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2022-09-03 00:26:02 By : Mr. KK JUN

France Prepares $100 a Month EV Leasing Plan

"Macron promised a state-sponsored leasing program for low-income households to counter criticism that even with subsidies, EVs are still out of reach for many.

"Among low-cost EVs, the Dacia Spring is available for 120 euros a month in France..."

"...the average American motorist drives about 40 miles per day and 95 percent of our car trips are 30 miles or shorter.

Making the most of emerging technologies always starts with‌ understanding our needs and how best to meet them, not simply molding them into an image of the past."

"Electricity coming from public chargers and lampposts in the UK is taxed at 20 per cent, compared with 5 per cent for those using their homes to charge their EVs.

"In order to get around this and save money, some drivers have begun to share their home EV plugs."

"Buildings are the batteries that can provide enormous load flexibility to our energy system at little to no cost, and can soak up excess supply when renewables are abundant to store energy and provide EV charging."

"Of the 11 million barrels of oil per day that were produced domestically in 2021, over 8.5 million barrels per day were exported...The Inflation Reduction Act only counts the barrels burned at home...giving the fossil fuel industry a free pass..."

"Analysts say the industry faces several challenges in ending sales of gas-powered cars by 2035....Obtaining minerals from places with which we have trade agreements is going to be the biggest challenge... federal government is spending $7.5 billion to expand the country's charging infrastructure."

"...his novel design exhibited 39 percent greater torque and 31 percent greater efficiency at 300 revolutions per minute (RPM). At 750 RPM, it performed at 37 percent greater efficiency."

"The electricity sector is the easiest part of the economy for which to make a transition to renewable sources...some utilities used to say that even 10 percent renewable energy wasn't workable..."

Maybe a better term is "short-sighted" when we take mineral availability into account

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