Battery based electric vehicles of today and tomorrow.

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   / Battery based electric vehicles of today and tomorrow. #4,571  
A loss of what? Jobs? Crude oil futures? Lives? It got a lot of unsafe, inefficient old junk off the road, and boosted auto sales when the US auto industry was going bankrupt.
The Economists' Voice reported in 2009 that for each vehicle trade, the program had a net cost of approximately $2,000, with total costs outweighing all benefits by $1.4 billion.[55][56] Edmunds reported that Cash for Clunkers cost US taxpayers $24,000 per vehicle sold, that nearly 690,000 vehicles were sold, and that only 125,000 of vehicle sales were incremental. Edmunds CEO concluded that without Cash for Clunkers, auto sales would have been even better.

There's more in that link. That's just the first one.
 
   / Battery based electric vehicles of today and tomorrow. #4,572  
Most studies concluded it was a loss.


Everyone should at least read the link ^^^here:
There are two sides to everything.

"Edmunds reported that Cash for Clunkers cost US taxpayers $24,000 per vehicle sold, that nearly 690,000 vehicles were sold, and that only 125,000 of vehicle sales were incremental. Edmunds CEO concluded that without Cash for Clunkers, auto sales would have been even better."
 
   / Battery based electric vehicles of today and tomorrow. #4,574  
Now there were other opinions in that link that said the program was a success. However, most of them said it was not financially a success.

Most do think that it caused gas mileage to increase a bit and that's a good thing, as well as reducing carbon pollution.

Charities that count on car donations lost out on quite a few donations.

I'm just a dollars and cents person. Financially, it was a bust.
 
   / Battery based electric vehicles of today and tomorrow. #4,575  
To keep the battery power tool thread more focused on hand tools this thread can be for cars, trucks, tractors, etc that are here today and new ones of the future.

Clearly Europe is ahead of the USA in battery based vehicles and for several reasons. McDonald's putting in car charging stations in 100% of their stores countries like Norway and the Netherlands helped me see this is no small thing. Tax breaks are huge in some countries.

Yesterday I read at some point in recent years the USA government funded a $118 million grant and is one reason there are free charging stations in some areas per that article.

Today there was an article claiming a 620 mile range for the very expensive Tesla Roadster to be out like next year.

I think we will see 1000 mile battery ranges within the next 10 years and at a cost more like the 100 mile range vehicles of 5 years ago. While the technology may not pan out in the article below there is too much being spent on finding more powerful and longer life rechargeable vehicle batteries for it not to bear fruit going forward.

Tech Breakthrough: Is This The End Of Lithium-Ion Batteries? | OilPrice.com

While Cracker Barrel has been installing EV chargers for the last 10 years the rumor at a local dealership is that they are putting in some EV chargers soon in Murray KY. One of the new hotels has three charging stations for guest usage. The Ford dealership has two that have been in for several years. A Walmart in Paducah even reports having a fast 50 amp EV charger.

This electric vehicle fad isn’t based on fundamentals, economics, or even physics. It’s a bunch of virtue signaling, backed by an ignorant government who doesn’t know any better. People who don’t know anything about vehicles or machines, trying to use their feeble power to implement things that make them feel better.
 
   / Battery based electric vehicles of today and tomorrow.
  • Thread Starter
#4,576  
This electric vehicle fad isn’t based on fundamentals, economics, or even physics. It’s a bunch of virtue signaling, backed by an ignorant government who doesn’t know any better. People who don’t know anything about vehicles or machines, trying to use their feeble power to implement things that make them feel better.
I bet you got your post from what a grandparent said in 1921 about the tractor fad. :)

We know like the move to tractors the move to from ICE to EVs will not be linear worldwide. I remember where horse and mule traders lived when I was a kid. Poor farmers were the last group that jumped on the tractor fad bandwagon.

I see a lot of working mules every day. A $100K dually pulling a $100K live-in horse trailer pulling a wagon is not uncommon but SS checks are just slush funds I expect. :)

Many will spring for an EV when over a 10 year period of ownership they cost 25 to 50% less than the ICE version.

ICE car loans may be hard to get because of crashing market value which should make for cheap ICE car deals. The high price of new/used cars today will lead some to delay purchasing and they will just go for an EV in 2 or 3 years.
 
   / Battery based electric vehicles of today and tomorrow. #4,577  
Why a waste? It bailed out the auto industry by putting a lot of people in newer, more efficient cars. It did something for Americans instead of just handing money to rich people.
Debatable. Curious, is there a gubbamint spending program that you do not like?
 
   / Battery based electric vehicles of today and tomorrow.
  • Thread Starter
#4,578  

600 EV makers was a few too many for a country like China. Current changes may thin the herd even more. We are already see some tossing in the towel in the USA.

If we have a pandemic led worldwide downturn it's going to take out more weakness.
 
   / Battery based electric vehicles of today and tomorrow.
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#4,579  
   / Battery based electric vehicles of today and tomorrow. #4,580  

Time to get rid of all the deadwood. :)
Burn it!
 
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