Remove the 200,000 car cap set per company on the EV tax credit IRC 30D
The current IRC for EV tax credit phases out for a manufacturer’s vehicles when at least 200,000 qualifying vehicles have been sold for use in the United States.
Currently very few car manufacturers have taken the necessary investment into bringing an affordable, compelling, mass market vehicle. Thus the price is still higher for this technology besides the great savings it could provide for the american people in air quality, dependance on oil, positive effects for our environment, and the battle against climate change.
I propose extending the tax credit, if needed funds could be taken from oil subsidies.