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
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