The EV transition is real

Discussion in 'Economics' started by VicBee, Apr 19, 2024.

  1. mervyn

    mervyn

    ev is the future. my wife already has a leased taycan, i am on the fence.

    however us failures to accept ev is not because there are lack of demands, it is because only the chinese controls the full supply chain, soup to nuts. as long as there is no improvement, we can’t get ev.
     
    #111     May 31, 2024
  2. VicBee

    VicBee

    The US spent decades admonishing the world's nations to open their economies to global trade, which led to the greatest wealth creation ever. It's mind boggling that the US now believes that barriers to protect their economy from competition are suitable.
    Yes, China subsidizes and sanctions various segments of its economy, as all planned economic models do. But liberal economies do exactly the same using different methods, often for the sake of protecting industries of national interest, like automobiles.
    Rather than taxing Chinese EV imports, western nations could instead require the formation of local joint ventures, modelled after China's requirement for all foreign manufacturers, except Tesla. Level the playing field instead of slowing the transition to EV.
     
    #112     May 31, 2024
  3. SunTrader

    SunTrader

    Don't know what Jay Leno and his yuuuge car collection has to do with almost every other household and 1% figure?
     
    #113     Jun 1, 2024
  4. SunTrader

    SunTrader

    So which is it?
     
    #114     Jun 1, 2024
  5. VicBee

    VicBee

    It's an exaggerated example to make the point that the 1% registered EV doesn't reflect real life usage. In fact, 22% of households own more than 3 cars.
    It's like firearms; you'd think everyone in the US owns one because 433 million firearms are in circulation when, in reality, a great majority (70% of adults) don't own firearms.
    The forward trend is within 10 years there will a glut of used ICE vehicles from the more populous west coast states dumped on the less populous anti EV states. Over supply will mean near new cars will sell for a fraction of new car prices. If F and GM are struggling today, it's nothing to what is about to hit them if they continue to stick to ICE for their bread and butter. Auto recycling should become big business.
     
    #115     Jun 1, 2024
  6. VicBee

    VicBee

    I'm old school pro global trade. Let Chinese automakers sell their vehicles in the US, provided they are built in the US in joint venture with a US automaker (reciprocity of requirement).
     
    #116     Jun 1, 2024
  7. SunTrader

    SunTrader

    And how many persons live in those households. I'd venture a guess of ... more than one.

    Which still obfuscates the point that 99% of vehicles in use today on the roads in the U.S. are ICE's.
     
    #117     Jun 2, 2024
  8. SunTrader

    SunTrader

    Old school global trade is let the market decide.

    And that is not requiring an automaker to build (joint venture or otherwise) in country.
     
    #118     Jun 2, 2024
  9. VicBee

    VicBee

    Reciprocity of requirement
     
    #119     Jun 2, 2024
  10. VicBee

    VicBee

    Not in use...registered.
     
    #120     Jun 2, 2024