09-12-2023, 08:35 PM | #1779 |
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Not what I was saying but sure.
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09-12-2023, 11:52 PM | #1780 | ||||
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Quote:
Wright's Law states that for every doubling of production there will be a subsequent drop in price of 20%, but the range can be 10-25% across most industries with 15% being more common for the automotive industry (Citation). There was about 78 million vehicles made worldwide last year with 14% or 10 million EVs sold. Not bad, but if that double to 20 million then 15% cheaper, and if it doubles to 40 million then 15% cheaper, and if it doubles to 80 million then 15% cheaper. If a car cost $50k now then it will go to $42.5k, then $36k, and finally to $31k, under the scenario above, very roughly. Quote:
Quote:
Quote:
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09-13-2023, 12:06 AM | #1781 | |
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The government does this all the time. It is nothing new, and it probably will happen without mandates, at this point. There is clear momentum that the investments and incentives are working, so mandates are likely not necessary. Yet, mandates send a clear message that manufactures need to get moving and not fight the change, so in that vein, they are good, IMO.
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09-13-2023, 12:13 AM | #1782 |
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When has the government not been in this business?
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09-13-2023, 07:24 AM | #1783 |
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Prior to 1862, if memory serves me correctly. That is when the Pacific Railway Act and the Homesteader's Act were passed. I could be wrong about that though.
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Olivia 05/03/2012 - 01/06/2024. 231,146 glorious miles.
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09-13-2023, 08:13 AM | #1784 |
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Tell me about all the subsidies for gasoline cars and fueling stations back in the 20s.
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09-13-2023, 01:09 PM | #1785 |
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Lol how old are you exactly?
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09-13-2023, 02:40 PM | #1786 |
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Let's just say I have a portrait in the attic....
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Olivia 05/03/2012 - 01/06/2024. 231,146 glorious miles.
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09-13-2023, 03:56 PM | #1787 |
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Also made it illegal to claim ownership of other humans. On the books anyway.
Damn liberals ruining everything. /S /S /S /S
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09-15-2023, 03:06 PM | #1788 |
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US Electric Vehicle Sales Reach Breakthrough Pace
https://www.bloomberg.com/news/artic...-checkout=true Ford's Farley recently said EV adoption will be slower than anticipated. He could be right, but by these numbers, there could be mass adoption soon. From what this article is saying, we will likely reach 4 million EVs sold within Q3-Q4, so less than a year. The US sold around 15 million cars, light trucks and CUVs/SUVs, so this is around 6.5% of sales are now EVs. The S-curve of adoption typically goes vertical (especially for recent tech) around the 5-10% mark, so it will probably do the same within the next five years.
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09-15-2023, 03:17 PM | #1789 | |
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Quote:
https://www.investopedia.com/terms/i...20since%201913. https://en.wikipedia.org/wiki/Federa...ad_Act_of_1916 https://en.wikipedia.org/wiki/Federa...ay_Act_of_1921 https://files.eric.ed.gov/fulltext/ED123348.pdf https://www.dbl.vc/wp-content/upload...son-Do-2.4.pdf If you don't want to parse the above paper, based on federal budgets of the time, through the 1920's the US gave about $2.5 billion/year (today's dollars) in tax breaks to oil and gas. https://www.motherjones.com/politics...ergy-timeline/ Not to mention regional efforts such as traffic control (stop lights, train crossings, pedestrian bridges etc.) and education (drivers ed being introduced in high schools and available via local government support) to make automobiles a viable transportation tool. |
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09-15-2023, 03:38 PM | #1790 |
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I was going to do the same as you, but I couldn't tell how Wolf was phrasing is laugh out loud at Dadhawk, saying there were none in comparison to EVs or saying there were a lot, which there has been a lot, as you pointed out. Maybe we will get some clarification after your post.
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09-15-2023, 05:20 PM | #1791 | |
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Olivia 05/03/2012 - 01/06/2024. 231,146 glorious miles.
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09-15-2023, 07:36 PM | #1792 |
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Yeah, I understood that, but what was Wolf saying?
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