Federal tax credits on EVs are impacting consumer behavior and sales. We dive into the details, trends, and future market predictions here. Consumers spend 35% more at the gas pump this year than last. The rise in gas prices has many people looking at alternative options, such as electric vehicles. High gas prices and EV sales have a direct correlation these days. Consumers benefit from… Read More »A Guide to Federal Tax Credits on EVs
By the year 2035, the state of California intends to no longer sell vehicles which create emissions. The executive order, which was put into place in September 2020, requires that by 2035 all-new cars and passenger trucks sold in California must create zero emissions. According to the statement by Governor Gavin Newsom, transportation currently makes up over half of the greenhouse gas emissions created in… Read More »The Rise of EVs and their Impact on California’s Emission-Free Aims
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