Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on House Republicans propose to scrap $7,500 electric vehicle credit. Parent comment
That's false.
> It exclusively benefits low volume, high margin EVs.
That's also false. It benefits high margin vehicles regardless of volume and high margin does not necessarily mean luxury.
> Meaning if you sell more than 200,000 cars you no longer get the credit.
That's also false. Crossing the 200k mark starts a phase out process that takes a year.
So if GM managed to produce and sell 10 million ICE cars in the United States in 1 calendar year, the buyers would all receive a tax credit.
As yet, no manufacturer has reached 200k sales in the United States. Again Nissan leads the pack but has yet to reach the 200k mark.
There are no comments on this comment yet.
That's false.
> It exclusively benefits low volume, high margin EVs.
That's also false. It benefits high margin vehicles regardless of volume and high margin does not necessarily mean luxury.
> Meaning if you sell more than 200,000 cars you no longer get the credit.
That's also false. Crossing the 200k mark starts a phase out process that takes a year.
So if GM managed to produce and sell 10 million ICE cars in the United States in 1 calendar year, the buyers would all receive a tax credit.
As yet, no manufacturer has reached 200k sales in the United States. Again Nissan leads the pack but has yet to reach the 200k mark.