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Powering Innovation: How Government Subsidies Accelerate Electric Vehicle Breakthroughs

The Pie: An Economics Podcast

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Driving Innovation: Government Incentives in the EV Sector

This chapter examines the global impact of government incentives on the adoption and innovation of electric vehicles (EVs), focusing on policies from countries like Norway and China. It highlights how subsidies have influenced vehicle design, production costs, and market dynamics, particularly in the battery industry. The discussion underscores the transformative role of these financial incentives in reshaping the auto manufacturing landscape and fostering competitive advantages.

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