Design News - News - Loss of Subsidies Could Burst EV Bubble
Not sure I buy this argument.
Sales of electric cars and batteries will climb steadily over the next five years, but what happens if government subsidies disappear?
That could be another matter, says a study from Lux Research. The study (cited in yesterday's story) paints an optimistic picture of the lithium-ion battery market over the next five years, but predicts a precipitous drop if tax credits are removed. And the study’s author believes that could happen as soon as 2019.
Not sure I buy this argument.