Submitted by evpro on February 2, 2014
We are still importing about half of the oil used in this country, which means there is a huge money drain going on in every American community as the $80 fillups continue. As more EVs are in use that money will flow to our domestic electric utilities instead of leaving the country forever. The utilities in turn will use that money to build more domestic generation and a smarter grid. People will also have more money left in their pockets to spend.
I think this economic effect is more significant than the reduction in tailpipe emissions and certainly justifies the fairly mild tax rebates and incentives in place now.
Plus the best EVs in the world are now built right here, so jobs are another contributor.