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Re:Finally, no bid on mortgage-backed securities by ParksNet on Monday June 13, 2022 @10:26AM (#31726090)
The US is suffering from a lack of cheap EVs. The cheapest EV, Nissan Leaf, has a 5-month waiting list and is still $20,000 - and only after $7.5k in tax subsidies which expire this year.

Meanwhile, China has a lot of options starting at $5000.

We're currently seeing a Western industrial failure generally, to encourage cheap mass-market EVs. Some of our safety regulations (especially those which force automakers to add heavy or draggy components) should also be overhauled.

Re:Finally, no bid on mortgage-backed securities by favflam on Monday June 13, 2022 @12:16PM (#31727562)
Good points, but you still have the fundamental physics problem of hauling too much mass for too much distance for too little gain (1s kgs of groceries, etc).

The US needs to get as many people off the road as possible. Get them on to bicycles (e-bikes), walking, riding buses and trains.

I am looking at America's balance sheet and the only thing cars do is blow a whole in it. Cars cost too much relative to cash flow generated for families. Cars take up too much space in cities, killing cash flow generated from sales taxes and property taxes. The Return on Assets from a car is just too low, I believe the rate falls below the US gov/state govs cost of capital (hand wavy-speaking).

Re:Finally, no bid on mortgage-backed securities by sharno on Monday June 13, 2022 @11:25AM (#31726907)
The Dark Side of Electric Cars: https://www.youtube.com/watch?v=2_T5DgsO0jc