GettyAutomakers worldwide are ramping up to produce a coming fleet of electric and gas/electric hybrid vehicles, but the question in the U.S. remains whether they will ever become mainstream vehicles. It doesn’t help that there seems to be a culpable lack of enthusiasm from both automakers and dealers in selling electric and plug-in hybrid vehicles here. As for the cost factor, it doesn’t help that Congress has yet to extend or amend the current federal incentives for purchasing an electric or plug-in hybrid vehicle. One-time federal tax credits of between $3,500 and $7,500 were enacted in 2010 to help spur sales of plug-in vehicles. “Dwindling incentives and static or loosening emission standards have failed to push more Americans to consider electric vehicles."

Source: Forbes December 09, 2019 16:52 UTC