The end of the year is drawing near and it’s time for last-minute legislation in the U.S. Congress. As is tradition, various industries are using this time to lobby for their interests–and the car manufacturing industry is no exception. This time, the spotlight is on electric cars. Tax credits for electric cars, to be specific. GM, Tesla, and other manufacturers of EVs were pushing for an extension of the tax credits introduced during the first Obama administration. The reason: the credits are only granted for the first 200,000 EVs a carmaker manufactures. After the 200,000 mark, a phase-out begins. To their chagrin, Congress did not pass the proposal for an EV tax credit extension. Now, when this legislation was enacted, plans were to have a million EVs on the roads by 2015, energy expert David Blackmon wrote in a recent Forbes article . This did not happen, but it […]