The EV Industry | November 10, 2017

Tell Congress: Keep the EV Tax Credit


Team ChargePoint

Support American Innovation

Among the various proposed tax reform plans in Congress is a proposal to repeal the $7,500 federal electric vehicle tax credit by the end of this year. While we don’t believe the EV technology space will require support forever, pulling the rug from under this effective policy and others like it too soon will negatively impact the future success of electric mobility and technology development in the U.S. This credit continues to support the rapid growth of electric mobility and advanced transportation development in the U.S., as we experience more than two years of month-over-month EV sales growth. Prematurely ending foundational policies that foster transformative technology, have positive impacts on economic growth and job creation and spur investment in states across the country will slow this growth, threaten American technology leadership and hurt the ability of U.S. companies to compete on a global stage.

As new EV models come to market, automakers and drivers alike need to be able to count on policies that foster innovation and support a flourishing market. This is why ChargePoint supports initiatives that protect American innovation, leadership and jobs, inspire continued growth and help reduce emissions by increasing the adoption of electric vehicles. We ask you to join us and other EV enthusiasts in signing this petition asking Congress to retain the EV tax credit. 

Sign the Petition

Our CEO on the issue:

"With the House of Representatives having passed their tax reform plans and the Senate having released their version, the uncertainty around the basic existence of the Federal EV tax credit, as evidenced by the difference between the two proposals, will be disruptive to the industry. 

"While we don’t believe the EV technology space will require support forever, pulling the rug from under the effective Federal EV tax credit policy and others like it too soon will negatively impact the future success of electric mobility, technology development in the U.S., and the EV market overall.

"ChargePoint supports initiatives that protect American innovation leadership, jobs, and inspire continued growth while helping to reduce emissions and increasing the adoption of electric vehicles. Prematurely ending foundational policies that foster transformative technology, have positive impacts on economic growth and job creation, and spur investment in states across the country, will slow this growth, threaten American technology leadership around the world, and hurt the ability of U.S. companies to compete on a global stage."

–Pasquale Romano, CEO, ChargePoint


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