Setting a date to phase out gas-powered vehicles could remove "cheap cars" from the market, putting ownership out of reach for many, and be politically dangerous, the board chair of German automaker
EV tax credits Inflation Reduction Act of 2022 building EV market. Electric vehicles cheaper to own than gas-powered vehicles, lower and middle-income families priced out of EV market. IRA steps towards accessibility sustainability for consumers: point-of-sale incentives.