Incentives to Buy Electric Vehicles could run out

Incentives to Buy Electric Vehicles could run out

 The current incentives of between $5,000 and $8,500, depending on the price of the vehicle are driving the sales of EV’s.  What happens if these incentives come to and end. Will the consumer still be willing to buy these cars knowing that they will have to make up for this shortfall? We feel that without these incentives, sales would plunge and that is why they have remained in place since 2010. We are all for technology that helps cut down pollution but this amounts to direct government intervention and not competition. If  Ev’s are that great, then consumers will embrace them and demand will push prices lower.

Before we get to the article in question, we would like to provide you with a brief excerpt to another article that we think might be of interest to you;

Amid its biggest about-face in nine decades, a funny thing has happened in the U.S. stock market, where rather than loosen their grip bears have grown ever-more impassioned. They’ve sent short interest to an eight-year high and above $1 trillion, by one analyst’s math. Position reports from the Commodity Futures Trading Commission show mutual fund managers are more skeptical now than any time since at least 2010. Our view of an expert is an EX Spurt, in other words, a spurt that never was or never will be. These penguins are shorting the market to the tune of $1 trillion dollars. Sure this could trigger a correction, but they started to short so long ago, that at the height of the correction, they might if they are lucky hit breakeven. Do you think they will have the sense to bail out at that point? No way in hell will they opt for that path; they will be chagrined and start screaming from the top of their lungs that the end is nigh, and that is when the markets will bottom again and rally erasing any temporary gains they might have experienced forever. This is history for you. Understand that the masses cannot win, they never will win, no matter how hard they try, they are doomed to fail and doomed to be used as cannon fodder by the nefarious top shadowy players. one trillion short could push Dow past 18,000

This video illustrates that we could be embracing clean coal technology which would be easy to implement. It would be a nice balanced approach instead of simply rushing to embrace alternative energy.

Other Articles Of Interest

College Graduates drowning in debt refuse to give up luxuries (May 1)

China launches civilized tourist program (April 29)

Alibaba poised for Strong growth & continued success (April 28)

Innovations Key Growth driver for China’s new economy States Brookings (April 26)

China-Pakistan Economic Corridor moving forward (April 24)

Cooperation essential for Nuclear Security (April 23)

China takes pragmatic approach to Green Energy (April 22)