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Plug-In Drivers Not Missin' the Piston Electric vehicles are here to stay. Their market acceptance and growth will continue. Why?...

Friday, January 18, 2013

CBO | Effects of Federal Tax Credits for the Purchase of Electric Vehicles

CBO | Effects of Federal Tax Credits for the Purchase of Electric Vehicles: "CBO estimates that federal policies to promote the manufacture and purchase of electric vehicles, some of which also support other types of fuel-efficient vehicles, will have a total budgetary cost of about $7.5 billion through 2019. Tax credits for buying electric vehicles—which account for about one-fourth of that cost—are likely to have the greatest impact on vehicle sales."

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