EVs cost taxpayers 32 thousand dollars per vehicle. I don’t want to pay for someone else’s EV. Joe Biden is incompetent. He has no “real” economic advisor with credentials. Just his bro. There is a reason why we have free markets and not soviet style economics, because people like Joe Biden don’t know how things work, or even where he is at, or where he is supposed to be. Joe Biden’s 325 million dollar Gaza pier that floated away? There’s your GDP. If you are going to practice corporatism, at least do it right. Joe Biden can go kick the bucket.
EVs cost taxpayers 32 thousand dollars per vehicle
Bullshit. Yes, I see that paper and most of that cost is for infrastructure and supply chain development, to attempt building a US industry. There’s also a relatively small amount to build out charging networks. Do we count the cost of roads and highways, drilling and exploration, pipelines and shipping, Middle East wars in the cost of subsidies to gasoline cars?
That paper also said that if we didn’t care about building the industry in the US, let GM and Ford go out of business, and only about transitioning to EVs, it was generating $1.87 in economic activity for every $1 investment. EV subsidies are already profitable for the country and subsidizing building a US manufacturing base
Trump isn’t a libertarian. You make false equivalencies of taxpayer roads versus economizing people to choose the best, low cost goods. EVs are not economical. Despite receiving huge subsidies, EVs lose money that only upper middle class and rich people can afford. Assuming you pay taxes, you are paying EV companies to build cars for upper middle class and rich people. Joe Biden and activist like him are unhinged. Libertarianism is sane in comparison. The EV mandates is more unhinged policies from unhinged people who think they can command physics. When California’s EV mandate kicks in, used ICE car prices are going through the roof, because EVs are too expensive, even with tax subsidies, and most Californians will be looking for used ICE vehicles. Such activist are economic illiterates and anti-physics.
Hyundai/Kia is making well above operating cost and will have made back its R&D to start earning a profit on EVs in about two years
BYD is profitable with EVs, after govt support for R&D and setting up factories
GM learned a lot from Bolt and expects to make back R&D and turn profitable in 2-3 years with its next generation Bolt
So yes, there’s a big transition cost, but manufacturing EVs already is profitable for companies who have made the transition and are selling in significant numbers.
It’s only legacy manufacturers who have not made the transition, who are not yet selling EVs in significant numbers, who are not profitable. It’s in our society’s best interest and these legacy manufacturers best interest to help subsidize the transition, prompt them to move faster, grow the market a bit faster- if they were selling EVs in significant numbers, like Hyundai or GM, they’d also find them profitable or about to turn profitable
EVs cost taxpayers 32 thousand dollars per vehicle. I don’t want to pay for someone else’s EV. Joe Biden is incompetent. He has no “real” economic advisor with credentials. Just his bro. There is a reason why we have free markets and not soviet style economics, because people like Joe Biden don’t know how things work, or even where he is at, or where he is supposed to be. Joe Biden’s 325 million dollar Gaza pier that floated away? There’s your GDP. If you are going to practice corporatism, at least do it right. Joe Biden can go kick the bucket.
Bullshit. Yes, I see that paper and most of that cost is for infrastructure and supply chain development, to attempt building a US industry. There’s also a relatively small amount to build out charging networks. Do we count the cost of roads and highways, drilling and exploration, pipelines and shipping, Middle East wars in the cost of subsidies to gasoline cars?
That paper also said that if we didn’t care about building the industry in the US, let GM and Ford go out of business, and only about transitioning to EVs, it was generating $1.87 in economic activity for every $1 investment. EV subsidies are already profitable for the country and subsidizing building a US manufacturing base
You didn’t address a single point of my comment you fucking retard lmao.
Like hell we do. Please tell me how Trump’s tariff plans are totally laissez-faire
Mask off moment for the “im not a right winger I’m a lib-er-tar-ian” guy. Just say you want to lower the age of consent and save us the guesswork
Trump isn’t a libertarian. You make false equivalencies of taxpayer roads versus economizing people to choose the best, low cost goods. EVs are not economical. Despite receiving huge subsidies, EVs lose money that only upper middle class and rich people can afford. Assuming you pay taxes, you are paying EV companies to build cars for upper middle class and rich people. Joe Biden and activist like him are unhinged. Libertarianism is sane in comparison. The EV mandates is more unhinged policies from unhinged people who think they can command physics. When California’s EV mandate kicks in, used ICE car prices are going through the roof, because EVs are too expensive, even with tax subsidies, and most Californians will be looking for used ICE vehicles. Such activist are economic illiterates and anti-physics.
So yes, there’s a big transition cost, but manufacturing EVs already is profitable for companies who have made the transition and are selling in significant numbers.
It’s only legacy manufacturers who have not made the transition, who are not yet selling EVs in significant numbers, who are not profitable. It’s in our society’s best interest and these legacy manufacturers best interest to help subsidize the transition, prompt them to move faster, grow the market a bit faster- if they were selling EVs in significant numbers, like Hyundai or GM, they’d also find them profitable or about to turn profitable