MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘EV’

Schumer’s Electric Escort Service – EPautos – Libertarian Car Talk

Posted by M. C. on October 30, 2019

And then the government dried up the supply of affordable uses cars by paying people to hand them over to be crushed.

Fast-forward. People increasingly can’t afford homes. And soon, cars.

Because of Schumer’s “plan”  . . . only it is the plan.

First, bribe people into electric cars; then make it impossible for them to get out of them by leaving no alternative to them – the supply of affordable ICE cars having been eliminated. 

https://www.ericpetersautos.com/2019/10/28/schumers-electric-escort-service/

By eric

If you have to pay a girl to go out with you, there’s probably something wrong with you. Especially if you let yourself believe she is going out with you because she likes you.

The same applies to electric cars – which most people, if they’re honest with themselves, only “date” because they’re handed wads of bills as compensation for the EV’s many functional deficits – as well as its much higher expenses.

The compensation is tendered in the form of  tax kickbacks (paid for by other taxpayers) and various special privileges, such as “free” (and tax-free) electricity  . . . also paid for by others.

That this is absolutely essential – in terms of perpetrating the fiction of EV viability – tells us all we need to know about the viability of EVs.

They aren’t.

We know this because when the bribes are withheld, the EVs stop selling  . . . for the same reason the escort isn’t going to show up at your hotel room just because you ask her to.

Something else is required.

If EVs could be sold on the merits, the bribes wouldn’t be essential. And yet, they are.

QED, as the saying goes.

We’re not supposed to notice this. We are supposed to pretend the attraction is real rather than bribed. That there is a “market” for cars that cost 30-50 percent more than their non-electric equivalents, but which only go half as far (maybe, if you take it easy and don’t use the AC or heat too much) and take 5-6 times as long (minimally, if you can umbilical up to a “fast” charger) to get going again.

And which only last half as long – due to the lifespan of their batteries, which is about half that of an engine or transmission.

The “market” for EVs is like the “market” for air travel via DC-3s (15 hours in an unpressurized cabin from NY to LA, with multiple stops for fuel) vs. five hours no-stop via 757.

We live in delusional times…

 

New York Sen. Chuck Schumer wants to pay people even more of other people’s money (about $400 billion) to “date” electric cars.

His “bold new plan” – announced last week in The New York Times – would increase the existing federal bribe of up to $7,500 used to cajole people into buying  EVs to potentially more than $10,000  – the amount of the bribe depending on the range of the EV.

The farther it goes, the more of other people’s money you’d get.

But only if the bribed also give up their ICE car to be destroyed, a la Cash For Clunkers – the infamous Obama-era ‘plan” used to “stimulate” demand for new cars by destroying the supply of used cars.

It’s also similar to another government “plan”- the one that preceded Cash for Clunkers and which triggered the financial meltdown that led to it.

This was the Chimp-era “plan” to “incentivize” homeownership by qualifying everyone not actually homeless for a home loan. Lots of people “bought” homes. Voila – the Ownership Society.

It worked so long as no one had to pay.

When the bills began to come due – and then past due – the whole thing came down like WTC 7 (another government-engineered crash). People lost “their” homes – and of course, could no longer afford to buy new cars by tapping into the equity credit lines they longer had.

And then the government dried up the supply of affordable uses cars by paying people to hand them over to be crushed.

Fast-forward. People increasingly can’t afford homes. And soon, cars.

Because of Schumer’s “plan”  . . . only it is the plan.

First, bribe people into electric cars; then make it impossible for them to get out of them by leaving no alternative to them – the supply of affordable ICE cars having been eliminated.  Schumer wants to “rapidly phase out gas-powered vehicles” within the next ten years; to destroy 63 million of them over the next ten years. 

Once that has been achieved, the bribes used to get people into the EVs will go the way of the nothing-down/no-interest home loan.

With similar and entirely predictable results.

Be seeing you

Cash for Clunkers

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The Offloading – EPautos – Libertarian Car Talk

Posted by M. C. on September 2, 2019

We’ll be paying a great deal more for cars, soon. And even if you don’t buy a new car, you’ll be paying more for electricity – to cover the cost of all those shifted compliance costs.

The questions you never hear. If we suddenly became 100% EV, what would that do to power grid demand? Could we meet the demand with only renewables?

https://www.ericpetersautos.com/2019/08/29/the-offloading/

When the car industry begs to be regulated, you have to wonder about the regulations. And the motivations.

Is it a case of being crazy . . . or crazy like a fox?

The car industry – well, about a third of it so far (Ford, Honda, BMW, VW and Mercedes) wants to be forced to make cars that average close to 50 miles-per-gallon by 2025, as fatwa’d about four years ago by the federal regulatory apparat.

The current head of the federal government – President Trump – is trying to rescind the fatwa or at least dial it back to something more technically and economically feasible. In a startling turnabout, the car companies have stated that even if Trump dials back the federal fatwa, they will impose it upon themselves by embracing a mirrored fatwa issued by the state of California. Which will then become a de facto national fatwa.

It sounds crazy – self-destructive, at least.

And this self-imposed mania for saving gas? It’s like losing weight. Sounds great – but it’s not as easy as it sounds .

Or inexpensive.

Nor demanded by the market – but that’s another thing…

These hybrids cost about $3k more than an otherwise similar non-hybrid. This is what the government wants you to spend to save gas. Or rather, it’s what Trump doesn’t want you to have to spend. But the car industry – VW, Ford, Honda, BMW and Benz, anyhow – wants you to spend.

Wants you to have to spend.

You will pay them more money rather than ExxonMobil.

And you’ll pay more than just $3k.

Trump failed to explain that if the fatwa stands, it will take more than a few hybrids to get to 50-something MPG. It will take a lot of electric cars. These use no gas, of course – and so they are a boon to the Corporate Average Fuel Economy (the fatwa’s formal name) math. Each EV sold makes it feasible to sell non-EVs that aren’t hybrids and don’t – and can’t – achieve 50 MPG.

Trucks, for instance.

One 28 MPG truck plus one infinite MPG EV divided by two (this is crude, but it helps explain the math) equals  . . . closer to 50 MPG and fatwa compliance. The more EVs in the mix, the better the CAFE compliance math.

But there’s a fly in the soup.

Someone will have to buy all those EVs. And EVs cost many thousands more than hybrids Who’s gonna pony up – and how?…

And that figure doesn’t include the $1,000 or so you’d have to spend to have your house wired up for the “fast” charger the EV would need.

So, absent the “breakthrough” we keep hearing about (and have been hearing about, for literally decades but which has yet to materialize and may never materialize) people will either pay a great deal more for EVs – or they will pay a great deal more for non-EVs, which will become more expensive to buy in order to absorb the cost of building all those unsold (or given away at a loss) EVs.

It sounds stupid – and it is.

But the car companies aren’t run by imbeciles. Virtue signalers, certainly. But not idiots.

There is another reason for their embrace of the 50 MPG fatwa that goes beyond green – the lust for mandated profits in the name of “saving” on gas.

It is, simply, the offloading of their regulatory burdens.

Electric vehicles are categorized by the regulatory apparat as “zero emissions” vehicles – which means zero compliance costs . . . for the car companies. No more having to sweat passing federal emissions certification tests – which don’t apply at all to electric cars…

It makes sense once you understand it. The car companies are demanding to be regulated in order to be freed from being regulated.

But it won’t be free.

We’ll be paying a great deal more for cars, soon. And even if you don’t buy a new car, you’ll be paying more for electricity – to cover the cost of all those shifted compliance costs.

Be seeing you

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The Electric Obamaphone – EPautos – Libertarian Car Talk

Posted by M. C. on July 22, 2019

https://www.ericpetersautos.com/2019/07/20/the-electric-obamaphone/

Elon just admitted something which is getting very little coverage – and no explanation.

He announced that Tesla will no longer be selling the “affordable” $35,000 Model 3 he promised would be Tesla’s first mass-market electric car. Like so many of Elon’s promises, that one’s out the window, too.

The price of the least expensive Tesla just rose to $39,000. Well, technically $38,990 – to make it go down easier.

That’s still a $4k decrease in “affordability” – and a reality check.

Elon is admitting that electric cars aren’t mass-market cars. That after all the glitzy assurances, after all these years, in the end, they are what they have always been: Specialty cars for people with the disposable income to indulge other-than-economic considerations such as “technology” and – as Elon loves to tout – the driving characteristics of electric cars.

There’s nothing per se objectionable about specialty cars – whether electric or powered by a high-performance boxer six, like a Porsche.

But there is a problem.

There is a hard deck limit to the number of specialty cars that can be manufactured. It is a small number – because most people can’t afford to buy such cars. How many Porsches do you see vs. Corollas?

EVs are Porsches – economically speaking.

Both are cars for people with the ability to spend more than twice the cost of a well-equipped economy car.

Now imagine the government decreed everyone must drive a Porsche. This might not be such a bad thing – provided someone else pays for yours.

Who will pay for your electric car?

For everyone’s electric car?

Enter The Rub…

Be seeing you

NON-Taxpayer Government

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How “Saving Gas” Costs a Fortune – EPautos – Libertarian Car Talk

Posted by M. C. on February 11, 2019

https://www.ericpetersautos.com/2019/02/09/how-saving-gas-costs-a-fortune/

By eric

If the government’s fuel economy fatwas “save” Americans so much money, how come it’s costing them billions?

FiatChrysler just made the latest payment – $77 million – which was actually a fine for failing to make its cars “save” enough fuel . . . for Uncle’s tastes.

Irrespective of FCA customers’ tastes.

FiatChrysler’s model lineup – the ones that sell well – are big cars like the Dodge Charger and big SUVs like the Jeep Grand Cherokee – and Uncle is not happy about it.

Similarly about Jaguars ($46.2 million in fines) and Mercedes ($28.2 million) and other car brands that don’t make cars “efficiently” enough to make Uncle happy. These get socked with fines as above, every year. It is not small change. And it will become even more change soon, if Orange Man doesn’t succeed in preventing the fatwas from doubling or even tripling the cost of “saving” all that money ($300 billion, in total, says the Hombre Naranja).

But why should any of us care whether Uncle is happy?..

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