EV subsidies end, automakers face sales and pricing shifts

1 min read
Source: Electrek
TL;DR

The article argues that the recent removal of the $7,500 federal EV tax credit by Republicans is unjustified, given that fossil fuel vehicles have historically received over $20,000 in subsidies per vehicle over their lifetime, including implicit costs like environmental and health damages. It advocates for pollution pricing as a fairer solution and criticizes current political actions that favor oil industries over cleaner transportation options.

Share this article

Want the full story? Read the original reporting

Read on Electrek