Analysis: Bay State’s EV Rebate Program Overwhelmingly Benefits Wealthy Suburbanites


A Photo of the Fisker Karma, a Plug-in Hybrid Luxury Sports Sedan

 

(From StreetsBlog)

On a per-household basis, the list of communities that have received the most money from the MOR-EV program include some of the Commonwealth’s most elite suburbs: Lincoln (where the program has delivered $249,000 in rebates to new car buyers), Harvard ($177,500 in rebates), Waban in Newton ($196,000 in rebates), Carlisle ($178,500 in rebates), and Lexington (where the program has spent $1.1 million, split between the town’s two ZIP codes).

In all, 79 percent of the MOR-EV program’s rebates (about $30 million) went to car buyers in ZIP codes where the median household income exceeds the statewide median income.

Click here for the article.

This article was originally posted here: https://www.ac2news.com/2021/02/analysis-bay-states-ev-rebate-program-overwhelmingly-benefits-wealthy-suburbanites/.

0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More from Against Crony Capitalism: