EV Cars/Trucks

[HemiEd]

Originally Posted by notorious

How much will that cost to construct?

I can't even imagine.

Originally Posted by BEAVER

Doesn't really matter - paid for by tax dollars I'm sure - so it is free!!

Wooohoooo - Free Stuff!

Yep, for sure. And how are they going to tax these EVs since they don't pay the fuel tax?

[DaFace]

Originally Posted by HemiEd

I can't even imagine.






Yep, for sure. And how are they going to tax these EVs since they don't pay the fuel tax?

Many states charge extra on your property taxes. I pay an extra $50/year.

[ghak99]

Originally Posted by DaFace

Many states charge extra on your property taxes. I pay an extra $50/year.

Is that $50 based on mileage driven?

Any idea how that $50 would compare to the tax on the fuel you would have otherwise been using annually?

[DaFace]

Originally Posted by ghak99

Is that $50 based on mileage driven?

Any idea how that $50 would compare to the tax on the fuel you would have otherwise been using annually?

Nah, it's a flat rate. Looks like it's $0.22 per gallon in Colorado, so if you assume 22mpg (to make the math easy), that'd work out to ~5k miles per year. If you assume 33mpg (which is closer to what I'd expect on comparable ICE cars), it'd be more like ~7500 miles per year.

There's always weird nuance, though. I have to pay the $50 on my PHEV as well, and any time I leave the city I'm still using gas. So I'm pretty sure I come out behind on that one, though I probably come out a little ahead on my EV.

[Chief Roundup]

Originally Posted by HemiEd

Yep, for sure. And how are they going to tax these EVs since they don't pay the fuel tax?

They get that fuel tax through a road use fee when you get your tags renewed. If you have a hybrid it is $250 a year, in Arkansas. If you have an EV then the road use fee is $500.

[HemiEd]

Originally Posted by DaFace

Many states charge extra on your property taxes. I pay an extra $50/year.

Originally Posted by Chief Roundup

They get that fuel tax through a road use fee when you get your tags renewed. If you have a hybrid it is $250 a year, in Arkansas. If you have an EV then the road use fee is $500.

That is interesting, we haven't paid any extra on our little Prius C here in Missouri.

[DaFace]

Originally Posted by HemiEd

That is interesting, we haven't paid any extra on our little Prius C here in Missouri.

Colorado doesn't charge extra for standard hybrids either - just cars with a plug.

[HemiEd]

Thought this was interesting, rest of article in spoiler tags:

It’s Not Easy Being EV: Three EV startups — Lordstown Motors, Proterra, and Electric Last Mile Solutions — have all filed for bankruptcy. Plus, startup vehicles tend to cost more than what the average driver wants to pay. The Fisker Ocean SUV costs $62,000 — that’s about $20,000 more than a new Tesla Model Y or Ford Mustang Mach E. Even a bigger player in the startup space like Lucid, which is partially backed by that sweet Saudi oil money and just raised $1 billion from the Gulf kingdom, still faces weak demand for its luxury cars. If EVs were mousetraps, right now the goal isn’t about building a better one, but rather a cheaper one.

Spoiler!

AUTOS
Struggling EV Maker Fisker Can’t Find a Dance Partner
The gaping potholes that have emerged on the road to the EV future have swallowed another startup.

Fisker’s stock tumbled further on Monday (hard to do from 12 cents a share), and the company’s ability to stay in business appears in jeopardy following its announcement that a partnership deal with a larger automaker had broken down.

Not Enough Charge
EVs are more popular and well-designed than ever, but even the biggest carmakers — General Motors, Ford, and Mercedes-Benz — have had to scale down or slightly delay their plans as demand slows.

Startups like Fisker — which don’t have decades’ worth of customer loyalty, expansive facilities, or tens of billions of dollars at their disposal — face an even tougher uphill climb:

In February, Fisker announced it was negotiating with another carmaker for some kind of partnership that could have involved an investment, joint development, or use of the automaker’s facilities. The Wall Street Journal reported earlier this month that the company had hired advisers to help with a possible bankruptcy filing.
As a result of the partnership deal falling through, Fisker said it wouldn’t be able to meet the closing condition of a $150 million financing commitment that it had entered into with an investor, according to The Wall Street Journal. Earlier this month, Fisker paused production for six weeks, and on Monday, its share price fell another 28% to just under 9 cents a share. The stock was trading near $7 as recently as last September.
And it’s not just little guy Fisker asking for help. The need to team up is being seen throughout the industry. Nissan, a nearly 100-year-old company, plans to cut the cost of its EV manufacturing by 30% thanks to partnerships with France's Renault and Honda, per the Financial Times.

It’s Not Easy Being EV: Three EV startups — Lordstown Motors, Proterra, and Electric Last Mile Solutions — have all filed for bankruptcy. Plus, startup vehicles tend to cost more than what the average driver wants to pay. The Fisker Ocean SUV costs $62,000 — that’s about $20,000 more than a new Tesla Model Y or Ford Mustang Mach E. Even a bigger player in the startup space like Lucid, which is partially backed by that sweet Saudi oil money and just raised $1 billion from the Gulf kingdom, still faces weak demand for its luxury cars. If EVs were mousetraps, right now the goal isn’t about building a better one, but rather a cheaper one.

Written by Griffin Kelly