@Rod9301 is kind of right.......kind of hard in the short-run for the EV to gain mass market penetration in the US and EU. If commoditizaton and adaption of the EV depends on masses, the end of cheap money along with rising production and sales costs will present a host of challenges.
The french are on it:
Takeaway: subsidy for ultra cheap city car conversions. 15 kWh capacity for 60 mile range in a Fiat 500 at urban not highway speeds. 7-8K euros before subsidies.