Alternatively, government-provided tax incentives for electric cars, exemplified by the $7,500 tax credit in the U.S., can drive up their sales. Moreover, the rise of ride-sharing apps such as Uber has altered consumer preferences, particularly among urban residents who may opt against car ownership. Furthermore, social media plays a pivotal role in shaping consumer views, as influencers' endorsements or negative reviews can sway potential car purchases. Ultimately, the interplay between government regulations and societal influences profoundly affects the dynamic between corporations and consumers.