Governments Subsidize Electric Vehicles
Governments Subsidize Electric Vehicles. Federal tax incentives, which totaled $725 million in 2014, are generally credited for the rapid increase in sales of electric vehicles (evs) in the past decade. There is a growing consensus that electric vehicles (evs) are the way to achieve steep transportation emissions reductions.
Government is trying to make it easier to buy electric vehicles. Pros and cons of subsidizing electric vehicles.