Dianne and Robert Teglia with their Tesla sedans at their home in Carmel Valley, a well-to-do neighborhood in San Diego where electric vehicle adoption is notably high.

By Ivan Penn and Niraj Chokshi, New York Times
Why aren’t more people already driving electric cars? There are several reasons, but one of the big ones is the price tag. They cost a lot more than gasoline vehicles.
At the high end, for example, a Tesla Model S starts at more than $80,000. At the low end, a Chevrolet Bolt starts at $31,000, nearly $10,000 more than a larger gasoline-powered sedan like the Chevy Malibu.
But that’s not the whole story. There are government incentives in place to help E.V. buyers. Those programs, however, heavily favor the affluent over average families.
The incentives are, in effect, “subsidizing my luxury,” said one buyer.

You can read the full article here.

Don’t miss environmental news like this Click for updates
Verified by MonsterInsights