Question
Can you please illustrate the increase in supply of Electric vehicles in Australia in a graph (x and y axis). The increase is a result
Can you please illustrate the increase in supply of Electric vehicles in Australia in a graph (x and y axis). The increase is a result of an analysis of no-rice determinants and supply for EVs in Australia. The price is elastic and likely to change in the next ten years depending on how these factors evolve. Non-price determinants include government policies and regulations, technical innovation, demand, availability of critical materials for battery production, and international market dynamics affect Australia's limited but increasing EV supply. Overall, as production increases, new and cheaper models are introduced, technology improves and demand increases, supply will also increase for EVs in Australia over the next ten years.
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