The argument is right. But consider rebates as support or venture fund by Govt. It promote sales - sales promote more production - more production promotes more private investment and better ideas.
The cycle has started and showing good signs.
I believe, if the same support is replicated across the world, it is very much possible we may witness electric automobiles a very viable alternative within next 10 years.
The cycle has started and showing good signs.
I believe, if the same support is replicated across the world, it is very much possible we may witness electric automobiles a very viable alternative within next 10 years.