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Tag: EVs

Road Damage Fees and Profit

Been on a road lately and noticed how absolutely busted it was? Have you also noticed how vehicles today are far larger than in the past? These two things go together because vehicle weight is the main factor that determines road damage. State legislatures across the country are ignoring this simple fact and instead trying to blame EVs or even bicycles for our crumbling roads. The smarter/fairer way to fix our roads is by switching to a fee based on the actual road damage that vehicles cause. Replacing gas taxes and EV road fees with this would lead to a fairer and better system. Drivers who are currently freeloading off our system will pay more, but the rest of us will profit and the world will become greener. Read on to find out how it could all work.

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How the EV Transition Will Affect Car Prices

Cars are one of the major sources of pollution in the world and a huge drag on people’s wallets. Right now we’re at the start of a massive shift in car technology. If prices for batteries and EV motors continue their downward trends then new EVs will MSRPs similar to gas cars sometime between 2022 and 2024. This is really quite soon and as people start to understand that EVs have much lower maintenance and fuel costs than gas cars the transition may be quicker than many people are currently anticipating. How this will affect the prices of cars, both new and used is a very interesting question that has a direct impact on your financial life. Should you buy a used Tesla now? How about a hot new Dodge Hellcat or a “practical” Honda Civic? Read on to find out.

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