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As $7,500 Federal Subsidies Expire, Electric Vehicles Are About to Get More Expensive

You may not have known this, but the federal government has been subsidizing electric vehicles (EV's) to the tune of a $7,500 tax credit for every electric vehicle sold. In fact, the subsidy is a major reason why we're starting to see more Tesla's tooling around the Twin Cities, but there's a catch: the subsidy begins to disappear after a manufacturer has sold 200,000 units, and Tesla has hit this threshold, meaning the growth of Elon's EV's could slow moving forward. The phase out of the tax credits comes at a bad time for Tesla, after the EV automaker announced it would...

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Three Must-Know Facts About Governor Walz’s Plan to Impose California Car Mandates on Minnesota

On Wednesday, Governor Walz announced that he would be using the bureaucratic rule making process to impose California’s rules for low and zero emissions vehicles (LEV and ZEV) on to Minnesota car buyers. While the Governor has tried to frame this as a win for consumer choice, Minnesota families, and the environment, the facts suggest that the Governor's proposed regulations are solution in search of a problem. Three facts you need to know about this proposal are: This is not about expanding consumer choice. It will mandate the sale of smaller, lighter cars that are not as safe as bigger, heavier...

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