Author Topic: Joe Biden: ‘Lower the Price of Electric Vehicles’ to Fight High Gas Prices  (Read 746 times)

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Offline mystery-ak

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Joe Biden: ‘Lower the Price of Electric Vehicles’ to Fight High Gas Prices

Charlie Spiering 22 Jun 2022

President Joe Biden again argued that electric vehicles were a solution to high gas prices but did not offer any proposals to boost oil and gas production.

“We need to grow and harness more energy here at home,” Biden said. “Let’s lower the price of electric vehicles so we never have to pay at the pump in the first place.”

The average cost of an electric vehicle is currently over $60,000, according to reports, but Biden continues pushing them as a solution.

In March, Biden boasted that drivers of electric vehicles “will save about $80 a month from not having to pay gas at the pump.”

Biden bragged that domestic car companies were already working toward a goal of 50 percent of their future sales coming in the form of electric vehicles by 2030 and 100 percent by 2050.

The president did not discuss relaxing regulations for fuel production or supporting domestic infrastructure for pipelines or drilling.

He also urged the country to develop more battery technology, allowing people to store energy “when the sun doesn’t shine and the wind doesn’t blow.”

Biden also celebrated investing $100 billion of his infrastructure bill in public transit to help drivers stay off of the road and stop producing pollution.

But ultimately, Biden stressed that shifting the economy to alternative energy would remain a priority of his administration even as Americans are struggling with high gas prices.

“We can deal with this immediate crisis of high gas prices and still seize the clean energy future,” he said. “We’re Americans. We can do both.”

https://www.breitbart.com/politics/2022/06/22/joe-biden-lower-the-price-of-electric-vehicles-to-fight-high-gas-prices/
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Offline Kamaji

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Offline Killer Clouds

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Ok so you supposedly save $80 a month on fuel cost but have a $1000 a month car payment not including insurance. That's if you can find an EV for sale that's worth buying.

Offline IsailedawayfromFR

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Yeah, Joe.

Flip a switch and presto, EVs are affordable.

The problem is that there is no switch and they will never be affordable.
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Offline GtHawk

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How are you gonna lower those prices Joe? DEMAND that EV manufacturers sell them at a loss? Force taxpayers(a democrat favorite) to subsidize the wealthy buyers.....again? And what are you going to do about high electric rates do to you destruction of coal and fossil fuel production and generation? What about overloading the grid, are you going to demand that it function at a higher capacity than physically possible?

This SOB is just one Bunny Hop away from a full blown psychotic break from reality.

Offline Smokin Joe

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How are you gonna lower those prices Joe? DEMAND that EV manufacturers sell them at a loss? Force taxpayers(a democrat favorite) to subsidize the wealthy buyers.....again? And what are you going to do about high electric rates do to you destruction of coal and fossil fuel production and generation? What about overloading the grid, are you going to demand that it function at a higher capacity than physically possible?

This SOB is just one Bunny Hop away from a full blown psychotic break from reality.
Just like he is doing with retailers selling motor fuels, he thinks that businesses (like his government) can operate at a loss.

No, slow Joe, businesses have to at least break even, just like households, and your inflation is putting a lot of people in the red--in more ways than one.
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Offline Hoodat

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Yeah, Joe.

Flip a switch and presto, EVs are affordable.

This level of economic stupidity is bad enough.  But coming from the White House occupant is a low point in American history.
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Offline DB

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Never mind that we'd have to triple our electrical distribution infrastructure and power generation to replace all our petro powered cars and trucks...

California already has shortages of electricity.

The idiocy is beyond belief.

Offline cato potatoe

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Electric vehicles will be more prominent in the future, but the battery components make a quick transition impractical.  Certain people must table their fears about nuclear energy, or else, this exercise is pointless. 

Also, if he is referring to tax credits, he needs to jump in a lake.  Inflation is at a crisis point and he's oblivious to the cause.