alt Hacker NewsI would prefer that when the dems dive back into EV subsidies, they fly them under the radar instead of using tax credits for buyers. Lots of people actually believe that their fossil fuel is not subsidized, so we need to use the same techniques to actually help manufacturers bring competitive EVs to market.
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It would be better for governments to provide tax credits / subsidies to battery manufacturing facilities than it would be to directly subsidize consumers. The hope being the cheaper battery component cost gets passed onto consumers.
Vehicle sales subsidies frankly just end up rolled into the price as a markup.
The Canadian government here partially has the right idea in only subsidizing vehicles under a 50k CAD ($36k USD) price tier -- unless they're manufactured in Canada. But I don't think that barrier is low enough. Should be $40k or even less. Our subsidy also takes the form of a direct cash subsidy instead of a tax credit -- which is regressive and helps people less in lower income tiers who don't pay much in income taxes.
It would be better to remove all subsidies, so the true cost is revealed to and paid by the consumer. It would be a bit difficult to remove all fossil fuel subsidies though, since that would include a large part of the defence (sorry war) budget that is spent keeping the oil flowing.