[Tupper]

What more needs to be said?

Internal combustion engines are far from over: 'There was a bit of hype' around EVs, industry watchers say

"Gearheads are realizing the experience is such an important part of the car," said Car and Driver magazine's Tony Quiroga.

abcnews.go.com

 

[2old4this]

What more needs to be said?

Internal combustion engines are far from over: 'There was a bit of hype' around EVs, industry watchers say

"Gearheads are realizing the experience is such an important part of the car," said Car and Driver magazine's Tony Quiroga.

abcnews.go.com

For people like us, the article is right on the spot. However, the electric car sales seem to be doing better than “expected” despite the stratosphere high prices.

Tesla may be in trouble, but other EVs are selling just fine

Almost every other automaker is seeing double-digit EV sales growth.

arstechnica.com

However, they seem to be concentrated in China, Eur, and the US (which may or may not be important. Over 2/3rd of new car sales are in those three markets).

I think at the end, there is a good chance EV sales will be pushed more and more not by just government but also the business people, since it creates quite a few new opportunities. They all need new charging stations, networking+power (electric) infrastructure, new jobs (battery, electric motors, etc etc). As a side item, the dealerships will get less and less important (not a bad thing, IMO).

 

[JuddS]

I'm interested in how the govt is going to incentivize the construction of all that infrastructure. I've been riding the wave of insane govt incentives for energy efficiency and its bonkers. Sometimes the govt pays 2x the full boat non discounted price we would charge a client. Why? Because they have a budget to spend and if they don't hit their budget they get penalized so they just throw money out the window.

And they let private companies manage the incentive payment applications and paperwork and those guys are paid who knows how. I'd love to see an analysis of where a tax dollar gets spent for incentives. My guess is 60 cents administrative waste, 30 cents overpaymets and 10 cents actually doing good.

And few people realize the tax benefits that companies get for these govt sponsored initiatives for things they want to push on us. 179D is a tax incentive that's pretty crazy. They let you deduct a fixed amount per square foot of real estate you own if you do some rather simple projects. If you own millions of square feet it adds up!

I'm fascinated by govt waste.

 

[ezmaass]

I'm interested in how the govt is going to incentivize the construction of all that infrastructure. I've been riding the wave of insane govt incentives for energy efficiency and its bonkers. Sometimes the govt pays 2x the full boat non discounted price we would charge a client. Why? Because they have a budget to spend and if they don't hit their budget they get penalized so they just throw money out the window.

And they let private companies manage the incentive payment applications and paperwork and those guys are paid who knows how. I'd love to see an analysis of where a tax dollar gets spent for incentives. My guess is 60 cents administrative waste, 30 cents overpaymets and 10 cents actually doing good.

And few people realize the tax benefits that companies get for these govt sponsored initiatives for things they want to push on us. 179D is a tax incentive that's pretty crazy. They let you deduct a fixed amount per square foot of real estate you own if you do some rather simple projects. If you own millions of square feet it adds up!

I'm fascinated by govt waste.

When I was straight out of college, I was perplexed by the spending spree that our government clients would go on around August. It didn't take long before it was explained. If they failed to spend all of their budget, they got less the next year. So, millions and millions were spent on nonsense.

Anyone who believes that the government needs MORE tax money to operate has never worked with the government or isn't paying attention. The amount of waste is staggering, and I don't use that word lightly. The sad truth is that we can probably be paying 25% - 50% less in tax and be getting MORE in services if these institutions were simply staffed by more competent people.

 

[Higgs Boson]

When I was straight out of college, I was perplexed by the spending spree that our government clients would go on around August. It didn't take long before it was explained. If they failed to spend all of their budget, they got less the next year. So, millions and millions were spent on nonsense.

Anyone who believes that the government needs MORE tax money to operate has never worked with the government or isn't paying attention. The amount of waste is staggering, and I don't use that word lightly. The sad truth is that we can probably be paying 25% - 50% less in tax and be getting MORE in services if these institutions were simply staffed by more competent people.

You're gonna need to pay more taxes if you want me to work for the government.

 

[JuddS]

I really used to want to work in the govt. Studied public policy and everything. Plan was to hit my number of cash in the bank and then go work on policy. But I realized I wouldn't last 2 weeks without being fired for not following proper procedure.

I still think people who win at life owe it to the country or humanity as a whole to do some heavy lifting around making the country better in their later years. Some guys just seem to want to relax and drink beer and I fully respect thst as well. But for those who still want a challenge there is so much to do.

I don't know though. A mentor of mine told me last week I need to keep full throttle down at least until I hit 50 as thats when produxtivity starts to fair and you have to go more towards advisory roles than implementation of your ideas. Seems weird to me that decline starts at 50. I still wake up ready to crush my day and I'm in my mid 40s. Perhaps at 55 I'll be wanting a beach and a cold beer at noon. I genuinely don't think so though.

 

[Tupper]

Am I the only one who visits this thread to talk about ICE supercars (vs EV)?

 

[JuddS]

@Tupper I think we are talking about ice vs ev supercars. The charging infrastructure and govt incentives are a big part of the adoption of EVs.

I just don't see adoption of evs without serious govt intervention that isn't there yet. I hope there is real backlash against evs and I still am not convinced they are better for the environment than ice.

One other thing I'm very interested in is how this is going to impact developing countries. In many parts of the world old cars from America get shipped there (or even towed all the way down to Central america) so what are those countries going to do when they are getting evs from 10 years ago where the batteries don't hold a charge and there is no money to build infrastructure.?.?

 

[ezmaass]

@Tupper I think we are talking about ice vs ev supercars. The charging infrastructure and govt incentives are a big part of the adoption of EVs.

I just don't see adoption of evs without serious govt intervention that isn't there yet. I hope there is real backlash against evs and I still am not convinced they are better for the environment than ice.

One other thing I'm very interested in is how this is going to impact developing countries. In many parts of the world old cars from America get shipped there (or even towed all the way down to Central america) so what are those countries going to do when they are getting evs from 10 years ago where the batteries don't hold a charge and there is no money to build infrastructure.?.?

I'll continue to say - I don't necessarily have a problem with EVs. Look, at some point every technology gets replaced... and as much as I love the thrill of ICE supercars, it's rational to expect that they get replaced eventually... by something. My problem is largely with the lawmakers who are trying desperately to manipulate the natural development and adoption of a replacement technology... and timeline. I continue to believe that the best outcome is a market SO excited about a next-generation technology that they flock to it - there should be no need for a punitive approach IF the technology truly improves lives and represents a better value proposition over ICE. Yet, so much of the government push has relied upon massive incentives, rebates, and essentially regulating ICE out of existence... not a very convincing argument that EVs, as is, stand on their own merit.

When the guys come to tow a 10 year old EV to Central America, I say let them tow the lawmakers with it.

 

[subterFUSE]

These election results in Europe have dealt a serious blow to the green agenda there. I think we are going to see continued pullback from the car companies on the push to electrify their products.
I'm not expecting anyone to announce a new V10 engine quite yet, but it would not completely shock me at this point. Aston-Martin has brought back the V12, at least for the time being.

 

[23_R8]

I really used to want to work in the govt. Studied public policy and everything. Plan was to hit my number of cash in the bank and then go work on policy. But I realized I wouldn't last 2 weeks without being fired for not following proper procedure.

I still think people who win at life owe it to the country or humanity as a whole to do some heavy lifting around making the country better in their later years. Some guys just seem to want to relax and drink beer and I fully respect thst as well. But for those who still want a challenge there is so much to do.

I don't know though. A mentor of mine told me last week I need to keep full throttle down at least until I hit 50 as thats when produxtivity starts to fair and you have to go more towards advisory roles than implementation of your ideas. Seems weird to me that decline starts at 50. I still wake up ready to crush my day and I'm in my mid 40s. Perhaps at 55 I'll be wanting a beach and a cold beer at noon. I genuinely don't think so though.

For me anyway, it definitely changed between 45 and 55. At 45 I was launching and developing new products. At 55 I had just weathered the covid period, and dealing with increasing regulatory restrictions...and I quickly became ready to hang it up, so I sold. I'm glad I did too (two years later).