Yahoo Gets It Wrong — These Are The Reasons EV Market Share Is Lower In USA Than Europe & China - CleanTechnica

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Yahoo Gets It Wrong — These Are The Reasons EV Market Share Is Lower In USA Than Europe & China

. Frankly, it’s surprising that USA’s EV market share is as close as it is to the others’.

Europe and China are far ahead of the US for one simple reason: they require it. Europe has policies in place that will hit automakers with crippling fines if they don’t sell enough electric vehicles. China has its own stringent policies. Of course, both also have plenty of positive financial incentives, but that’s not what has them sitting at 12% and 20% instead of 7%.

But it’s not just like automakers forced their EVs on people in Europe. What they did was they made them available, and yeah, actually tried to sell them. Getting an electric car in Europe isthan in the US. There are dozens of more models, and they’re available more or less everywhere. Furthermore, the waitlists are not as bad.

I’m all for pushing for better EV charging infrastructure and lower-cost EVs, but let’s not misrepresent the story or the market. Americans actually do want EVs, and would buy them, and the best thing we could do to increase EV adoption is the same thing China and Europe did: require that automakers sell them.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines