Posted on 11/11/2021 6:40:43 AM PST by Oldeconomybuyer
Fixed.
You have to make some halfway decent money to get the full proposed $7.5K tax credit. You need even more income to get the union kicker proposal of an additional $4.5K tax credit. So basically what would happen is someone work from home as professional gets the full tax credit while working people that have to travel to work get shafted.
But an EV has both advantages and disadvantages over a gas car. My wife and I need 2 cars anyway, so if one's an EV and one's a gas car we'd have the best of both worlds.
The EV is cheaper to drive for normal commutes: charging at home instead of a charging station. I'm currently paying 13.3 cents per kWh after riders and tax. If Ford's EV Lightning gets 1.8 miles per kWh (it's rated for 2 miles per kWh, but lets drop it 10% for real world results), then it would cost me $2.95 to do a 40 mile round trip commute to work. That's obviously cheaper than a gas car unless it gets 40 mpg (which I won't do with a truck). And that's without my home solar system having anything left over to charge an EV with after powering the house, something an EV would take advantage of but not a gas truck. I suspect that would be around 10% to 20% of the charge being "free" from the solar system, but that's on an average throughout the year, not every day.
As far as trips goes, that's where the gas car has an advantage over an EV. Until recently, the cost of charging at a station was more dollars per mile than filling up with gas (as well as the longer time it takes to charge, as you pointed out). Now that gas prices have shot up, I've read that gas costs a hair more than charging, but not enough to switch to an EV over. If the F-150 Lightning gets 300 rated miles on a charge, let's assume that's 250 miles one would feel comfortable driving before charging. I'm with you on a gas car being preferable. But I could do an EV for short trips if, say, my retired wife and I split up for a few days. Let's say she drove the gas car to visit family a few hundred miles away, while I have to make a 200 mile one-way trip to Nashville for a tech conference. I could put up with having to find a restaurant or hotel with a charger so it could charge during a time I would be sitting around doing nothing anyway. I'd be willing to put up with that once-in-a-blue-moon inconvenience to save money on every day commutes (assuming the EV price is good).
I'm particularly interested in an EV if it will give me a kind of hedge against runaway energy inflation like the Dims keep promising they'll do to us.
Rush....God bless his soul....always called electric cars “Coal powered cars.”
That’s what the ChiComs are doing.
Building hundreds of coal power plants to generate electricity for vehicles to conserve petroleum fuels for the military.
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