Axios’ Ben Geman writes on the barriers to an EV revolution.
- While consumer demand for EVs is growing, supply chain constraints and high costs are preventing more electric vehicles from hitting the roads.
- Policies like dealer franchise laws hinder free market developments and artificially inflate prices for consumers.
- Lawmakers can address these issues by reducing barriers for buyers and by opening up domestic mining to bolster our rare earth supply chain.
“While automakers are ramping up output and rolling out new models, EVs remain relatively scarce. Buyers often have long wait times.”
Read the full article here.