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With different types of incentives, you target different population segments. And knowing in which segment the early adopters of EVs most probably lie, you can target them first.
Monetary incentives are a key aspect in order to introduce electric vehicles to the market. But to guarantee a broader and more sustainable demand, the price of electric vehicles has to drop, hence the battery cost has to drop.
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[1] P. Z. Lévay, Y. Drossinos, and C. Thiel, “The effect of fiscal incentives on market penetration of electric vehicles: A pairwise comparison of total cost of ownership,” Energy Policy, vol. 105, pp. 524–533, 2017.
Digital Future Technology [audiojungle]
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