From Your Wallet To Theirs: How EV Subsidies Favor the Wealthy

This year , the government has issued $2 billion in tax credits for over 300,000 electric-battery and plug-in hybrids.

14% of households earning over $100,000 own an electric vehicle, compared to 5% of middle-income households and 2% of those earning $ 40,000 or less.

Electric vehicles are simply too expensive for lower- and middle-class households.