Innovation:

Report recommends revamping subsidies for electric battery sector

Why have economic policy tools failed to adequately develop the electric vehicle market in the United States? During today's OnPoint, Clifton Yin, clean energy policy analyst at the Information Technology & Innovation Foundation, discusses a new report focused on revamping subsidies for battery technology in order to spur innovation and growth in the EV market. He explains how the ideal policy prescription could help make electric vehicles competitive with conventional gas vehicles.