Publication Date

Spring 4-2024


School of Business


Business: Finance


EV manufacturers, government subsidies, sales, financial performance, United States


Finance and Financial Management


Government subsidies play a pivotal role in shaping the landscape of the electric vehicle (EV) industry in the United States. This research delves into the relationship between government support and the financial performance of EV manufacturers. This research aims to examine financial statements and market data to analyze the impact of government subsidies and incentives influence the revenue of EV manufacturers to provide a comprehensive understanding of the economic aspects of these policies on both individual companies and the EV sector as a whole. Beyond the financial aspects, this study will also address the ethical considerations associated with government support for EVs. What impact have US government subsidies had on EV manufacturers’ sales?