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Uh, Oh... looks like the EV tax credits are hitting an obstacle

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Whiskey

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#5 doesn't do any good if the person using them sells #4 to somebody else so they can keep driving it.

Not to mention the fact that Tesla is selling every car they can make right now with no subsidy.
Everyone gets free birth control, mandatory vasectomy’s and problems go away. PEOPLE are the freakin problem folks. Geezs
 

astricklin

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Don't think that pent up demand explains food inflation. I don't know about you, but I was always buying food. Even during lock downs.
No but shortage of supply does. Factories have had to shut down at times due to covid and there's a shortage of workers in all stages of the food supply.
 

shutterbug

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No but shortage of supply does. Factories have had to shut down at times due to covid and there's a shortage of workers in all stages of the food supply.
As I said, there's no pent up demand for food!
 

astricklin

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#5 doesn't do any good if the person using them sells #4 to somebody else so they can keep driving it.
But if I buy a zero emissions vehicle and my current ice goes into the used market then it will replace an older vehicle that pollutes more.
 

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AgieF150

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And no one has any idea if you replace all ICE how you going to charge all these EVs
 

EaglesPDX

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EV's are NOT going to stop us from going to war in the Middle East for OIL
Actually they do as it cuts US oil use by 30%, eliminating need for oil imports and the strategic threat that oil imports represent to US as we see from $17t in oil war debt to pay for 40 years US troops in Middle East on a war footing.

No strategic need for US to be involved in occupying Middle East oil fields.

US could also stop fracking which is destroying the US fresh water aquifers.
 
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EaglesPDX

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And no one has any idea if you replace all ICE how you going to charge all these EVs
Plugging them in works just fine.

Other than TX, US grid is built to max need which means a LOT of unused capacity at night. We'd likely need to see 50% of all US vehicles as EV's before we'd see any impact on electric grid.

No reason solar and wind with battery storage can't provide all US energy needs for foreseeable future.
 

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EaglesPDX

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Ergo, credits will have zero influence on EV adoption during the period that the credits will apply.
You won't find an economist on either side who does not admit that tax subsidies will increase the buying behaviors being subsidized.

Skip the economic ideology.

1. Problem We need to greatly accelerate EV adoption in US.
2.Solution (partial). Generous subsidies will increase EV adoption in the US.

We do have good examples from South Carolina to Guangdong, that the EV subsidies work.
 

astricklin

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And no one has any idea if you replace all ICE how you going to charge all these EVs
Mostly at home. Very few people drive more than 200 miles a day. Also it's going to be 15-20 years until a majority of ice vehicle have been replaced. Probably even longer than that because it's going to take 5 - 10 years for them to become the majority of new sales and currently the average car age is 12 years.
 

Brian Head Yankee

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1. Problem We need to greatly accelerate EV adoption in US.
2.Solution (partial). Generous subsidies will increase EV adoption in the US.
Huh?

1. Ev's are not sitting on car lots covered in dust
2. Most if not all EV manufacturers are sold out for the next three years
 

sotek2345

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Huh?

1. Ev's are not sitting on car lots covered in dust
2. Most if not all EV manufacturers are sold out for the next three years
True, currently EV tax credits won't help sell more EVs in the short term due to constrained supply, but it does allow manufacturers to sell them at higher costs and increased profit (as has been mentioned several times in this thread. That increases the investments manufacturers make in EV technology and boost supply in the long run. Exactly the effect we want.
 
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