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The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk
An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. Tags: Green cars Latest news cash for clunkers scrappage scheme. Leave a comment with your thoughts.
In this article, we will review the facts and explain our thoughts on where we believe EVs are headed. In order to envision what may lie ahead, it’s key to understand how the EV industry was evolving up until the novel Coronavirus outbreak. EVs were experiencing rapid growth before the COVID-19 outbreak.
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