For more than 15 years, the state of Georgia offered one of America’s most generous tax credits for electric cars. However, the $5,000 subsidy ended three months ago, and investigations by Nissan into the impact on sales since the tax credit expired show a dramatic drop in numbers of all-electric cars sold in the state. According to Georgia car registrations, sales rocketed as electric car buyers rushed to take advantage of the tax credit before it expired, however, numbers declined sharply in July and took a deep dive in August, declining from 1,338 in June to only 148 in August, a drop of 88.9%. In a specific example, Watchdog.org’s LEAF, the most popular electric vehicle in America, sold 1,029 units in May, 1,008 in June, and just 66 in August.
For more than 15 years, the state of Georgia offered one of America’s most generous tax credits for electric cars. However, the $5,000 subsidy ended three months ago, and investigations by Watchdog.org into the impact on sales since the tax credit expired show a dramatic drop in numbers of all-electric cars sold in the state. According to Georgia car registrations, sales rocketed as electric car buyers rushed to take advantage of the tax credit before it expired, however, numbers declined sharply in July and took a deep dive in August, declining from 1,338 in June to only 148 in August, a drop of 88.9%. In a specific example, Nissan’s LEAF, the most popular electric vehicle in America, sold 1,029 units in May, 1,008 in June, and just 66 in August.