Oils4AsphaultOnly wrote: ↑
Fri Oct 18, 2019 2:29 pm
GRA wrote: ↑
Fri Oct 18, 2019 2:22 pm
By that logic, China has also abandoned their goal for BEVs: as the article notes they've already
reduced the subsidies for those.
Logic requires deduction with all the information, not just a subset. Remember, they did this with the solar industry as well. It's the grown up thing to do, subsidize the industry until it can stand on its own two feet. Ending the subsidies prematurely is a clear sign of killing the industry. But you knew that right?
Who says that BEVs are capable of standing on their own feet in China yet? It's not just subsidies, it's also mandates. The main thing driving BEV sales there, aside from the subsidies, is the fact that the government has made it almost impossible to get a license for an ICE in many major Chinese cities, but getting one for a ZEV is easy. Similarly, here in California, I've always contended (and surveys have backed this up) that especially for the higher end cars, the HOV perk is the most valuable selling point.
The way to show that BEVs are fully capable of standing on their own is to remove all direct to the customer subsidies, perks and
mandates, and see what happens.