May 4, 2026

Electric vehicles

NY Times -  Washington turned against electric vehicles after Donald Trump became president. Congress eliminated a $7,500 tax credit for buyers last year, causing sales to plunge. But rising gas prices strengthen the argument for E.V.s, because electricity is almost always cheaper. And electric vehicles are becoming more affordable: Used models sell for about the same as comparable gasoline-powered cars. All of which may explain a recent revival. Monthly sales of new E.V.s rose 20 percent in March. Used ones soared 54 percent.

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