Honestly, instead of subsidizing EVs themselves, the government should spend their money on initiatives that make them more attractive, and it should probably be carrots not sticks at this point, because a quick read of the room would indicate that most people reeeeally don’t want to feel bullied into buying an EV that doesn’t fit into their lifestyle.
Everybody who thinks that we need heavy-handed mandates and to fully eliminate ICE vehicles is just setting themselves up for disappointment.
The us govt literally tried carrots (tax credits) and now the new administration is threatening owners with sticks (absurdly high national registration fees).
Oh, and everyone who couldn't afford an EV complained about the subsidies.
The easiest way to make EVs more attractive is taxing carbon.
The easiest way to make EVs more attractive is to have a battery w/ the power density of a 14-gallon stamped-steel tank filled with gasoline, at no more than 10% of the total BOM cost of the vehicle.
Everybody who thinks that we need heavy-handed mandates and to fully eliminate ICE vehicles is just setting themselves up for disappointment.