Seymour Flops
Diamond Member
It's because they require more energy.
Manufactured items cost more or less based on how much energy it takes to produce them. It isn't about demand, or supply. It's about energy.
A pound of gold cost more than a pound of iron because it take more energy to find and dig the gold ore than the iron ore. Steel cost more than iron becuase it takes additional energy to turn the iron into steel. It takes labor, also, but the labor is a product of energy also.
So, any idea that electric cars will save the planet by using less energy is belied by the fact that they cost more because they use more energy, not less.
Good news is that if electric cars every do become more energy-effecient to make and drive, the free market will guarantee that nearly everyone will get one. Ironically, the only exception will likely be climate activists who will claim that they need their large engine limos to take them to their private jets since their mission of saving the planet is so important.
Manufactured items cost more or less based on how much energy it takes to produce them. It isn't about demand, or supply. It's about energy.
A pound of gold cost more than a pound of iron because it take more energy to find and dig the gold ore than the iron ore. Steel cost more than iron becuase it takes additional energy to turn the iron into steel. It takes labor, also, but the labor is a product of energy also.
So, any idea that electric cars will save the planet by using less energy is belied by the fact that they cost more because they use more energy, not less.
Good news is that if electric cars every do become more energy-effecient to make and drive, the free market will guarantee that nearly everyone will get one. Ironically, the only exception will likely be climate activists who will claim that they need their large engine limos to take them to their private jets since their mission of saving the planet is so important.
