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The Mobilist
The future of batteries, electric cars, and driverless vehicles. A new blog from Medium.

Economics

In The Mobilist. More on Medium.

It’s standard economics — a product’s price usually rises to the level of its closest rival

Electric car charging station sign
Electric car charging station sign
Photo: Karol Serewis/SOPA Images/LightRocket/Getty Images

In his confirmation hearing yesterday, Pete Buttigieg, the nominee to be transportation secretary, reiterated a promise that President Joe Biden made again and again on the campaign trail: The administration will seek funding to build a half-million electric vehicle (EV) chargers by 2030.

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