RFF Underscores GHG Importance Of Incentives For Commercial EVs

A new Resources for the Future (RFF) analysis is highlighting the importance of pending federal incentives for commercial electric vehicles (EVs) as a route to greenhouse gas cuts, showing proposed subsidies in Democrats’ stalled budget plan could allow EVs in certain segments to achieve a 50 percent market share -- or far more -- by 2035. Without those incentives, however, the “baseline case” in the analysis suggests little growth in those commercial EV purchases by then. The findings also illustrate...