Today, Rob Maurer, host of the Tesla podcast program Tesla Daily, posted on social platforms that the US subsidies for hybrid vehicles are too loose and should be adjusted. Rob Maurer says plug-in hybrid vehicles (PHEVs) with a battery capacity of 7 kWh are eligible for tax credits of up to $7,500 under a new draft of the Inflation Reduction Act of 2022 introduced by Congress, which is the same subsidy as a pure electric vehicle, yet a 7-kWh battery doesn’t even cost more than $1,000.
Therefore, Rob Maurer believes that this is a blatant waste of tax revenue, which will lead to the backward development of new energy vehicles in the United States and an increase of carbon emissions. Rob Maurer wants to tweak the draft. In this regard, Tesla CEO Musk agreed with Rob Maurer in the comment area and claimed that hybrid vehicles are only a short-lived stage in the development of automobiles, and it is time to give up hybrid vehicles.
Good point. Time to move on from hybrid cars. That was a phase.
— Elon Musk (@elonmusk) July 30, 2022
It is worth mentioning that in the current subsidy policy in the United States, the maximum tax credit for high-emission hybrid vehicles is only $3,334. The new bill directly doubles it, but the subsidy policy for pure electric vehicles has not changed.
In the sales of pure electric vehicles in the second quarter of this year, Tesla became the first with 254,695 sales, followed by BYD with 180,296 pure electric vehicles. In the first half of this year, in the sales of new energy vehicles (including hybrid models), BYD led Tesla with a sales advantage of nearly 80,000 units, becoming the world’s top sales of new energy vehicles.
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