3min chapter

Volts cover image

Which technologies get cheaper over time, and why?

Volts

CHAPTER

The Industrial Policy Implications

There's a big debate about whether you need standardized interfaces to enable that on a large scale so that every manufacturer of batteries can interface with every scooter or three-wheeler. I think we need to still wait for what the best design is before we can impose a standard and we don't understand in the way of innovation. The only thing this schema makes clear is that industrial policy is not a straightforward. It's a lot more complicated than you might think it needs to be thought through and customized perhaps.

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