The economics of EVs are terrible - unless you can get oil to $200 a barrel which is wildly unlikely. Yet the Obami are increasing the subsidies on EVs to 10K per car. At a time when America is bankrupt. Attaboy Barry. You exhibit the spirit that made Chicago.....corrupt.
MORE TROUBLES FOR electric-car battery makers. “If oil can get up to $200 per barrel and stay there then the prospects of EV makers will brighten somewhat. But it is questionable whether the global economy can support sustained high oil prices. As long oil prices dampen demand below the level at which EVs become competitive it is hard for EVs to become an effective substitute for oil-powered cars.”
DOUBLING DOWN: Obama’s proposed budget calls for upping plug-in vehicle tax credit to $10,000. “Getting to a million plug-ins in four years will be tough. Last year, the top two plug-ins, the Chevrolet Volt and the Nissan Leaf, sold just 17,345 units, combined.”
No comments:
Post a Comment