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annoyed aussie
The Damage Report
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Comments by "annoyed aussie" (@annoyedaussie3942) on "The Damage Report" channel.
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There's fairly good evidence that oil prices aren't likely to increase above the rate of inflation as more and more people go to electric vehicles which are a game changer in many ways. Trump will take credit though for affecting the international oil price. To give one example 10% of new vehicles sold in Australia are full electric. As electric vehicles improve and become more trusted the trend is likely to accelerate.
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@mike-gv2olĀ The technology is fine, problems regarding widespread adoption is the infrastructure doesn't exist. If you live in an apartment or rented property then you won't have a charger. So that obviously slows down adoption especially in the case of apartments where retrofitting a carpark to have chargers can be more expensive than it's worth. Another thing slowing down adoption is people's perceptions and in the case of the US not being a very free market economy no competition with imports. In Australia a BYD Dolphin is $30,000 AUD or about $20,000 USD and it has a range of approximately 400km or about 250 miles. For almost everyone this is completely sufficient for daily use. If I lived in my own property or town house and I was going to buy a new car that's the one I would purchase. However I live in an apartment so even though I would want that car it becomes a little impractical because I would have to pay at public charging stations which would also use up my time.
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Elon laughs because he knows cutting $2 Trillion from the deficit is ridiculous especially if the corporate tax rate goes to 15%.
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