Picking winners and losers in the marketplace should be business of consumers, not the job of the government. Perhaps one day advances in technology will make electric vehicles more affordable, reliable and convenient than internal combustion vehicles. When that day comes, electric vehicle makers will thrive because of market competition and consumer choice, not government handouts. It’s time to repeal the EV tax credit and let the market work.
Extending Electric Vehicle Tax Credits Would Entrench a Misguided Policy