The Case for Subsidizing Electric Vehicles

January 6, 2025

Honda and Nissan recently announced plans to merge by 2026. Unthinkable 10 years ago, the merger is intended to keep the companies competitive as the automobile industry makes a transition to electric vehicles. Failure to do so spells doom in today’s car market. Foreign EV manufacturers have created an “existential crisis” for Germany’s once-mighty domestic industry.

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