The EV tax credit included significant incentives for vehicles over 14,000 pounds, impacting fleet sales. The removal of these tax credits is detrimental to US electrification progress. Commercial fleets, crucial to mobility and emissions reduction, are moving slowly toward electrification. Currently, only 14% of fleets utilize EVs, despite high satisfaction from those that do. A 2024 study predicts that most fleets will transition to electric vehicles within five years, highlighting the urgent need for supportive policies to facilitate this shift amidst global competition in electrified transportation.
The removal of tax credits and incentives to both build and purchase EVs will be a detriment to American industries, especially amidst a global shift to electrified vehicles.
Commercial EV adoption among fleet vehicles remains low, with about 14% of surveyed fleets operating an EV, yet satisfaction with EV performance is notably high.
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