May. 12 at 12:06 PM
$BLNK
$5, that’s what is projected the average gallon of regular gas to reach. This doesn’t apply to California where gas price is much more expensive.
When gas reach
$5 and above, buying EVs become more frequent
There is a proposal to suspend the 18 cents federal tax on gasoline but that’s like putting a bandaid to gushing wound
What’s needed in my opinion is a tax credit on EV purchases and it doesn’t have to be like
$7,500. It’s the availability of such that brings a welcoming environment for EVs.
I am bullish on
$BLNK and
$EVGO where I hold stocks.
