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 @9F962K7disagreed…1yr1Y

- Electric Cars are being phased in by law
- They are currently expensive as: manufacturers have low incentives to innovate as demand is low.
- Governments implementing charging stations encourages consumer behaviour towards EVs (+ signals to manufacturers of change)
- This will likely boost demand, increase incentive for innovation for manufacturers to reduce costs (as manufacturers in competition)
- Results: more EVs, at cheaper cost for consumer ultimately => better environmental outcomes

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