House introduced bill to phase out $7500 federal EV tax credits 👎

[metroshot]

A lot of what others say but the other thing to keep in mind, at least with Teslas, is that with LFP you’re supposed to routinely charge to 100%, but not with NMC. With My Model Y Long Range, day to day, I charge to 70%, and higher for trips. Charging to 100% puts stress on the pack and shortens its life. I’m careful about battery life management, and I’ve never charged higher than 95% and that’s in the rare case of beginning a cross country trip (I’ve done two in this car with no issues).

I am not concerned about the short time I will own an EV so I charge to 100% on L2 and L3.

Don't plan on keeping my first gen EV past 3-4 years as new tech are coming out all the time.

2 years with my Mach E and battery degradation has been observed.

Maybe the next gen EV will have batteries that can go 100% and faster than these old NCM battery.

 

[midbay]

I found the silver lining for when they cancel the $7,500 tax credit.

The credit is based on a majority of the vehicle being sourced in the US. LFP batteries are far less expensive and better overall but mostly come from China and therefore do not qualify. If the tax credit goes away then Slate is free to get there batteries anywhere they want.

If this happens and they can go with the cheaper and better LFP battery the cost may only increase a few thousand $ instead of the full $7,500 making this an even better truck I would be willing to spend some more on. I would probably be willing to spend the full $7,500 if it came with a long range LFP battery even though they are technically cheaper.

I would get some of my money back after 15 years when the battery still has 35 years of life left in it

Slate already made a commitment to the producer of the NMC batteries, which they would need to get out of. Also, the LFP batteries, while having many advantages, are not as energy dense. The 150 mile range wouldn’t be an issue as they can add more batteries, but there may not be enough space in this little truck to reach the extended 240 mile range.