RIDE - How Rebates Program Could Reenergize EV Adoption in Washington State
Electric vehicles (“EVs”) are expensive. Although the government is keen on replacing the internal combustion engine (“ICE”) cars on the roads with zero-emission EVs, the high purchase prices of the vehicles lock out a large percentage of the population. According to the Fuels Institute, the average electric car owner has an annual household income of more than $100,000. In Washington State, for instance, high price points are preventing low-income residents, who make up a significant percentage of the population, from purchasing EVs.
This is despite the fact that Washington is one of the best states in the country to own an electric vehicle, says Scott Case, CEO of Recurrent. The state’s more than 1,000 hydroelectric dams ensure a constant supply of clean, affordable energy, and Washington also has some of the nation’s highest gas prices. Furthermore, its mild climate makes it great for EV performance because electric vehicle batteries can lose range in cold weather...
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)
For more information, please visit https://www.GreenCarStocks.com
Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer
Green Car Stocks
Los Angeles, CA
www.GreenCarStocks.com
415.949.5050 Office
Editor@GreenCarStocks.com
Green Car Stocks is part of the InvestorBrandNetwork.