Germany reduces electric vehicle subsidies, resulting in fewer EV sales
🇩🇪 Germany reduces electric vehicle subsidies, resulting in fewer EV sales.
Experts are claiming that governments cannot afford to keep electric vehicle subsidies in place forever, and some are wondering if Germany is a sign of what’s to come. The speed and extent of EV growth will depend on a range of factors, including the pace of technological advances, the development of charging infrastructure, and government policies and regulations. Infrastructure issues will need to be addressed in the short team and aging power grids will need to be updated - otherwise, a full transition to all-electric will be nearly impossible.
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