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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

We expected it would come from higher prices or a supply disruption—we’ve all been surprised.) We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. As high-volume production brings down their price, we can taper down the incentive over a second five million.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. Additionally, consumers are likely to opt for more economical choices when possible, avoiding premium consumer goods.

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