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San Clemente Looking to Cash in on EV Sales

Posted: Sat May 07, 2022 3:11 am
by claireokc
SAN CLEMENTE, Calif.—After identifying a lack of tax revenue from vehicle sales, officials are looking at ways to be a city friendly to electric vehicle dealers, citing the predicted rise in such car sales and the ease consumers purchase cars these days with just a click online. “Electric vehicles are the wave of the future,” San Clemente City Councilman Steve Knoblock said during a May 3 council meeting. “It would potentially create a massive tax revenue for our city.” According to a 2021 study by consultancy firm McKinsey & Company 42 percent—or approximately half a million electric car registrations nationwide—are in California. The figure was presented to councilors by city economic officer Jonathan Lightfoot. ...

Source: https://www.theepochtimes.com/san-cleme ... 51519.html