Considerable Market Uncertainties for Electric Vehicles in North America
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
We dive here into market considerations. What will the market for EVs look like in the US and Canada in the next years. Will the market demand exist for a...
show moreThe Canadian automotive sector, which is mostly located in Ontario, has always been highly dependent on the existence of a strong market, and of course on market access, in the US. Will such high reliance on the US market be possible with made-in-Canada electric vehicles? And will the actual market demand for EVs be as high as anticipated to justify the recently announced massive investments and subsidies?
We will look at these considerations in this analysis, which stresses the critical role of national-level politics, both in the US and in Canada, for the future of EVs in North America. Other important factors, such as the competition from China and disparate electricity prices, are also looked at. We then show that the report by Canada’s Parliamentary Budget Officer about the billions of dollars of subsidies for battery plants in Ontario, while highly critical of the governmental decisions, actually underestimates the risks of those investments.
Article at this link: https://covexit.substack.com/p/considerable-market-uncertainties
Information
Author | JPK |
Organization | JPK |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company