California Ends Electric-Car Rebates For Wealthiest Buyers, Boosts Them For Poorest

Purchase rebates and tax credits have been a major factor in the growth of electric cars over the past few years. By easing the price gap between electric and internal-combustion models–and providing the allure of a cash handout–they’ve helped get more people into electric cars. But for some consumers, price is less of a concern than it is for… …read more