Germany, Sweden, and New Zealand have all scrapped their electric vehicle subsidy programs and seen a resulting slowdown or drop in sales. This comes at a time when the world needs to dramatically ramp up efforts to move to zero-emissions vehicles and pull fossil-fuel-powered ones off the roads to address climate change.
Experts are now cautioning that ending these support systems too soon could jeopardize progress on climate change. As EVs continue to enter the mainstream, the question facing policymakers is how to decide when the technology is ready to stand on its own—something that will likely vary in each market.
HallInternational434 on
The money for these subsidies should be diverted to making ev supply chains in friendly and transparent countries, with better and cleaner production.
Subsidising China which it currently is, is bad. I’m sorry but we need to get China out of our supply chains
Chicoutimi on
It depends on what the funds that would have gone to EVs are going to instead and whether restrictions on ICE vehicles are being tightened.
3 Comments
**From the article:**
Germany, Sweden, and New Zealand have all scrapped their electric vehicle subsidy programs and seen a resulting slowdown or drop in sales. This comes at a time when the world needs to dramatically ramp up efforts to move to zero-emissions vehicles and pull fossil-fuel-powered ones off the roads to address climate change.
Experts are now cautioning that ending these support systems too soon could jeopardize progress on climate change. As EVs continue to enter the mainstream, the question facing policymakers is how to decide when the technology is ready to stand on its own—something that will likely vary in each market.
The money for these subsidies should be diverted to making ev supply chains in friendly and transparent countries, with better and cleaner production.
Subsidising China which it currently is, is bad. I’m sorry but we need to get China out of our supply chains
It depends on what the funds that would have gone to EVs are going to instead and whether restrictions on ICE vehicles are being tightened.