Should electric cars be subsidised?

Norma Runolfsson asked a question: Should electric cars be subsidised?
Asked By: Norma Runolfsson
Date created: Tue, Apr 27, 2021 7:35 AM

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👉 Should electric cars replace gas cars?

When Will Electric Vehicles Replace Gas-Powered Cars?

  • Weak Competition from Alternative Eco-Friendly Power Sources. Of all the eco-friendly ways to power your vehicle, electric cars have in recent years become more popular and convenient.
  • High Maintenance Costs of Gasoline Powered Cars. Gasoline powered cars are difficult and expensive to maintain…
  • Charging Stations…
  • Familiarity with Features…
  • 5G…

👉 Should cars be electric?

Electric vehicles have the potential to improve the efficiency, affordability, and sustainability of the transport system. However, there remains much uncertainty as to how such a transition from one type of engine to another may unfold, and where it could take place within the European context.

👉 Should all cars be electric?

No

10 other answers

So the question is — should electric cars be subsidised? My short answer is — no. It makes no sense to subsidise electric cars when what we should do instead is make those who emit greenhouse gases and toxins into the air pay for the harm they cause.

The conclusion drawn from this analysis is that the incentivisation of electric vehicles is fully justified—and should even be increased. The incentive should be at least $12,000—an amount which is offset by the reduction in government expenditures generated by the use of a conventional ICE vehicle.

Electric cars are already heavily subsidized. In the UK, there is a taxpayer funded ÂŁ5000 ($8000) subsidy and in the US up to $7,500.

GOAL For Electric Cars Government should continue to give a $7,500 tax break to those who buy electric cars. Government should continue to subsidize electric car companies so that they can improve their technology In ten years technology should improve enough that majority of

These are projects that would need to be done over the next decade anyway, but in order to stimulate the economy, they are done sooner. Now compare that with subsidizing something like electric...

Well you may think that government should defiantly intervene to subsidize electric cars but I might wonder why the government would be defying anyone or why. Electric cars are in essence little cleaner than oil powered vehicles. In the end the increased demand for electricity will lead to only a slight lessening of environmental impact.

Several better and sometimes cheaper EVs are arriving now, and, in 10 years or so, electric vehicles will be the logical choice for most new car buyers. However, right now they are very expensive....

That's not a fair system, but it's what's happening with electric-vehicle subsidies. Both federal and state governments have generous handouts for electric vehicles. The federal tax credit extends...

And, because individual consumers may not consider these benefits when deciding what vehicle to purchase, electric cars should be subsidised to encourage adoption. We can roughly classify these benefits into four categories: environmental, reduced oil consumption, innovation, and network benefits.

That’s not a fair system, but it’s what’s happening with electric-vehicle subsidies. Both federal and state governments have generous handouts for electric vehicles. The federal tax credit extends up to $7,500. Throw in state subsidies, and that figure can easily top $10,000.

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