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Since we're all complaining about the current EV incentive structure, the biggest problem isn't the amount or tax rebate it's the fact that you get nothing if you lease a vehicle, which is becoming more & more popular and also appeals to those more on a budget.
Leasing affects the most cars because leasers get new cars every 3 years, you would want those to be EVs. But if you lease an EV you get nothing from the govt. It all goes to the captive finance, like BMWFS.
Something like 77% of new BMWs are leased? That's a huge chunk of drivers to ignore. People on the fence about going EV are also more likely to lease so they can try it out for a few years before committing to the full price of a vehicle long term.
But in reality they're just trying to get anything passed here. Overhauling the EV incentives to be better is probably out of scope.
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