From Reason [1]:
…Other popular measures, such as the electric vehicle (E.V.) tax credit, have historically gone to wealthy consumers [2] who don’t need the credit—while overlapping, redundantly, with various other government privileges [3] for E.V.s, including state rebates and other federal mandates…
Endnotes
- “Reason”: https://reason.com/2022/11/26/subsidies-wont-fix-the-energy-industry/
- “wealthy consumers”: https://www.rstreet.org/2022/02/24/ev-subsidies-likely-to-have-minimal-impact/
- “various other government privileges”: https://www.instituteforenergyresearch.org/regulation/electric-vehicle-subsidies-on-the-road-to-nowhere/