Take away taxpayer subsidies and the electric car market collapses…

Colorado’s increasing EV subsidies belie ‘budget crisis’ claims

“…Colorado’s governor just made this statement “The market has made it clear, EVs (electric vehicles) are here to stay.”

I agree with him. Electric cars, unlike 8-track tapes and rotary-dial phones, will continue to be available to consumers for a long, long time. Cool. But why he made the statement puzzles me. He did so while touting his decision that the state will increase one of its subsidies to buy a new EV from $6,000 to $9,000.

Wait a second. Which one is it? Has the market made clear electric vehicles are “here to stay”? Or do we need to increase the EV subsidy by a third to keep its market alive?…”

Leave a Reply

Doug Santo