writer didn’t understand all the options available and nuances of EV driving. I don’t own an EV, though would like to, but was able tojournalist drove from LA to Vegas to write that slanted piece.
As individuals, the personal EV perspective is close to where we live, but we also need credible information about larger EV trends.Bloomberg New Energy Finance in EV tax incentives in legislative limbo. This is a challenge for the US EV market for two reasons. First, without these incentives it will be harder for consumers to afford EVs in the short term.
Additionally, back in September 2021, India announced a $3.5 billion ‘production-linked incentive’ scheme to support the domestic manufacturing of battery electric and fuel cell vehicles. This policy will likely benefit large domestic manufacturers that are planning to increase their investment in EVs.
With India’s huge population and severe air pollution in some Indian cities, would you expect there will be more EV adoption soon? There are a few factors driving that recent uptick in EV sales in India — strong consumer interest in electric SUVs, policy support — both on federal and state level — and increasing demand from ride-hailing companies. But, even though more automakers are set to introduce new models in 2022, these will still be primarily SUVs and luxury cars. For India to really accelerate, more mass market, cheaper EVs need to be available to consumers.