Summary
- States are taking the lead in promoting the EV revolution, with governors like Jared Polis in Colorado offering generous state incentives for electric vehicles.
- Despite potential cuts to federal incentives, the EV market in the US is growing, with more affordable electric cars becoming available and sales increasing.
- Michigan engineer Cody Colder purchased a Chevy Equinox EV for a lower cost, taking advantage of various incentives.
- California is prepared to fight against federal policy changes that could impact clean air initiatives and is planning to introduce its own rebates to support the EV market.
- State-level EV incentives are proving to be more accessible and generous than federal incentives, with around 20 states offering financial support for EV purchases, suggesting that states will lead the way forward in promoting the EV revolution.
Article
Amidst Emperor For Life Trump’s disregard for Joe Biden’s clean energy and clean transportation programs, state governors are stepping up to continue the EV revolution. Colorado Governor Jared Polis highlights the importance of state incentives, such as up to $6,000 for residents who purchase electric vehicles. With almost a third of new cars sold in Colorado being electric, the state’s incentives are playing a significant role in promoting EV adoption. In the absence of federal credits, Governor Polis is considering additional incentives to make EVs more affordable, emphasizing their lower operating costs and superior performance.
While federal incentives under the Inflation Reduction Act only apply to about 20% of electric cars, the EV market in the US is still thriving. Sales of battery electric vehicles have increased steadily, with the average price dropping by $2,000. Despite the potential loss of federal incentives, the market offers a wide range of affordable EV options. Some states, like Colorado, provide more generous incentives than the federal government, driving the sales of lower-priced electric vehicles. The consumer-driven market is proving that incentives may not be the sole factor in EV sales, as consumers are making choices based on the merits of the vehicles.
Michigan’s Cody Colder’s experience with buying a Chevy Equinox EV exemplifies the affordability of electric vehicles in the market. With various incentives from General Motors and dealerships, Colder was able to secure a deal on the Equinox, making it a more cost-effective option compared to other models. However, the impending threat to federal climate policy under the Trump administration puts such deals at risk. California is taking a stand against the administration’s policies, reaffirming its commitment to clean air and green jobs by promoting zero-emission vehicles and EV incentives to support the EV revolution.
State-level EV incentives are becoming more prevalent across the country, with around 20 states offering financial benefits for EV purchases. The ongoing EV revolution may face challenges in the future, but the increasing availability of electric models and state incentives are keeping the movement alive. As the EV market normalizes and more options become available, consumer interest in electric vehicles is expected to grow. Despite current political obstacles, the momentum of the EV revolution in the US shows promise for a sustainable future driven by cleaner transportation options.
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