Thinking of Buying an Electric Car? The Tax Credits and Benefits to Know


By Perri Ormont Blumberg

Nov. 5, 2023 7:00 am ET

If you’re considering buying an electric vehicle, you’ll have to answer one big question: Where will you charge it? Plus, how often?

If you live somewhere without a garage or nearby charging station, this might be a tricky time to go full electric. More than half of U.S. consumers say they are thinking about buying either a new or used EV, up from 38% in 2021, according to recent research from Cox Automotive. The top reason people aren’t going for EVs? The cost, followed by a lack of nearby charging stations.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8


Leave a Reply

Your email address will not be published. Required fields are marked *