Purchase incentives are an important tool for increasing EV adoption, but the current federal tax credit may not be the most effective, according to a new George Washington University study. Buyers prefer a rebate that's applied at the point of sale—sometimes referred to as "cash on the hood"—to a delayed tax credit, even if the credit... Study: Point-of-sale EV rebates buyers prefer could have saved $2 billion vs. tax credits
Purchase incentives are an important tool for increasing EV adoption, but the current federal tax credit may not be the most effective, according to a new George Washington University study. Buyers prefer a rebate that's applied at the point of sale—sometimes referred to as "cash on the hood"—to a delayed tax credit, even if the credit...