For anyone curious, if you made a similarly sized gas-powered pickup with an i4 engine, it would be penalized more than a full-sized pickup for being too fuel inefficient, despite likely getting much better mileage than an F-150 because, since 2011, bigger cars are held to a lesser standard by CAFE[1].
1: https://en.wikipedia.org/wiki/Corporate_average_fuel_economy...
Fine print: The truck in the link is only $20K after government subsidies/rebates. So if the government gives my tax dollars to buyers of this truck, then it will cost $20K.
Even finer print: the $7,500 federal incentive is a tax rebate. If you don't have a $7,500 tax liability, you won't get the full amount. (this also applies if you transfer the credit to the dealer at point of sale). I mean, money is fungible and all, but your particular tax dollars aren't going to people who buy EVs, they are just paying less in taxes.
>this also applies if you transfer the credit to the dealer at point of sale
No, it does not. See Q4 at the following link:
https://www.irs.gov/newsroom/topic-h-frequently-asked-questi...