESTION OF THE WEEK
QOTW is taking a break for a while.
It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast.
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PHIL ROBERTS / ELECTRIC FUTURE
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MILLBROOKCOTTAGES.CO.UK – 5* LUXURY COTTAGES IN DEVON, JUMP IN THE HOT TUB WHILST YOUR EV CHARGES
