Part 5/10:
When juxtaposed, the monetary value of EV subsidies looks minuscule compared to those allocated for fossil fuels. The primary forms of government support for the EV industry include tax credits for consumers, grants for manufacturers, and investments in EV charging infrastructure, all totaling less than $10 billion to date. This contrasts sharply with the hundreds of billions spent on fossil fuel support over the past two decades, such as the infamous “Cash for Clunkers” program that incentivized the trade-in of less fuel-efficient vehicles.