Electric Vehicles Update - Reevaluating EV Sales Targets To Balance Markets And Consumer Choice
A recent report from the Energy Futures Institute raises concerns about government-mandated electric vehicle (EV) sales targets in British Columbia and Canada, suggesting these policies could disrupt markets and limit consumer choice. The report argues that such mandates may lead to financial strain for automakers, increase vehicle prices, and disproportionately impact lower-income consumers. Additionally, it highlights that current EV sales are heavily reliant on government subsidies, and...