The bill amends Section 322.3 of the Iowa Code to allow manufacturers of battery electric motor vehicles to be licensed as motor vehicle dealers specifically for the battery electric motor vehicles they produce. This addition creates a new exception to the existing prohibition against manufacturers or importers being licensed as motor vehicle dealers, which previously included limited exceptions for certain circumstances. The bill defines a battery electric motor vehicle as one that is powered exclusively by electrical motors and does not have an internal combustion engine.
Under current law, engaging in the business of selling motor vehicles without a dealer license is considered a simple misdemeanor, punishable by a fine or imprisonment. The bill aims to facilitate the sale of battery electric motor vehicles by allowing manufacturers to directly sell their products, thereby promoting the adoption of electric vehicles in Iowa.
Statutes affected: Introduced: 322.3