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Trump has just said he will end the "EV mandate on day one" if...

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AmbrosePethick

18,244 Posts.

19/07/24

13:22

Post #: 74828727
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Originally posted by madamswer: ↑

"If some people are too set in their ways to embrace better technology when it comes along because they have decades old habits, then so be it. But they are absolutely missing out"

The vast majority of the population doesn't have the financial wherewithal to indulge themselves in things for fear of "missing out". For them every dollar of their hard-earned capital has to work for them. They can't afford to simply wear accelerated depreciation or pay thousands more on their car's insurance each year, or for higher rates of tyre wear, or for inordinately more expensive repair costs in the event things go wrong.

I happily concede to not being a first adopter of things; this has served me well.

I've also never owned a brand new car in my life. I suspect I might own an EV at some stage of my life. But I certainly wouldn't recycle my family's 2011 model Toyota RAV for one until:

a.) The RAV simply cannot go any further, and

b.) EV's are a lot further down the technology curve and the infrastructure exists to support them. I think there is a non-trivial chance that EV's end up not penetrating the market to a sufficient degree to enable amortisation of investment in the required infrastructure.

That's just economically rational me.

.

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Trump has just said he will end the "EV mandate on day one" if he is elected.
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