Full Title: Yes, We Still Need the Electric Vehicle Tax Credit
Author(s): Alexander Laska
Publisher(s): Third Way
Publication Date: June 3, 2022
Full Text: Download Resource
Description (excerpt):
With consumer interest in electric vehicles (EVs) growing, some have started to question whether we still need policy support to drive demand for these vehicles. The short answer is: yes, absolutely. A consumer tax credit for EVs is still essential for several reasons, and Congress should include an expansion of this credit and other improvements in any clean energy package that moves this year. An improved and expanded credit would make EVs more affordable for lower income Americans, help ensure American workers and manufacturers lead the global transition to EVs, and allow more consumers to reap the economic and air quality benefits of EVs.