Report: Govts Should Fold Bad Bet On EVs ...Middle East

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Report: Govts Should Fold Bad Bet On EVs
source : OILPRICE ( Middle East ) () 57
EV policies—defacto mandates, if you please—are built on three claims according to a new report by the Manhattan Institute: EVs will lead to profound reductions in CO2 emissions, EVs will soon be cheaper than ICE cars, and the use of the automobile in general is subject to an impending “generational realignment”. If any of the above turn out to not be true, the current government rush to subsidize EVs and push out and ban ICE vehicles from the markets will be looked on by history as pure folly, the report claims.  The…

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