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"Strategic government support for next-generation batteries can enhance EV affordability." Translation: subsidize my inefficient business that would fail other
by Vexerciser 2y ago
"Strategic government support for next-generation batteries can enhance EV affordability."
Translation: subsidize my inefficient business that would fail otherwise.
There are but two things that govern the whole of economics:
1) the Law of Prices - the winning bids of purchase and sales in the face of what is on offer sets the price
2) the Axiom of Profit - the sum of sales on prices must equal break even or the firm goes to ruin.
Not enough are willing to bid prices high enough for break even. BEVs are 19th century tech, a huge step backward for mankind.
Meanwhile a methanol to methanol FCEVs with methanol synthed from nat gas and coal is the right way to go.