[lagadu]

Because investing in infrastructure (of many types) often carries with it capital expenses and have low returns that are unbearable for most potential market players but once in place allow the provisioning of services who are very useful to the population.

In this case, nobody was going to build EV chargers if there were no EVs on the road and nobody would buy an EV if there were no chargers on the road. Stepping in and giving the initial incentive to break that cycle is what this type of intervention, such as subsidies, does.

[ghiculescu]

But people have bought EVs despite the lack of public chargers, both in Australia and all over the world, so that’s clearly not the full story.