LITHIUM CONF: Govt push for EV output to shift from subsidies to regulation

By IM Staff
Published: Tuesday, 11 June 2019

Government incentives for electric vehicle (EV) production, which up until now have mostly been subsidies, are slowly starting to shift into supportive legislation for the sector, market participants said at Fastmarkets’ 11th Lithium Supply and Markets Conference on Monday June 10.

Regulations on carbon emissions are becoming stricter and will contribute to the boost in EV production in the coming decades, sources said, Concurrently, government funding for automakers is fading away, with the most obvious example being in China, sources added.

"Chinese subsidies have so far been equal to or surpassing...