3-4 years from now, when more manufacturers get into electric vehicles, Nissan will be closer to reaching their 200,000 vehicle limit to qualify for the full tax credit than the other manufacturers. When that time comes the electric vehicle market will be more competitive than now and Nissan may suffer a competitive disadvantage for being an early adopter today.
What do you think will happen? Will Nissan try to compete or scale back? Will the federal government increase the vehicle limit for Nissan?
Also, does Infiniti qualify as its own automaker that can produce 200,000 electric vehicles that receive the full $7,500 credit? And if so, can Nissan make multiple brands to take advantage of it?
http://www.irs.gov/irb/2009-48_IRB/ar09.html" onclick="window.open(this.href);return false;
"the total amount of the credit allowed for a vehicle is limited to $7,500. The new qualified plug-in electric drive motor vehicle credit phases out for a manufacturer’s vehicles over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States (determined on a cumulative basis for sales after December 31, 2009) (“phase-out period”). Qualifying vehicles manufactured by that manufacturer are eligible for 50 percent of the credit if acquired in the first two quarters of the phase-out period and 25 percent of the credit if acquired in the third or fourth quarter of the phase-out period. Vehicles manufactured by that manufacturer are not eligible for a credit if acquired after the phase-out period."
What do you think will happen? Will Nissan try to compete or scale back? Will the federal government increase the vehicle limit for Nissan?
Also, does Infiniti qualify as its own automaker that can produce 200,000 electric vehicles that receive the full $7,500 credit? And if so, can Nissan make multiple brands to take advantage of it?
http://www.irs.gov/irb/2009-48_IRB/ar09.html" onclick="window.open(this.href);return false;
"the total amount of the credit allowed for a vehicle is limited to $7,500. The new qualified plug-in electric drive motor vehicle credit phases out for a manufacturer’s vehicles over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States (determined on a cumulative basis for sales after December 31, 2009) (“phase-out period”). Qualifying vehicles manufactured by that manufacturer are eligible for 50 percent of the credit if acquired in the first two quarters of the phase-out period and 25 percent of the credit if acquired in the third or fourth quarter of the phase-out period. Vehicles manufactured by that manufacturer are not eligible for a credit if acquired after the phase-out period."