15 Jan 2023 | Abstracted from GoBankingRates
"It's clear that electric cars are phasing out the internal combustion engine...But the industry still has some growing to do, and it might pay to wait another year or two before you convert."...some EVs previously eligible for tax credits lose those credits in 2023.
"...In reality, the gap between the higher upfront cost of EVs and that of their comparable gas counterparts is shrinking."
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