Related Articles
Forward article link
Share PDF with colleagues

EVs supercharged incentives

If governments want more EVs, they’ll have to pay consumers to buy them and manufacturers to make them—at least for now

Electric vehicles (EVs) can't yet compete with internal-combustion-engine (Ice) rivals. So, if their market share is to keep growing, governments will have to support the trend. Making EVs cheap enough that buyers ditch their gasoline or diesel engine will be key. But manufacturers will probably need some incentives to get mass development under way too. "Possibly the most significant [contributors] are regulatory policies on the auto sector that aren't consumer-facing," says Scott Shepard, an analyst at Navigant Research, a consultancy specialising in green tech. "For example, fuel-efficiency regulations, or credit-trading schemes among auto companies." "If you're in compliance, you have

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
France must invest more in clean energy – IEA
30 November 2021
Government faces key decisions next year on modernisation of nuclear fleet and raising clean energy ambitions to align with EU goals, agency says
RWE eyes South Korea offshore wind project
30 November 2021
German company agrees with Ulsan Metropolitan City to cooperate on development of floating project with a capacity of up to 1.5GW
Accelerating clean hydrogen
29 November 2021
Digital transformation will enable a greener shade of grey hydrogen from oil and gas facilities
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video