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Yeah I'm fairly sure both politicians and car manufacturers are dialing back on their EV push; governments' subsidy pots are emptied out, there's no healthy sec
by Cthulhu_ 2y ago
Yeah I'm fairly sure both politicians and car manufacturers are dialing back on their EV push; governments' subsidy pots are emptied out, there's no healthy secondhand market yet, and there's heavy competition and/or market dominance (including raw materials and batteries, but also government-assisted low prices) from China. I think that's got politicians nervous.
News from Germany is that VW is closing down its German car factories. That's a huge setback. https://www.ft.com/content/f32c172b-d5e9-4397-8831-c61987380e6d https://www.ft.com/content/f32c172b-d5e9-4397-8831-c61987380...