US car buyers are expecting the US to turn into Cuba, where if you have a car, it’s a vintage US 1970s model. Used car prices doubled this month. Used cars were plentiful at prices from $3000 to $6000 for the past few years.
If the US rushes to eliminate fossil fuels, the price of
electricity will increase 500%. Solar and Wind costs 14 cents/kwh to produce electricity
and natural gas costs 3 cents/kwh to produce electricity. We are not ready to
end fossil fuels.
US consumers can either learn how to restore and maintain
these used cars like the Cubans, or wait for a cheaper electric car.
Electric car prices in the US range from $30,000 to
$100,000. It’s clear they have targeted
a small group of wealthy customers, not teens, new grads or regular folks.
China’s
$4500 electric car has a range of 75 miles and top speed of 62mph. It seats 4
really tiny people. It is 9 feet long, 5 feet wide and 5.3 feet high.
https://en.wikipedia.org/wiki/Wuling_Hongguang_Mini_EV
Wuling Hongguang Mini EV - Wikipedia
Today’s electric vehicle market: Slow growth in U.S., faster in China, Europe, by Drew Desliver, 7/7/21.
In the US, 7% of car owners own electric or hybrid vehicles. That includes 1.8 million EVs out of 289.5 million total cars or 0.06%.
https://www.google.com/search?q=how+many+cars+are+there+in+the+us
Comments
Auto manufacturers are overreacting to the EV band wagon.
It will take decades to convert the US from combustion engine vehicles and by
then we may have hydrogen powered cars. We do need to expand and protect our natural
gas electric grid and keep our electricity costs as low as possible.
I watched the US Automakers let themselves be ruined by the
labor unions and their own mistakes.
In the 1960s US cars got 10mpg, were poorly made and only lasted
for 100,000 miles as paint faded, rust formed and engines failed. They were
redesigned each year, so they never improved.
Regular gasoline prices began to rise in the 1970s and I bought
a 1974 Triumph Spitfire to get 30mpg and a 1978 Honda 150 Motorcycle to get
50mpg.
Regular gasoline price history
1950 20 cents
1960 20cents
1975 53 cents
1981
$1.19
2000
$1.50
2005 $2.30
US consumers bought Toyota and Honda. US brands have failed
to compete with Japan since the 1970s.
Unions and high corporate taxes drove US manufacturers and
their supply chains to other countries in 1993.
In 2005 I traded the Cadillacs in for 2 Toyota Prius Hybrid
cars to move from 20mpg to 60mpg and we still drive them. Japanese cars last longer, are better made
and inexpensive to maintain.
Norb Leahy Dunwoody GA Tea Party Leader
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