Absolutely, in fact, the U.S. government has been subsidizing the production of electric cars
in some shape or form since President Barack Obama set a goal for the U.S. to become the first country with one million electric vehicles in 2011. The Obama administration alone pledged $2.4 billion dollars in grants to support the manufacturing and development of electric cars and batteries.
The majority of states in the U.S. also offer incentives to electric car drivers beyond the federal tax credit
, including bonuses like: Lower vehicle licensing taxes
Excise tax exemption and reduced registration fees
Exemption from parking fees
Exemptions from state motor vehicle inspection and maintenance programs
While these incentives may benefit consumers directly, they also benefit manufacturers as they encourage more consumers to purchase electric cars.
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MORE: How to choose an eco-friendly car