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Are Today's Tax Credits the Best Way to Get Americans to Buy E.V.s?

07 Oct 2024 | Abstracted from NY Times

"...totaling those pluses and minuses is complex, but overall the researchers found that Americans have seen a two-to-one return on their investment in the new electric vehicle subsidies. That includes environmental benefits, but mostly reflects a shift of profits to the United States.

"Those benefits were undermined, however, by a loophole allowing dealers to apply the subsidy to leases of foreign-made electric vehicles."

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