The current battery technology is too inefficient. Subsidizing the current Lithium Ion battery based EVs is a grift.
What we should be doing is clearing out red tape around developing different battery technologies that could theoretically be cost effective. Take them off patent so anyone can work on the technology and get regulators out of the way.
We should also eliminate red tape around developing clean power with nuclear. It doesn't matter if it's U based or Thorium, let that technology develop. Current nuclear power is not cost effective either, because the initial investment required to build a massive plant and get it approved by the regulators is astronomical and requires government subsidies. The government literally has to pay power companies to get through its own red tape. That is not efficient.
There's a future in better batteries + smaller scale nuclear power if the regulators and government can get out of the way enough.
There's a future in better batteries + smaller scale nuclear power if the regulators and government can get out of the way enough.
Truth! However, you pointed out the biggest impediment to that ever happening:
Subsidizing the current Lithium Ion battery based EVs is a grift.
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