I’m wondering if that’s what this legislation will do.
It’s focused on ensuring that a target % of all cars a manufacturer sells be electric. And in order to do that, they need to get more people to choose to buy electric.
They can achieve that by raising the prices of their ICE vehicles and selling less overall volume, but the proportion of EVs would be higher. or the seemingly easier option would be to create more cheaper EV options that people are interested in buying.
I’m wondering if that’s what this legislation will do.
It’s focused on ensuring that a target % of all cars a manufacturer sells be electric. And in order to do that, they need to get more people to choose to buy electric.
They can achieve that by raising the prices of their ICE vehicles and selling less overall volume, but the proportion of EVs would be higher. or the seemingly easier option would be to create more cheaper EV options that people are interested in buying.