The Electric: With the Clock Running Out on EV Subsidies, Carmakers Offer Up a New Idea

In less than two weeks, the clock will run out on the $7,500 consumer tax credit on the purchase of electric vehicles in the U.S., killed by Congress as part of President Donald Trump’s energy policy. Carmakers expect EV sales to fall off a cliff, since most consumers think the vehicles still cost too much, don’t go far enough on a charge, and are risky since fast chargers are not widely available.