this post was submitted on 13 Oct 2025
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That might be how the subsidies were sold to you, but any economist will tell you that isn't how subsidies work, or why they are implemented as policy. As the other poster noted, subsidies don't exist to benefit consumers, but to increase the use of a particular product. A faction of political power determined that increased adoption of EVs would be in the public interest, so subsidies were instituted to speed up EV adoption. Who gets the money or who benefits is completely besides the point.
(As a side note, I think EV subsidies are not really the best idea in terms of the public good, and the money would be better spent on public transit improvements or micromobility subsidies. But EVs thread the needle of political palatability, so here we are.)