Other countries discount EVs at the point of sale. Americans wait until next tax season. in all that and more morning shift For September 3, 2021.
1st Gear: Who Are We Kidding?
I . saw a report in Automotive News Today an EV manufacturing lobby is urging our government to give more support to electric vehicles. The group is seeking a larger and wider tax credit as per AN:
In a letter sent Thursday, the Electric Drive Transportation Association — along with the Alliance for Automotive Innovation, Auto Drive America and the Zero Emissions Transportation Association — called on Democratic lawmakers to extend and extend the Section 30B and 30D tax credits for EVs. Said for “acceptance and help of manufacturers to reach the economies of scale necessary to achieve parity with the gasoline-powered vehicle market to support consumer”.
Senate Finance Committee approved in May A proposal led by Sen. Debbie Stabeno, D-Mich., in the Clean Energy Act for America, which would allow vehicle buyers to receive up to $12,500 for electric vehicles assembled by union workers in U.S. factories.
Under the proposal, consumers are eligible for a $7,500 tax credit if they purchase an EV and can receive an additional $2,500 if the vehicle is assembled in the US and another $2,500 if it is assembled at such a plant. whose work force is represented by a union.
There is a problem in all this. these are tax credits. It sounds great to Americans, but Americans won’t even realize that this whole system is a total joke. Other Countries Discount on EVs at point of sale. Here’s How Our Current $7,500 Credit Works, Like kelly blue book telling:
A tax credit is just that – a tax credit. Manufacturers often advertise this as a discount on the price of the car, but it is not. Instead, it’s a government policy that allows you to claim a credit of up to $7,500 against the federal income taxes you pay in the year you bought the car. In other words, it reduces your tax liability. If you are eligible for a refund, you will get whatever credit amount you have on top of that.
It’s worth noting that in order to realize the $7500 tax credit, you’ll need to build up a decent amount to begin with.
much discussion Biden is moving to point-of-sale when the so-called Clean Energy for America Act first came out earlier this year, but there is no language about it because the bill stands. It has been described as one ofThe bill can still be improved in some ways.“We need to get our shit together.
2nd gear: Germany up to 15% EV adoption rate
Meanwhile in Germany, all electric vehicles made up 15% of new car registrations for the month of August, according to government data, and translated by Google because it’s too early for me to translate my own:
35.5 percent of new vehicles were equipped with petrol engines (68,598/-41.8%), 17.7 percent were diesel vehicles (34,171/-50.8%). Vehicles with hybrid drive (60,720/+31.5%) accounted for 31.4 percent, including plug-in hybrids (24,497/+43.3%), with a share of 12.7 percent. share is. Electric cars (BEVs) (28,860/+79.5%) accounted for 14.9 per cent. The share of 0.4 percent was made up of cars with fuel type LPG (711/- 8.1%) and 0.1 percent were natural gas vehicles (199/-69.8%). Average CO2 emissions fell by -18.2 percent to 114.6 g/km.
In case you’re wondering how it compares to the United States, we somewhere around one or two percent. Germany, as we have discussed earlier, Brings you back up to five digits in some cases When you buy an EV.
3rd Gear: Whoa, whoa, whoa, you’re telling me there’s another Tesla delay?
Elon claimed that the Cybertruck is “delayed” again, which would be bad news for anyone wondering if this truck will ever be ready for production, or if you really believe Tesla even wants to put it into production. Is. If you were trying To tell people about a car that was particularly impossible to bring to market, you What are you doing This. what read electrek Have to say about it:
Elon Musk has confirmed and expanded the delayed timeline for the Cybertruck, Tesla’s upcoming electric pickup truck.
It has now been delayed to the end of 2022.
Over the past year, with time drawing closer, there have been signs that Cybertruck may be delayed.
First, Tesla recently completed the engineering design of an electric pickup truck.
CEO Elon Musk also warned that Tesla was going to have some challenges getting the Cybertruck into production due to features such as a steel exoskeleton body, which require entirely new manufacturing processes.
Ah shit, the all-electric pickup we wanted to make? We have to, uh, make sure it has a steel exoskeleton for some reason. We swear this is important. Totally critical. It will take us some time to figure it out.
Investors.com was less benevolent about the news, pointing out that Tesla is having a hard time with the thing:
The extended Cybertruck delay shows that the 4680 battery cells are still far from mass production. The 4680 battery cells, assuming they deliver the promised benefits, are the key to making the Cybertruck, Semi and Roadster viable. Musk said this week that the long-delayed Roadster could arrive in 2023.
Meanwhile, the all-electric Rivian R1T pickup is set to start deliveries this month General Motors (GM) hammer later this year. NS Payab (F) The F-150 Lightning arrives in the spring of 2022.
Ah shit, we have to invent these batteries. Big problem. The car couldn’t run without them! Pardon me! Please keep that stock price up until we find out.
4th Gear: GM Taking a Lil’ Brake Is Everything
Semiconductor chip shortages have been bad, and it doesn’t seem to be getting much better. GM will introduce a two-week break for everything except its big trucks and SUVs, as Detroit Free Press Report:
General Motors will deactivate nearly all of its assembly plants in North America starting Monday as the COVID-19 pandemic continues to affect the production of semiconductor chips overseas.
GM said its Arlington assembly in Texas, where it manufactures its highly profitable full-size SUVs, will run regular production next week with Flint Assembly, where it manufactures its heavy-duty pickup, Bowling Green Assembly, in Kentucky, where it manufactures. Corvette, and part of the Lansing Grand River assembly, where it would make some Chevrolet Camaro and Cadillac Blackwing cars.
But all other assembly plants in North America will be deactivated from Monday.
You know the big trucks and SUVs make GM all their money because they’re the last things to stop production.
5th Gear: Can Car Companies Legally Be on the Hook for Lack of Climate Response?
A new suit in Germany could set a precedent for this, or at least I hope it could. From Reuters:
Greenpeace and the German environmental NGO Deutsche Umwelthilf (DUH) will take legal action against Volkswagen, BMW, Daimler’s Mercedes-Benz and the gas and oil firm Wintershall Dea if they do not advance their policies to tackle climate change. said on Friday.
case model will beAid brought against Royal Dutch Shell in the Netherlands last year, arguing the company’s lack of climate action constituted a failure in its duty of care to citizens, led a court in May to allow the company to cut its CO2 production by 45%. made mandatory to reduce from 2019 levels to 2030.
Greenpeace and DUH are demanding that automakers stop producing combustion engine cars by 2030 – ahead of a 2035 ban proposed by the European Union in July – and that the Wintershall DEA allow any new oil and gas fields to be discovered by 2026. abstains from.
It’s a funny kind of climate action, in that it feels like a real threat to the world order as it stands.
Reverse: Campbell got better with dry lakes
September 3, 1935: Campbell shatters the 300 mph barrier at Bonneville
Malcolm Campbell, at the wheel of his last customized “Bluebird” car, became the first driver to travel 300 mph, breaking his own land-speed record for the ninth time in the process.
campbell He set his first record 11 years ago at Pendine Sands in Wales, where he topped 146.6 mph. From there he stepped upward, breaking the 200 mph barrier in 1928, up from 250 in 1932 and 275 on March 7, 1935, just six months before his historic ride in Utah. Bonneville Salt Flats.
Neutral: How was your EV buying experience?
How long did it take for the money to return to your pocket?