info@evworld.com


Study: US Government Could've Saved $2B by Giving EV Buyers Cash Instead of Tax Credit

12 Jul 2022 | Abstracted from The Drive

"...George Washington University study suggests that [EV] buyers would prefer rebates now rather than tax cuts...the average EV buyer would have been just as happy with a direct, immediate cash incentive that was $1,440 less than the current $7,500 tax credit..

Had "federal government...handed buyers a check for roughly $6,000 instead of using the current tax credit model, they could have saved roughly $2.07 billion from 2011 to 2019..."



PREVIOUS NEXT

    ADDITIONAL RELATED NEWS LINKS


    2146261

    Get In Touch

    Papillion, Nebraska, USA

    info@evworld.com

    SUPPORT EVWORLD

    Become a patron and help spread the good news of the world of electric vehicles.

    Newsletter

    Not yet ready for primetime.

    © EVWORLD.COM. All Rights Reserved. Design by HTML Codex