If the tax credit is terminated, I expect most BEV manufactures will reduce their prices
(and especially their lease terms) to maintain sales. Meeting CARB sales requirements (or selling the CARB ZEV credits) actually make up larger subsidies per vehicle than the TC, for most BEV manufactures.
It will probably hit TSLA and PHEV manufacturers hard, though.
TSLA was really counting on another few $ billion in credits to move that big pulse of model 3's it was planning to sell in the USA before credit expiration.
The tax credit special
~16 kWh (or less) PHEV may quickly pass into history as well.
Good riddance, as far as I'm concerned.
https://www.cbsnews.com/news/nissan-to- ... ts-or-not/
Nissan to stick with electric cars, tax credits or not
SMYRNA, Tenn. - The head of Nissan Motor's (NSANY) operations in North America said Monday that the company is undaunted by congressional efforts to do away with a federal tax credit for plug-in electric vehicles. Boasting a 40 percent increase in battery range to 150 miles, the 2018 Leaf will hit dealerships early in the new year with a sticker price of just under $30,000.
But that's before a $7,500 federal tax credit that has been a major selling point for buyers of the previous version of the Leaf or other electric offerings from companies like Tesla (TSLA) or General Motors (GM).
The tax credit could disappear if the House version of a federal tax overhaul bill prevails in negotiations with the Senate, which included the incentive in the bill it passed last week.
The Japanese automaker on Monday celebrated the production of the first new Leaf at its sprawling plant on the outskirts of Nashville. Jose Munoz, the chairman of Nissan North America, told reporters afterward there's "very clear, strong natural demand" for electric vehicles even without the incentives.
"Obviously we welcome support to the EV business," Munoz said. "At the same time, we've built a very strong foundation because we are global leaders on EV."
The Renault-Nissan-Mitsubishi alliance announced in September that it plans to produce 12 new electric models by 2022 and that electric cars will make up 30 percent of its overall output.
"We're going to continue betting on this," Munoz said.
Munoz declined to say whether Nissan would adjust the pricing on the Leaf if the federal tax credit ends...