Taking the Politics Out of EVs

[WilliamRobert]

The coal era is ending quickly, the pollution control added to the expense of operation, but the last nail in the coffin Is cheaper technology that is less labor intensive. Coal power won’t last against natural gas power and natural gas power will eventually give way to renewables. Another benefit of getting away from coal power is that the cancer rates will fall.

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[WilliamRobert]

Fear not, MAGA friends. How long until Musk gets Trump to advocate for EV’s? Musk is transactional and definitely not rigid in his political philosophy. Trump is not that rigid politically either.
And the Cybertruck is still fugly no matter who’s touting it.

Trying not to be political but if I failed, delete before reading.

Or, the government support for EV development will end and only Tesla will be left!

 

[Tony Burgh]

The CAFE standards are forcing manufacturers to build and sell an increasing number of EVs and because of CAFE within ten years there will be very few new ICE vehicles offered for sale. Is that right? Anyone that thinks EVs are the natural evolution of transportation is naive.

Society as a whole has decided that the detrimental effects of ICEs must be stopped and has had the political will to pass laws to try to eliminate them. Is everyone going to be happy with these laws? No.

We are witnessing a revolution, not an evolution. This kind of change, even if necessary, is disruptive. Entire industries are being displaced.

Anyone that thinks this revolution will not be disruptive, again, is naive. So far most of the battles of this revolution have been fought mostly in boardrooms and in the halls of government. I hope that these struggles stay off the streets but I feel I’m being naive if I believe that will be the case.

The EV revolution is coming whether we want it or not. Other countries do not have our advantage in hydrocarbons. China is pressing the EV case and are dominating the industry. They are doing the same in solar panel silicon.

After spending a career in petrochemical companies that received their feedstock from refineries, I often wondered about burning hydrocarbons versus their use as chemicals and plastics. The volume skews towards fuels. That won't change in our lifetime.

BTW - the magic of fracking has radically increased China's probable (not proven) reserves of natural gas. But still they move towards solar & EV's.

 

[roddiaz1]

I should have leased and would have.

Can you please explain this a bit more. how does leasing vs. buying affect the credit?
Thanks!

 

[Rocket808]

Can you please explain this a bit more. how does leasing vs. buying affect the credit?
Thanks!

When you purchase, your AGI comes into effect. When you lease, it apparently does not

 

[FloridaMan655321]

Incentives and "forcing" are two different things.

Yes, and no. Government giving tax payer money towards what they think the population should move towards can end up being closer to forcing than you might think. Sure an incentive of $7500 seems innocent, but it distorts the economy. If electric vehicles are so great and are the future, then you wouldn't need an incentive like that. I didn't see any government incentives for flat screen 4K TV's. It happened organically. I know thats a horrible analogy, but it's really not. You want the free market to work out what is the best and drive prices down with efficiency.

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