EV Price Wars Thread
Lead Lap
Joined: Jul 2007
Posts: 4,426
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From: SC
And let's not forget that most of the electricity needed to charge those EVs comes from fossil fuels, so EVs benefit from that too.
Lead Lap
Joined: Jul 2007
Posts: 4,426
Likes: 590
From: SC
It's going to be very interesting to see how governments justify new taxes to cover all the lost income from fossil fuel taxes. I have a feeling it will end up being just like everything else. The entire tax burden will be shifted to the half that does pay taxes, while the other half will pay nothing. Taxes on gasoline right now are very regressive. Everyone who uses gas pays the tax. If the tax is rolled up into something like income taxes based on how many miles you drive, that can easily be offset with some type of credit based on income. And, of course, they know the number they need to reach beforehand to support the spending and they know how many people will pay the tax, so the cost per mile will be high.
Lexus Fanatic
Joined: Nov 2011
Posts: 35,251
Likes: 290
From: ON/NY
Electricity rates are currentlysubsidized here with rebates.
It's going to be very interesting to see how governments justify new taxes to cover all the lost income from fossil fuel taxes. I have a feeling it will end up being just like everything else. The entire tax burden will be shifted to the half that does pay taxes, while the other half will pay nothing. Taxes on gasoline right now are very regressive. Everyone who uses gas pays the tax. If the tax is rolled up into something like income taxes based on how many miles you drive, that can easily be offset with some type of credit based on income. And, of course, they know the number they need to reach beforehand to support the spending and they know how many people will pay the tax, so the cost per mile will be high.
Last edited by Toys4RJill; Mar 23, 2023 at 03:59 AM.
Lexus Champion
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
Last edited by AMIRZA786; Mar 23, 2023 at 05:14 AM.
Lexus Champion
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
It's going to be very interesting to see how governments justify new taxes to cover all the lost income from fossil fuel taxes. I have a feeling it will end up being just like everything else. The entire tax burden will be shifted to the half that does pay taxes, while the other half will pay nothing. Taxes on gasoline right now are very regressive. Everyone who uses gas pays the tax. If the tax is rolled up into something like income taxes based on how many miles you drive, that can easily be offset with some type of credit based on income. And, of course, they know the number they need to reach beforehand to support the spending and they know how many people will pay the tax, so the cost per mile will be high.
Last edited by AMIRZA786; Mar 23, 2023 at 05:36 AM.
It is a win-win. 100 percent. They did the same with Polestar, which is one of the reasons I bought one over the upcoming (at that time) Ioniq 5. VW and Audi have been giving 3 years free EA since 2020, Mercedes gives 2 years free for the EQS and their SUV. Nothing unusual
https://igentax.com/gas-tax-state-2/
Lexus Champion
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
how many times have you used the free EA charging?
there may be subsidies but look at the taxes! california adds 54c PER GALLON in tax, and the fed govt adds 18c per gallon.
https://igentax.com/gas-tax-state-2/
there may be subsidies but look at the taxes! california adds 54c PER GALLON in tax, and the fed govt adds 18c per gallon.
https://igentax.com/gas-tax-state-2/
Lexus Champion
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
Now that same location has their brand new chargers, so my last trip in February was a breeze. That said, they are still having issues they need to work out. I would overall rate EA with a C+. If I had to pay OOP, than it would be the same as now, I would only use Fast charging while travelling. Even though it's free right now, it's much easier to charge at home. Hope that helps
Intermediate
Joined: Sep 2016
Posts: 287
Likes: 151
From: OC | SoCal
like Amirza, i also got free EA charging. I've had my car for 14 months now and used the free EA charging less than 10 times, mostly just to get the "nicer" parking spot (I'm still plugged in and charging, not that I need to
)
I wasn't even aware that the car came with free EA charging, so that was never a factor why I got an EV. now, always waking up with a "full tank" and practically no maintenance - those are HUGE factors
just sharing my experience
)I wasn't even aware that the car came with free EA charging, so that was never a factor why I got an EV. now, always waking up with a "full tank" and practically no maintenance - those are HUGE factors
just sharing my experience
Lexus Champion
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
like Amirza, i also got free EA charging. I've had my car for 14 months now and used the free EA charging less than 10 times, mostly just to get the "nicer" parking spot (I'm still plugged in and charging, not that I need to)
I wasn't even aware that the car came with free EA charging, so that was never a factor why I got an EV. now, always waking up with a "full tank" and practically no maintenance - those are HUGE factors
just sharing my experience
)I wasn't even aware that the car came with free EA charging, so that was never a factor why I got an EV. now, always waking up with a "full tank" and practically no maintenance - those are HUGE factors
just sharing my experience
Again last thing...we pay extra to the state and federal government to register our cars. If I bought a comparable ICE vehicle, my registration would be $300 less
Last edited by AMIRZA786; Mar 23, 2023 at 07:52 AM.
Lexus Fanatic
Joined: Nov 2011
Posts: 35,251
Likes: 290
From: ON/NY
for green initiatives. The inflation reduction act authorized $369 billion in incentives/credits/subsidies for industry in America to decarbonize. And almost all of the initiatives and programs are actually open ended, so the tax burden and bill can go up and go on forever. Some experts believe the $369 billion is actually $1 trillion because of the open ended part. Industries like cement, aluminum and steel will have to be decarbonized. The scholars predict that the demand on electricity will his 3X what is currently is now. The future of green will be very expensive. Far more than a gas industry ever was. (people have to ignore the poor blog sites and search proper scholars)
Lexus Fanatic
Joined: Sep 2010
Posts: 25,911
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From: Alberta
The true cost of burning fossil fuel is basically incalculable. This is what ChatGPT has to say
I am not a big fan of subsidies but if they are going to exist it is far better that they go towards clean energy.
I wonder what Ford has to gain by openly talking about "refounding" the company in an attempt to be profitable making EVs. How about you just do it Ford.
Spoiler
I am not a big fan of subsidies but if they are going to exist it is far better that they go towards clean energy.
I wonder what Ford has to gain by openly talking about "refounding" the company in an attempt to be profitable making EVs. How about you just do it Ford.
Lexus Champion
Joined: Oct 2019
Posts: 19,330
Likes: 3,626
From: California
The true cost of burning fossil fuel is basically incalculable. This is what ChatGPT has to say
I am not a big fan of subsidies but if they are going to exist it is far better that they go towards clean energy.
I wonder what Ford has to gain by openly talking about "refounding" the company in an attempt to be profitable making EVs. How about you just do it Ford.
Spoiler
I am not a big fan of subsidies but if they are going to exist it is far better that they go towards clean energy.
I wonder what Ford has to gain by openly talking about "refounding" the company in an attempt to be profitable making EVs. How about you just do it Ford.