2 ms·
"At the same time, the government is considering reducing cash incentives for the purchase of electric cars." when there's no money left... there's no money le
by kmlx 7y ago
"At the same time, the government is considering reducing cash incentives for the purchase of electric cars."
when there's no money left... there's no money left.
- modriano 7y agoWell, the plan was always to eventually reduce the cash subsidy for electric vehicles. The subsidy was intended to help electric vehicle design and manufacturing to mature to the point that electric vehicles are a viable, affordable, and desirable option for a large number of actual consumers. This is happening. I see dozens of Teslas on the road every day (I live in Chicago, I'm not sure if my experience is typical, but I assume it is approximately representative of US autobuying trends). So I guess I don't see it as a "we're out of money and need that income", rather I see it as a "now that the EV market has matured, we can take the training wheels off".