>it would take decades to get rid of all ICE vehicles

If governments were serious and fair about it, they'd just provide decent subsidies (or similar formula) to people who don't have enough money to switch, and it'd happen faster. What's going to happen though, is that many governments will just tax ICE vehicles to death (+ the cheaper chinese vehicles) while blaming you for not having enough money to switch.

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AndrewDavis an hour ago | parent | next [-]

Another approach is to incentivise middle to high income earners like Australia has done re novated leases on EVs being exempt from fringe benefits tax.

Lower income people aren't buying new cars, they buy second hand.

So be incentivising others to purchase new EVs over combustion, it creates a supply for the second hand market in 5-10 year horizon for those lower income earners. And while subsidies are in place for new models, this further pushes down the price of used EVs.

It'll be interesting what happens to Australias second hand EV market when the subsidies end in 2029.

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ZeroGravitas 26 minutes ago | parent | prev | next [-]

France does this. It's called social leasing and is offered for those with low income but reasonable work related mileage.

It could be argued that just returning the tax money to the people (and/or reducing regressive taxes) is a fairer approach as it gives money to those who cycle or take public transport as well as those who switch to EVs.

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dwattttt an hour ago | parent | prev | next [-]

I've seen governments give tax incentives to buy EVs that are then sold 2-5 years later, pumping a secondary market of second hand EVs. Cheaper for the government (they don't pay, they just take less tax).

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sandworm101 an hour ago | parent | prev [-]

Beware the the "fair". Currently, governments are taking in vast amounts through fuel taxes. That will need to be replaced. It wont be an extra fee at registration. Current politics favors use taxes. As the concept of taxing electricity going into cars is a massive cluster of issues (ie the "smart grid" with differemt rates for different uses) the answer will likely be road pricing: a per-mile fee, which could mean manditory tracking. The transition to EVs as fair market actors is not over. It hasnt really begun.

	▲	CraigJPerry 29 minutes ago \| parent [-]
		The UK has stated that the current mileage check within the annual roadworthiness test will supply this data. A clear weakness is that mileage readings can be altered. This used to matter on a smaller scale: dodgy second-hand sales, but now more or less anyone could be considered as potentially incentivised to interfere. The mileage must remain a changeable field since the recording component may need replacement, for example, after accident damage or to correct a fault in the assembly that recording memory is part of.