Suncor Energy Inc. T.SU

EV Sales Collapse Globally as Subsidies Dry Up

[MigraineCall]

So EV purchase subsidies and avoiding paying road taxes is not going to last forever? Oh no...!


https://climatechangedispatch.com/ev-sales-collapse-globally-as-taxpayer-subsidies-dry-up/

[pooltec]

I was asking this awhile back.  Gas tax is a great way to pay for roads.  How do you collect taxes selling electricity that costs less per car than gas.  Assuming person does not charge from home.  Poiticians only cut taxes no new taxes allowed.  So no health care, schools, maintenace on free roads. Lots of toll roads.

[wreckhouse]

TAX AND MORE TAX  . Gas tax was suppose to pay for Highways ,bridges and maintenace . The SIN taxes will pay for health care .  (  ya ok )  what it is ,is a super size slush fund .  Now comes the EV . The folks who own these want rebates to buy them ,use the road system , have my TAX dollars build charging stations for them , all for free .  Most of these snowflakes

[MigraineCall]

Yes, governments are grappling with how to solve the issue. Roads, repairs, maintainance and infrastructure funding is supposed to be sourced from fuel taxes, and each jurisdiction sets the rates.  Fuel taxes were the fairest. Pay as you go. Generally, the more fuel you burned, the more damage you did to the roads, either through distance, or from vehicle weight. A road tax fee through

[autofocus111]

"A road tax fee through vehicle registrations are one way, but not very fair for those that drive a little" How about sticking a tax on tires?

[Hightowntrader]

After the government entices enough people to adopt EV, I think they will charge based on your odometer.  Easy to verify when you're at the shop, or upon registration renewal. They won't let those juicy dollars go untaxed forever. As I have posted before, "someone" will also have the ability of decide for you whether or not your car gets charged anyway. Not a conspiracy, as

[mrbb]

the current EV advantages relied on subsidies and free loading on infrastructure built and paid by the fossil fuel users.  Eventually EV owners will have to make up tor the declining road tax and petro tax.     Same goes going off grid, somebody has to pay for upkeep of the existing public power utility. If a city goes green and install more renewables sources, somebody has

[Obscure1]

This is a perfect example of cherry picking a stat to make a statement. China accounts for 27 million auto sales per year and they ended one of their never ending subsidies in January so sales backed off so the actual numbers are correct. However, what the article fails to mention is that China shuts down for a minimum of 10 days in January for its main holiday of the year.  In January

[MigraineCall]

No, I don't think it is cherry picking. If that is true for China, I don't recall Europe and the rest of the world (which includes the US) being shut down in January for lunar new year that also suffered similar sales drops. Overwhelmingly, ICE vehicles still maintain top sales position globally. I do know there are about 1000 new Chinese Teslas parked at the docks in Southern Thailand,

[mrbb]

what china is doing is tells the green West 'we're going for cheap coal to beat you' China leans on coal amid energy security push | Reuters right now, i still see EV as a novelty, a toy for early technology adopters and people for like to show off new toys. In china, most upper middle class still an ICE car even if their family own a EV because if they want to travel outside the

[Oldnagger]

When China thinks of coal as  " cheap " , they are obviously forgetting about the very high health costs incurred. Perhaps they need to learn from the Bhutanese and consider gross national happiness instead !! https://aqicn.org/map/china/

[Experienced]

I haven't the stats cause one month here or there isn't going to make a difference.  As far as I am concerned the direction arrow is up for the future.  I wonder if during the mid 1930s in the second phase of the Great Depression when car sales dipped significantly that there were people saying "Look at the dip in sales - we must be going back to horse buggies". That

[MigraineCall]

You must have a very popular car. I know you waited long for it. China is the world leader when it comes to the production of EVs. Respectable, however ICE vehicle production in China has still been 68% of the total. China exports many EVs to markets with even higher market saturations of ICE vehicles, so don't write off oil just yet. However EVs are going to get cheaper due to a drop in

[pooltec]

Great movie!

[parcheg]

Obscure: there are many factors which would preclude an inundation in orders for EVs, to wit -an incredibly short window to extract and produce the materials which are essential to EV manufacture -a similar shortfall in power grid capacity and/or infrastucture to supply the energy for EVs -etc. Granted, these are issues which will take time to resolve an resolved they will be. But in the meantime