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Buttigieg: 3 Reasons Government 'Needs to Encourage' EV Transformation

24 Jul 2022 | Abstracted from Yahoo Finance

"Those three reasons: The U.S. needs to act fast to address climate change; make sure U.S. firms take the lead; and ensure that the benefits of EVs reach everybody quickly including lower income drivers."

"Who will actually buy EVS? New polling from AAA finds a quarter of Americans will likely buy an EV as their next car; however, high purchase prices remain the No. 1 reason that consumers might hesitate to take the plunge."



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