, but based on the qualifications for the credit, the bZ4X would get the full $7,500 before the phase out begins.The Toyota spokesperson we reached out to by email didn't specify if or when prices would be adjusted or if the brand expects an extension to the federal EV tax credits. Bob Carter, outgoing executive vice president of sales at Toyota and Lexus, gave us some, stating"What we're after is equity.
Currently, the only plan by the Biden administration is to provide federal EV tax credits to manufacturers with a unionized labor force. Toyota, currently, does not use union labor at its manufacturing plants here in the U.S.; neither does Tesla.
The only remaining way to incentivize customers in the meantime is by reducing prices and offering rebates, just as GM has. Toyota's spokesperson did say this about expanding the federal EV tax credit in general,"Consistent with our drive to reduce carbon, Toyota supports tax incentives to make electric vehicles more affordable. Providing incentives to customers of companies that have led the way on electrification will help accelerate America's transition to an electric future.
oh janewells - you mean the Toyota model where the wheels fall-off? 🤪 RWMann
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