Melody Drummond Hansen Says Tax Credits Only Partly Drive Electric Vehicle Interest

News / April 25, 2023

Reuters polling indicates that Americans are increasingly interested in buying electric vehicles (EVs). This may be due to increased tax credits, according to an April 25, 2023, Thomson Reuters article titled “Are increased EV tax credits driving force behind Americans’ growing interest in buying?”

Quoted for the article, Partner Melody Drummond Hansen said tax incentives likely do play a role for some consumers who buy EVs, but many people don’t qualify for such incentives and buyers are not necessarily solely motivated by them. People may also consider factors such as better performance and the environmental benefits of EVs, she told Thomson Reuters.

Read the article.

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