Biden’s Electric Car Problem

[@blaiseutube]

We drove our prius and model 3 from Santa Cruz to Boston. We have also driven the model 3 through snow storms that shut down freeways. I do my own car maintenance and have more hands on mechanical experience than most of the people I run into. I have to say, EVs are the future. The GM and Fords are crappy and will probably always be worse than everyone else's.

[@I-Libertine]

Guys, you're getting lost. The buyer incentive doesn't work for this reason alone: if you qualify for the incentive, you don't make enough to cover payments. But if you can make the payments, you likely earn too much to qualify for the tax breaks. Simple economics.

[@jeffg4570]

You’re asking car dealerships why people are not coming in and buying their EV’s? Maybe you should survey actual car buyers.

[@gregorymalchuk272]

It's one giant regressive welfare handout to rich people buying second or third vehicle. That money would have been better spent on healthcare. Or just not stolen from working people in the first place.

[@joeaaronsen]

They are looking at the issue of emission wrong. By framing it as the best way to fight climate change is to get as many EVs on the road as possible they are ignoring the problem, which is the number of fossil-fueled cars on the road. A better framing is that the best way to fight climate change is for the collective vehicle fleet to use the smallest amount of fossil fuels possible, or more simply as the fewest ICE cars as possible. This can be accomplished by myriad approaches including improving energy mileage, reducing miles-drive, reducing total number of vehicles, etc. , including EVs replacing ICE cars, but if more EVs doesn't does equate to lowered burning of fossil fuels we will have made no progress.

[@thecatherineandfamilychann4968]

Are you unable to say Tesla? Why refer to it as an existing network and not Tesla’s network. Why don’t credits apply to Tesla?

[@tm7517]

What are they talking about? Is it this reporters position that Americans arent buying more EV’s then they ever have?

[@SlowTVTexas]

The whole decision to invest in electric cars is misguided. Most people prefer a more reliable vehicle capable of longer distances, and America's electric grid is in no way capable of keeping this many electric cars on the road. Especially considering the poor electricity generation choices our politicians have been making, investing in unreliable technologies like batteries, wind, and solar, and phasing out reliable choices like coal and nuclear. The current administration is not just assisting EV buyers; they are propping up the entire EV market by paying buyers to create demand so that suppliers will have the profitability necessary to make the product. The wealthy are not bearing the brunt of the war on fossil fuels; child laborers in Africa and working American families are, and the weight is crushing them. May God have mercy on our souls.

[@gmw3083]

Best comment here...

[@GerbenWulff]

Selling more EVs is not helping the climate per se. It might help if people buy EVs instead of gasoline cars, but the lifetime difference in greenhouse gas emissions isn't even that great. It would be much better if people bought e-bikes instead. So, when the government gives a $ 7.5 k incentive for EVs, they should give at least a $ 15k incentive for buying an e-bike. Or maybe just forget about the EV incentive and start incentivizing e-bikes a little bit and building bike lanes.

[@jeffg4570]

Silly me. I thought the Inflation Reduction Act might have something to do with, you know, reducing inflation. /s

[@jimgraham6722]

It is, there are two ways of addressing inflation, suppress demand, and/or boost supply. This is a supply side policy. In my view it beats jacking up interest rates and taxes to suppress demand, a policy that often ends in recession.

[@JimmyN48]

$369B that will never get paid off. It is money we do not have.

[@markschuette3770]

the most important way to fight climate change (and the 6th great extinction) is to get people to use LESS energy (energy conservation) is to tax pollution of all types. subsidizing one aspect- is always a very inefficient way that often goes wrong.

[@markhooley2798]

I tend to agree with you. However, what is to be done with the tax money? The tax money will become deminish over time too.

[@I-Libertine]

🙄 Ev's are not even a drop in the bucket.

[@I-Libertine]

Well, one thing I learned in this podcast is how wrong you can be reporting on an economic issue when you don't have a realistic understanding of how business works. Made it to about 18mins, but got frustrated with the forced narrative. Bummer.

[@walterrussell7584]

No Materials

[@lopezb]

14 min in and NO mention of Tesla?

[@amosbatto3051]

This podcast is ridiculous because it is based on the premise that EV sales in the US aren't rising. Here is what Cox Automotive reports: Electric vehicle (EV) sales volumes set another record in Q3, as total sales of battery-powered vehicles jumped past 300,000 for the first time in the U.S. market. Year-to-date EV sales through September reached just over 873,000, putting the market firmly on track to surpass 1 million for the first time ever. The milestone will likely be achieved in November. Total EV sales in Q3, according to an estimate from Kelley Blue Book, hit 313,086, a 49.8% increase from the same period one year ago and an increase from the 298,039 sold in Q2. Most automakers posted sizeable gains over 2022, with Volvo, Nissan, Mercedes and Hyundai delivering increases above 200%. Yes, some EV makers are having trouble, because they aren't making EVs that the market wants to buy, especially expensive sedans, and they aren't focusing on economical models that people can afford. If they make short range EVs or EVs that have poor fast charging, they can't expect to have much demand. Another big factor is the poor quality of the CSS1 charging networks, but that shouldn't be a factor in the future as Tesla opens up its Supercharging network with CCS1 connectors and all the major manufacturers switch to NACS in the future.

[@tm7517]

Or is the reporter talking about a slowdown in the increase of sales. Those are two different things. If consumers are buying more EV’s and they are, but the rate of that increase has slowed, which maybe occurring that doesn’t represent a decline in sales. So this interview should be ok this law is working as intended in terms of more EV cars being produced and more EV cars being sold which is straight up what’s happening.

[@18_rabbit]

u might want to read a bit about it first, or even read about economic geography (spend an hour with the intro textbook), or economic courses/books. The rate of sales is not picking up fast enough, but most importantly, the supply of Li is too small over the next ten years to reach anywhere near the car production targets. The mismanagement of the policies generally globally, is nuts if they really want to get EV cooking fast. Just not gonna happen in the timeframes. We're still about 15-25 years from Li miningn production levels that will make the numbers meaningful.

[@yonayehezkel3150]

What Should Israel Do Next in Light of Their Declaration of War? First, we should reflect deeply upon the painful divide that has festered among us, causing the devastating toll of hundreds of lives lost and thousands wounded. We need to yearn for a major change and wholeheartedly unite as one. Only the bonds of unity can shield us from future tragedy and elevate our nation from the abyss of despair. We cannot afford to nurse bitterness or delay action, waiting for the war's end to ponder our fractured state. Now is the time for introspection. We need to pinpoint the reasons behind our present circumstances and act accordingly. Our quest for understanding needs to extend to our lives’ very source: the upper force of love, bestowal and connection that acts on us beyond our current level of awareness, which perceives through an egoistic and divisive lens. It is no matter of religion, but a realization that reality’s governing force is singular, and we accordingly need to stand united before it as one. Precisely in our trying times, we are in need for an expansion of consciousness to let the upper force of love and bestowal into our lives. We need to raise the pain and anguish that erupts in so many people in such times to the upper force, and wish for it to mend our torn relations, and draw us closer together. We must seek to hold each other close to our hearts, not solely in times of war, but as an enduring duty. We are a nation established not on a biological foundation, but on a spiritual-ideological one: "Love your neighbor as yourself." That is, we were people from all around ancient Babylon who felt a problem with living our lives solely according to competitive-materialistic ideals and sought for a higher truth to our existence, which we revealed as a higher force of love, bestowal and connection that united us above our divisive drives. That is why we cannot remain divided without suffering from our separation. Our mission to unite above our divisions is constant, because divisive egoistic desires constantly surface within us, driving us apart. Therefore, much like a diligent student who finds new homework awaiting them each day, we should not accumulate any more overdue assignments that end up exploding in our faces, pressuring us into critical situations such as the one we now find before us. Instead, we should hurry up and correct our hearts to favor unity “as one man with one heart” above our divisions.

[@PeterMaleitzke]

Sorry, but these laws I think are good until 2030. No one thought it would happen overnight. In the end this sounds like an argument made by fossil fuel companies. You have to be pretty uninformed to not know the basics presented in this worthless podcast.

[@115atm]

Unless the laws get reversed.

[@sebastianmessina31]

Simply, too many EVs are too expensive for the middle class to afford & that is why sales of EVs are crashing. The best road is to incentivise hybrids to cross the bridge too far and let the world go EV when we are ready.🤗🇦🇺📷