No More EV Rebates As Government Runs Out of Cash

The electric vehicle rebate program is a government initiative offering financial incentives to encourage consumers to buy electric vehicles. It includes tax credits, cash incentives, or discounts on purchases to promote the adoption of EVs for sustainability. However, the program raises questions about its long-term financial impact on governments due to increased spending on rebates. Balancing these benefits with fiscal considerations presents a challenge for policymakers.

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