Saturday, August 12, 2023

EV's

EV batteries last 8 to 10 years and cost about $10,000 to replace. The average life of a car in the US is 12 years. 60% of the time that you charge your car battery you are using fossil fuel generated power. There are 290 million cars on the road in the US and 1.7 million are all electric. The average EV cost $10,000 more than the average gas powered car so it is the wealthy people who are buying these cars many for the prestige. That is wearing thin for many buyers much like the trendy folks who after five years have stopped buying fake meat. After 20 years of subsidies costing billions EV's represent less than one percent of the cars on the road. The government has pushed the idea that these cars are saving the planet but the people aren't buying that idea. Instead people are moving away from sedans and buying SUV's and small trucks. Most people who have EV's charge them at home because it takes several hours so they charge overnight. The average EV will travel 250 miles on a charge assuming it is not winter in MN. As the novelty of this whole idea wears off people will turn against EV's. This is already happening to those who own EV's. To really impact climate change the government should be pushing natural gas cars and building natural gas stations around the country. Just as using natural gas for power plants has reduced CO2 to record lows the same thing would happen going to natural gas for transportation.

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