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US Sen. Schumer proposes up to $5,000 cash back to trade in old gas cars for electric cars

2020 Chevrolet Bolt EV charging at Electrify America site, Kelso, WashingtonNew car buyers could get up to $5,000 cash or more to trade in old gas cars for plug-in hybrid, electric, or fuel-cell vehicles, according to an ambitious proposal by U.S. Sen. Chuck Schumer. In an op-ed published late Thursday in The New York Times, the top Senate Democrat from New York proposed a $454 billion plan over 10 years to “put…

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