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>Thought experiment: what % of EV ownership will your country have to reach before those incentives disappear? There is this annoying issue of governments needi
by jdietrich 8y ago
>Thought experiment: what % of EV ownership will your country have to reach before those incentives disappear? There is this annoying issue of governments needing to raise tax revenue one way or another
Subsidies are a stopgap measure, not a permanent fixture. Economies of scale are hugely significant in the motor industry, presenting EVs with a catch 22 - they're too expensive because not enough people are buying them, and not enough people are buying them because they're too expensive.
Volumes are increasing and prices are falling rapidly, which should allow for the phase-out of incentives within the next few years. Government investment in public charging infrastructure is probably necessary until at least 2035.