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Economy
Electric Car Sales Crash Once The Feds Are No Longer Helping
2015-10-29
[Daily Caller] It only took a month for electric car sales to drop 90 percent after a 15 year old tax credit for electric car buyers expired in Georgia.

The $5,000 subsidy for electric vehicles expired last June and has gutted the electric sector, reducing popular green models like the Chevy Volt to single digit sales across the entire state, reported Watchdog.org. The subsidy is under fire for being a 15-year-long giveaway, rather than a worthwhile incentive.

"I thought the credit turned from an incentive into a virtual entitlement," Georgia Republican state Rep. Chuck Martin told Watchdog.org.

The Nissan Leaf was hit hardest, dropping from 1,008 sales in June to just 66 in August. Overall, only 148 electric cars were purchased in August, down from 1,338 in June. Watchdog.org reports that the $5,000 tax credit was on top of the $7,500 federal credit given for purchasing electric vehicles, making buying one of these cars in Georgia extremely cheap.

"It was never really free, but it was very inexpensive," Don Francis, coordinator of Clean Cities Georgia Coalition, told Watchdog.org.
That which the socialist 'command economy' fails to subsidize, soon disappears.
Posted by:Besoeker

#7  Works for me, rj. :-D
Posted by: Barbara   2015-10-29 22:39  

#6  You make a good point, we can load up the trunks with Tanqueray to ensure Pele understand the sacrifice is being done with all due respect.
Posted by: rjschwarz   2015-10-29 20:40  

#5  It was just another graft machine just like solyndra and the F-35.

As is everything this dolt wastes our money on.
There will be nothing to show for it one day and this place will be as a sunken ship.
Posted by: newc   2015-10-29 17:40  

#4  You're messing with Pele, there, rjschwarz. Bad things can happen if you give her anything but Tanqueray. She's a bit more serious than Gaia.
Posted by: Ebbang Uluque6305   2015-10-29 14:38  

#3  They need to set up a road that goes from the coast of Hawaii (the big island) directly into the volcano. Set the vehicles up to drive by remote control and then sell the right to control their jump into the lava to the highest bidders. Sell the best ones on DVD or streaming and it'll pay for itself. No worries about toxic batteries (at least I don't think).
Posted by: rjschwarz   2015-10-29 13:02  

#2  What I've wondered is, does the owner of an electric vehicle bear the down the line costs of rehab/disposal. There's a whole pile of hazardous waste in one (batteries) and it's not something you can do with parts from AutoZone.
Posted by: ed in texas   2015-10-29 08:15  

#1  Nissan Leaf, Reddy Kilowatt and Willy Wiredhand hardest hit.
Posted by: Shipman   2015-10-29 08:06  

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