The USA has the richest automotive history and culture in the world. Automotive enthusiast are not interested in seeing it get replaced with a bunch of unsexy commie cars. Maybe commies aren't interested in greatness, but there are plenty of people who are.
There is no one alive today that will see gasoline entirely eliminated. I expect fossil fuels to be around a long long time. However, that does not mean they will be the primary fuels used for transportation. People that are actively engage in the developing of alternative energy sources see the transition period lasting many decades. We have been using fossil fuels for well over a hundred years for transportation and it will surely take that long to replace them.Ok all you freaks wanting to eliminate gas... what is the boating public supposed to do?That is the opinion of Wall St. investors, who think it could be a money loser by 2030.
New research from Morgan Stanley argues that traditional internal combustion engines—the mainstay of automobiles for more than a century—are destined to become money-losers as early as 2030. “We believe the market may be ascribing zero (or even negative?) value for ICE-derived revenues at GM and Ford,” auto analyst Adam Jonas wrote in a Jan. 29 analysis. He lists a variety of factors likely to “transform what were once profit-generating assets into potentially loss-making and cash-burning businesses.”
And more of the story I find interesting:
The investing firm recently surveyed institutional investors on the value of internal-combustion technology at GM and Ford. Seventeen percent said ICE technology had no value or negative value today. Sixty percent rated ICE technology as slightly positive, while 23% said it was a significantly positive value. That’s with electrification technology still in the early innings: total market share for fully electric vehicles is still less than 3%.
Risk in adapting too slowly
But essentially all of the growth in powertrain adoption in coming years will be electric, while ICE powertrains are certain to decline. The risk for automakers isn’t adapting too quickly and getting ahead of the market. It’s adapting too slowly and becoming overly reliant on dying technology consumers may no longer want as electrics get cheaper and range improves. That extends to factory capacity, with ICE assembly lines possibly becoming stranded assets with no market value. It would cost automakers money to disassemble or convert them to valuable use, thus the possibility of negative value
Gasoline is becoming worthless
Investors are beginning to value internal-combustion technology at 0 or less, which is forcing the faster adoption of electrics at GM, Ford and other automakers.www.yahoo.com
what is the private aircraft owners supposed to do?
Then there is the loss of revenue from the gas tax both federal, state and local.
Gas will not be disappearing anytime soon
Commies cannot conceive greatness. Just because you cannot conceive greatness, doesn't mean the greatness isn't there.
In Formula E racing when they do a pit stop because their battery is low they actually change cars
That is the opinion of Wall St. investors, who think it could be a money loser by 2030.
New research from Morgan Stanley argues that traditional internal combustion engines—the mainstay of automobiles for more than a century—are destined to become money-losers as early as 2030. “We believe the market may be ascribing zero (or even negative?) value for ICE-derived revenues at GM and Ford,” auto analyst Adam Jonas wrote in a Jan. 29 analysis. He lists a variety of factors likely to “transform what were once profit-generating assets into potentially loss-making and cash-burning businesses.”
And more of the story I find interesting:
The investing firm recently surveyed institutional investors on the value of internal-combustion technology at GM and Ford. Seventeen percent said ICE technology had no value or negative value today. Sixty percent rated ICE technology as slightly positive, while 23% said it was a significantly positive value. That’s with electrification technology still in the early innings: total market share for fully electric vehicles is still less than 3%.
Risk in adapting too slowly
But essentially all of the growth in powertrain adoption in coming years will be electric, while ICE powertrains are certain to decline. The risk for automakers isn’t adapting too quickly and getting ahead of the market. It’s adapting too slowly and becoming overly reliant on dying technology consumers may no longer want as electrics get cheaper and range improves. That extends to factory capacity, with ICE assembly lines possibly becoming stranded assets with no market value. It would cost automakers money to disassemble or convert them to valuable use, thus the possibility of negative value
Gasoline is becoming worthless
Investors are beginning to value internal-combustion technology at 0 or less, which is forcing the faster adoption of electrics at GM, Ford and other automakers.
www.cnn.com
Some how I do not believe you even know how to drive a car with manual transmission, More likely you use public transportation or ride a bicycle
There is no one alive today that will see gasoline entirely eliminated. I expect fossil fuels to be around a long long time. However, that does not mean they will be the primary fuels used for transportation. People that are actively engage in the developing of alternative energy sources see the transition period lasting many decades. We have been using fossil fuels for well over a hundred years for transportation and it will surely take that long to replace them.Ok all you freaks wanting to eliminate gas... what is the boating public supposed to do?That is the opinion of Wall St. investors, who think it could be a money loser by 2030.
New research from Morgan Stanley argues that traditional internal combustion engines—the mainstay of automobiles for more than a century—are destined to become money-losers as early as 2030. “We believe the market may be ascribing zero (or even negative?) value for ICE-derived revenues at GM and Ford,” auto analyst Adam Jonas wrote in a Jan. 29 analysis. He lists a variety of factors likely to “transform what were once profit-generating assets into potentially loss-making and cash-burning businesses.”
And more of the story I find interesting:
The investing firm recently surveyed institutional investors on the value of internal-combustion technology at GM and Ford. Seventeen percent said ICE technology had no value or negative value today. Sixty percent rated ICE technology as slightly positive, while 23% said it was a significantly positive value. That’s with electrification technology still in the early innings: total market share for fully electric vehicles is still less than 3%.
Risk in adapting too slowly
But essentially all of the growth in powertrain adoption in coming years will be electric, while ICE powertrains are certain to decline. The risk for automakers isn’t adapting too quickly and getting ahead of the market. It’s adapting too slowly and becoming overly reliant on dying technology consumers may no longer want as electrics get cheaper and range improves. That extends to factory capacity, with ICE assembly lines possibly becoming stranded assets with no market value. It would cost automakers money to disassemble or convert them to valuable use, thus the possibility of negative value
Gasoline is becoming worthless
Investors are beginning to value internal-combustion technology at 0 or less, which is forcing the faster adoption of electrics at GM, Ford and other automakers.
what is the private aircraft owners supposed to do?
Then there is the loss of revenue from the gas tax both federal, state and local.
Gas will not be disappearing anytime soon
Remember the joy of the open road.
For half a century, auto makers sold Americans on the adventure of the open road with the wind in your hair and 260 horses at your command, adventure awaits you.There is no one alive today that will see gasoline entirely eliminated. I expect fossil fuels to be around a long long time. However, that does not mean they will be the primary fuels used for transportation. People that are actively engage in the developing of alternative energy sources see the transition period lasting many decades. We have been using fossil fuels for well over a hundred years for transportation and it will surely take that long to replace them.Ok all you freaks wanting to eliminate gas... what is the boating public supposed to do?That is the opinion of Wall St. investors, who think it could be a money loser by 2030.
New research from Morgan Stanley argues that traditional internal combustion engines—the mainstay of automobiles for more than a century—are destined to become money-losers as early as 2030. “We believe the market may be ascribing zero (or even negative?) value for ICE-derived revenues at GM and Ford,” auto analyst Adam Jonas wrote in a Jan. 29 analysis. He lists a variety of factors likely to “transform what were once profit-generating assets into potentially loss-making and cash-burning businesses.”
And more of the story I find interesting:
The investing firm recently surveyed institutional investors on the value of internal-combustion technology at GM and Ford. Seventeen percent said ICE technology had no value or negative value today. Sixty percent rated ICE technology as slightly positive, while 23% said it was a significantly positive value. That’s with electrification technology still in the early innings: total market share for fully electric vehicles is still less than 3%.
Risk in adapting too slowly
But essentially all of the growth in powertrain adoption in coming years will be electric, while ICE powertrains are certain to decline. The risk for automakers isn’t adapting too quickly and getting ahead of the market. It’s adapting too slowly and becoming overly reliant on dying technology consumers may no longer want as electrics get cheaper and range improves. That extends to factory capacity, with ICE assembly lines possibly becoming stranded assets with no market value. It would cost automakers money to disassemble or convert them to valuable use, thus the possibility of negative value
Gasoline is becoming worthless
Investors are beginning to value internal-combustion technology at 0 or less, which is forcing the faster adoption of electrics at GM, Ford and other automakers.
what is the private aircraft owners supposed to do?
Then there is the loss of revenue from the gas tax both federal, state and local.
Gas will not be disappearing anytime soon
Fossil fuels aren't going anywhere, but the future investments will not be in drilling for oil, it will be in developing green energy, especially in the automobile industry, which is transitioning to all electric, something that oil companies have crushed for the past 30 years.
(A great example of this is "Who Killed The Electric Car" from 2006, watch it for an example of how they've squashed any attempt at EV's) but the rest of the world is forging ahead, and Tesla has opened the door they held shut. Times, they are a changin'.
Of course, this is going to take 15 years to be fully operational, and many of us will be dead by then, but the future is in EV's for not only automobiles but in delivery vehicles as well. Amazon is going all EV right now, Rivian is currently building their all electric fleet as I type this. It's going to happen, and I'm heavily invested in it. 2020., as bad a year as its been, has been the best year of my life financially in over 20 years of investing, all because of emerging EV technology.
jalopnik.com
The reality won't change, even if every last car is electric, as long as the electricty that charges them is produced with the same fuel that non EVs have been using. Also, nobody can tell us where the electric will come from if we were to get to a future of all electric vehicles.Remember the joy of the open road.
For half a century, auto makers sold Americans on the adventure of the open road with the wind in your hair and 260 horses at your command, adventure awaits you.There is no one alive today that will see gasoline entirely eliminated. I expect fossil fuels to be around a long long time. However, that does not mean they will be the primary fuels used for transportation. People that are actively engage in the developing of alternative energy sources see the transition period lasting many decades. We have been using fossil fuels for well over a hundred years for transportation and it will surely take that long to replace them.Ok all you freaks wanting to eliminate gas... what is the boating public supposed to do?That is the opinion of Wall St. investors, who think it could be a money loser by 2030.
New research from Morgan Stanley argues that traditional internal combustion engines—the mainstay of automobiles for more than a century—are destined to become money-losers as early as 2030. “We believe the market may be ascribing zero (or even negative?) value for ICE-derived revenues at GM and Ford,” auto analyst Adam Jonas wrote in a Jan. 29 analysis. He lists a variety of factors likely to “transform what were once profit-generating assets into potentially loss-making and cash-burning businesses.”
And more of the story I find interesting:
The investing firm recently surveyed institutional investors on the value of internal-combustion technology at GM and Ford. Seventeen percent said ICE technology had no value or negative value today. Sixty percent rated ICE technology as slightly positive, while 23% said it was a significantly positive value. That’s with electrification technology still in the early innings: total market share for fully electric vehicles is still less than 3%.
Risk in adapting too slowly
But essentially all of the growth in powertrain adoption in coming years will be electric, while ICE powertrains are certain to decline. The risk for automakers isn’t adapting too quickly and getting ahead of the market. It’s adapting too slowly and becoming overly reliant on dying technology consumers may no longer want as electrics get cheaper and range improves. That extends to factory capacity, with ICE assembly lines possibly becoming stranded assets with no market value. It would cost automakers money to disassemble or convert them to valuable use, thus the possibility of negative value
Gasoline is becoming worthless
Investors are beginning to value internal-combustion technology at 0 or less, which is forcing the faster adoption of electrics at GM, Ford and other automakers.
what is the private aircraft owners supposed to do?
Then there is the loss of revenue from the gas tax both federal, state and local.
Gas will not be disappearing anytime soon
Fossil fuels aren't going anywhere, but the future investments will not be in drilling for oil, it will be in developing green energy, especially in the automobile industry, which is transitioning to all electric, something that oil companies have crushed for the past 30 years.
(A great example of this is "Who Killed The Electric Car" from 2006, watch it for an example of how they've squashed any attempt at EV's) but the rest of the world is forging ahead, and Tesla has opened the door they held shut. Times, they are a changin'.
Of course, this is going to take 15 years to be fully operational, and many of us will be dead by then, but the future is in EV's for not only automobiles but in delivery vehicles as well. Amazon is going all EV right now, Rivian is currently building their all electric fleet as I type this. It's going to happen, and I'm heavily invested in it. 2020., as bad a year as its been, has been the best year of my life financially in over 20 years of investing, all because of emerging EV technology.
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The Dream
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The Reality
Keep in mind that when the government puts in charging stations, they put in stations that are already obsolete. They charge an EV, but they do it at a snail pace.Answer me this,,,,,, Biden says will put up 550,000 EV Charging Stations. Now will these be free to use or is the driver going to have to pay for this service? It is bad enough that the American taxpayer is on the hook for these charging stations. Now with the entry of the electric car, what will make up the loss of revenue from the gas tax both Federal, State and local? The federal government charges a tax of 18.4 cents on every gallon of gasoline and 24.4 cents on every gallon of diesel. In 2019, about 142.71 billion gallons (or about 3.40 billion barrels1) of finished motor gasoline were consumed in the United States, In 2019, distillate fuel (essentially diesel fuel) consumption by the U.S. transportation sector was about 47.2 billion gallons (1.1 billion barrels). Do the math that would be a hell of a revenue drop that would have to be made up for.
Where Exactly Does Joe Biden Plan To Put 550,000 EV Charging Stations?
There has been a lot of talk today about President Joe Biden’s first day executive orders. One EO that has long been promised paves the way forward for mass electric vehicle adoption. Joe has campaigned on a $5 billion plan to install half a million new EV charging stations by 2030. If it does...
Biden's plan to put 550,000 charging stations in the country would cost about 5 billion dollars. My guess is that 5 billion dollars will be grants available to businesses, local and state government, and other organization that would install charging stations. Cost of maintaining them and cost of electricity would be born by the user as is done today. The purpose of this plan is to overcome one of the major obstacles in selling EVs, convenient charging stations. I saw a survey done not long ago that revealed 70% of adult drivers do not have an easy way of charging vehicles at their place of residence. That makes convenient charging stations a must for most drivers. The new EVs with long ranges doesn't mean much to drivers if they can't easily find charging stations on longer trips.Answer me this,,,,,, Biden says will put up 550,000 EV Charging Stations. Now will these be free to use or is the driver going to have to pay for this service? It is bad enough that the American taxpayer is on the hook for these charging stations. Now with the entry of the electric car, what will make up the loss of revenue from the gas tax both Federal, State and local? The federal government charges a tax of 18.4 cents on every gallon of gasoline and 24.4 cents on every gallon of diesel. In 2019, about 142.71 billion gallons (or about 3.40 billion barrels1) of finished motor gasoline were consumed in the United States, In 2019, distillate fuel (essentially diesel fuel) consumption by the U.S. transportation sector was about 47.2 billion gallons (1.1 billion barrels). Do the math that would be a hell of a revenue drop that would have to be made up for.
Where Exactly Does Joe Biden Plan To Put 550,000 EV Charging Stations?
There has been a lot of talk today about President Joe Biden’s first day executive orders. One EO that has long been promised paves the way forward for mass electric vehicle adoption. Joe has campaigned on a $5 billion plan to install half a million new EV charging stations by 2030. If it does...
Why?
In with the old technology you mean
