Without much doubt, the automotive story of 2020 will be the avalanche of new full electric and plug-in hybrid vehicles coming to showrooms.
With lower electric incentives, 2020 will put car buyers in the awkward position of finding one electric car much more attractive than its competitor due to regulation timing rather than just the vehicles’ attributes and MSRP.
Tesla buyers no longer have IRS tax credits available, and GM is approaching that situation as well. California just reduced its plug-in incentives across the board, lowering rebate amounts, limiting them to cars that cost no more than $60,000, and excluding plug-in hybrids that can’t do at least 35 miles on a charge.
Read the article at CNET.