Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the company faces growing competition in China, a key market.
Instead of subsidizing electric cars, governments should stop subsidizing fossil fuels. Free markets will always solve these kinds of problems faster, better, and with fewer unintended consequences than government propaganda and force.
Though slow-going, the transition to electric cars is still underway in the Central Valley. But with poor air quality and pollution plaguing the region, climate experts are encouraging people to go electric sooner rather than later.
UK carmakers face a three-year scramble to source electric car batteries locally or from the EU to avoid tariffs on exports following the Brexit free trade deal, according to industry analysts.