Harvey
Administrator
- Joined
- Jul 15, 2020
And yes Ev demand is growing, however the rate of growth is both decelerating and decelerating more quickly than was expected.
Like inflation, prices aren't coming down, they are just rising at a slower rate.
I'm learning.
China and Europe are big drivers. In China, one of every three new cars are EV. Europe 1/5 and the US 1/10. Those three countries/regions are responsible for 95% of EV sales.
All kinds of stuff is subsidized.
Government Subsidies for Business
Many industries rely on government assistance in both good times and bad. What are the benefits of these programs, and how do they impact the consumer?
www.investopedia.com