In boost for Ford and Tesla, Treasury changes EV tax rules making it easier to qualify as an SUV | CNN Business

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The US Treasury Department has announced it's changing things so that the Treasury Department’s definition of an SUV will now comply with the “consumer-facing” standard the EPA uses on fuel-economy labels and on its website

Is the Ford Mustang Mach-E an SUV? How about the Tesla Model Y? Depending on which branch of the US government you ask, the answer could be “Yes,” “No,” or “It depends.” With new rules now in effect for electric vehicle tax credits, that answer could mean thousands of dollars to some car buyers and lots of money to automaker profits. Under the new regulations, car buyers can’t claim tax credits for cars costing more than $55,000. But, for SUVs, the sticker price can be as high as $80,000.

The so-called CAFE definitions of vehicles are often different from what the average American might think based on a vehicle’s shape. Also, under the CAFE definitions, the same vehicle might be defined as an SUV when equipped with certain options but as a car without those features. The Volkswagen ID.4, would be considered an SUV under CAFE when equipped with all-wheel-drive, but a car if not.

 

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Out topic.... See who i am! fucker American president 几拜登

Which Car Do You Like Better? Ford Tesla

Everyone could see the cnnbrk train wreck from miles away. I knew it was headed for the dumpster. Top boss too hard headed to listen. Now the damage is irreparable. It's all his fault. All of it. He broke his new toy. What a shame....

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