PS: Keep in mind that the Comm Gov offers $5 K incentive on average for zero exhaust emissions new vehicle purchases which automatically reduces depreciation.
No, it doesn't.
The depreciation in value still occurs; it simply gets born by the taxpayer.
So, in effect, what we have are the taxes from people on lower incomes (those who can't afford an EV) subsidising the depreciation blow that would otherwise have been experienced by people who are sufficiently well-off that they can afford an EV.
Like so many distortions that arise when governments play the role of picking winners based on ideology, instead of sound economic principles, in the EV space we basically have the working class subsidising inner-city elites.
.
- Forums
- Political Debate
- Hybrids Vs PHEVs vs All Electric
Hybrids Vs PHEVs vs All Electric, page-1225
-
- There are more pages in this discussion • 216 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online