EV subsidies end, automakers face sales and pricing shifts
TL;DR Summary
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.
Topics:business#climate-policy#electric-vehicles#ev-subsidies#fossil-fuel-subsidies#gas-car-subsidies#politics
- The $7,500 EV tax credit is gone, but each gas car still gets $20k+ in subsidies Electrek
- Ford CEO says customers are not interested in $75,000 EVs Yahoo Finance
- Tesla hikes lease prices as US electric vehicle tax credit expires Reuters
- Ford CEO expects EV sales to be cut in half after end of tax credits CNBC
- Ford CEO outlines future of EVs, workforce issues, stock price Detroit Free Press
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