Posted on 07/28/2022 11:09:24 AM PDT by Red Badger
Video at link................
Empty dealer lots, above-sticker prices and online sales—supply-chain issues and a shift toward electric vehicles have accelerated changes in the car-buying process. We visit a car dealer to see how consumers and sellers are adapting and what changes might be here to stay. Photo: Adam Falk/The Wall Street Journal
The Senate deal to create a package of climate and healthcare spending measures would preserve—and in some cases expand—tax credits for electric-vehicle purchases, a potential boost for Tesla Inc., TSLA 1.86%▲ General Motors Co. and other auto makers.
The surprise agreement struck late Wednesday between Sen. Joe Manchin (D., W.Va.) and Senate Majority Leader Chuck Schumer (D., N.Y.) on a legislative proposal aimed at lowering carbon emissions and healthcare costs includes several provisions to spur adoption of electric and plug-in hybrid vehicles.
(Excerpt) Read more at wsj.com ...
Another waste of money.
Any shortage of demand for electric vehicles is exceeded by the limited production.
Bend over taxpayers here it comes again
Only wealthy people can afford these EVs. That means a tax credit to the rich.
The rest of us taxpayers who cannot afford or would not have an EV get to subsidize liberals who can easily afford one as their second or third car.
I recently read a story on why people gave up their EV’s and went back to gas cars. They were almost exclusively from the middle class. They, on average were unable to park it in a garage and did not buy the 220V charger, limiting them to an extension cord and 110V charging. On average 110V charging for the typical EV takes 24hrs, making them impractical for working people. Also, few of the people who gave them up for a return to gas had a second, gas car, for unplanned trips.
Other issues were about charging infrastructure being unavailable or extremely complicated as to terms, prices, and usability. As another issue, there is no plug standard in the US, so you have to have several $150 jumper plugs to adapt to the various charging system plugs. In short, too complicated to use public charging and too expensive to buy adapters and too much planning as to win and how you use it.
Fire up the coal burning power plants, were gonna need them.
...LOL!
Wall Street Urinal…ROFL!!
Yup. When demand is high, you cut the incentives (paid for by taxpayers). Does no one understand basic, common sense economics?
Danged Autocorrect!.....................😉
So I am paying for some else’s ev? No wonder auto theft is thru the roof. I think I will sharpen my keys. It ain’t vandalism if you paid for it.
No infrastructure to support it. And they still run on fossil fuels unless we are building nuke plants and overhsuling electrical distribution, both of which with be a decade or more in the making and we don’t have the national will (or economy) like the space program of the 1960s.
If they aren’t able to compete without government putting it’s fat fingers on the scale, then ultimately they will not succeed if government is putting its fat fingers on the scale.
Stop all Judge appointments in committee work until 2024 .
Does China Mitch
play scotched Earth .
NO .
The Gope , Deep state and China wants this budget Too .
Sorry Scorched Earth .
Hate spell check here .
It doesn't get much more obscene than taxpayers subsidizing cars for wealthy people.
My super well maintained fuel vehicles will run for the next 15+ years. I have zero need or cash to buy another vehicle.
People who cannot afford a Tesla will be paying for those who can.
The wealth will drive Teslas, the rest will drive golf carts with car bodies.
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