you knew this was coming

    Posted by matt on 19th of Aug 2022 at 12:36 pm

    https://www.dailywire.com/news/bidens-inflation-bill-made-7500-electric-vehicle-tax-credits-ford-and-gm-just-raised-their-prices-by-the-same-amount

    great example government not helping anything, just creating more laws, spending money and the end result being more laws and tax and complication but not helping lower the cost of the Electric Cars because manufacturers raise prices by a similar amount LOL

    Sounds more like the manufacturers

    Posted by rjdst on 19th of Aug 2022 at 01:19 pm

    Sounds more like the manufacturers screwing things up for themselves.  People looking to purchase EVs will lean towards the mfgs that didn't jack up their prices to grab the incentives, or at least don't do it that blatantly.  I do a lot of work with utilities and market incentive programs.  They can be valuable tools for moving markets in a particular direction.  The market will give priority to the vendors that give them the most bang for the buck.  Ford and GM just created headwinds for themselves.  But they've been so far behind in the EV movement, I'm not surprised that they continue to have confused strategies.

    Honestly I can't understand the

    Posted by kevindeng0727 on 19th of Aug 2022 at 02:17 pm

    Honestly I can't understand the reason for buying any EV other than Tesla. Without specialized supercharging network, it takes a few hours vs 30 min for Tesla - also much harder to find charging stations.

    Having an EV as one's

    Posted by rjdst on 19th of Aug 2022 at 03:56 pm

    Having an EV as one's only car could certainly be a challenge, depending on where you live, where you work, how much you drive, charging infrastructure, etc.  Having an EV in addition to a gas-powered vehicle is pretty sweet.  For the majority of the population, recharging at home at night isn't an issue.  

    Regarding the grid, this is where I work.  The main issue is peak demand.  There's a lot of available capacity, but not during hours of peak consumption.  And no utility wants to invest capital in adding capacity when it's only needed for a small fraction of the day.  Load shifting and increasing storage capacity can help solve this issue.  

    Matt & Steve talk about how the next bull market will be led by companies/industries different from those that led this bull market.  I agree, and there's a very good chance that green energy, energy efficiency, decarbonization will be part of those leading segments.  Massive investment already taking place.  

    60 K for EV and

    Posted by retirefire on 19th of Aug 2022 at 05:01 pm

    60 K for EV and 30k for regular is out of reach for America especially with utility costs about to explode.  I don't think anty refineries have been built in over 40 years.  The goal isn't to convert everybody to EV but simply less cars. 

    Yeah, the power grid couldn't

    Posted by timebandit on 19th of Aug 2022 at 02:46 pm

    Yeah, the power grid couldn't handle it if the EV adoption rate increased dramatically. I did some work with a utility that said they basically need to double their generating capacity in the next 10 years. Not only for EVs, of course, but it's a big factor

    LOL when it all comes

    Posted by retirefire on 19th of Aug 2022 at 04:54 pm

    LOL when it all comes from coal refineries 

    Hybrid vs EVs Link

    Posted by EdZ on 19th of Aug 2022 at 02:31 pm

    Ford raised prices on Electric

    Posted by DigiNomad on 19th of Aug 2022 at 02:16 pm

    Ford raised prices on Electric F-150 right into the news of the bill. Not insignificantly either. 

    Posted by mla127 on 19th of Aug 2022 at 01:08 pm

    We all have to just

    Posted by srusso1 on 19th of Aug 2022 at 01:06 pm

    We all have to just stop buying cars. 

    Guess who writes the bills?

    Posted by retirefire on 19th of Aug 2022 at 01:04 pm

    Guess who writes the bills?

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