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New Analysis Shows Just How Bad Electric Trucks Are For Business and Consumers
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AlleyCat
2024-05-10 02:26:33 UTC
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New Analysis Shows Just How Bad Electric Trucks Are For Business

Converting America's medium- and heavy-duty trucks to electric vehicles (EV) in
accordance with goals from the Biden administration would add massive costs to
commercial trucking, according to a new analysis released Wednesday.

The cost to switch over to light-duty EVs like a transit van would equate to a
5% increase in costs per year while switching over medium- and heavy-duty
trucks would add up to 114% in costs per year to already struggling businesses,
according to a report from transportation and logistics company Ryder Systems.
The Biden administration, in an effort to facilitate a transition to EVs,
finalized new emission standards in March that would require a huge number of
heavy-duty vehicles to be electric or zero-emission by 2032 and has created a
plan to roll out charging infrastructure across the country. (RELATED: Budget
Airline Posts Huge Loss After Biden Admin Tanks Merger)

"There are specific applications where EV adoption makes sense today, but the
use cases are still limited," Karen Jones, executive vice president at Ryder,
said in an accompanying press release. "Yet we're facing regulations aimed at
accelerating broader EV adoption when the technology and infrastructure are
still developing. Until the gap in TCT for heavier-duty vehicles is narrowed or
closed, we cannot expect many companies to make the transition, and, if
required to convert in today's market, we face more supply chain disruptions,
transportation cost increases, and additional inflationary pressure."


Due to the increase in costs for businesses, the potential inflationary impact
on the entire economy per year is between 0.5% and 1%, according to the report.
Inflation is already elevated, measuring 3.5% year-over-year in March, far from
the Federal Reserve's 2% target.

Increased expense projections differ by state, with class 8 heavy-duty trucks
costing 94% more per year in California compared to traditional trucks, due
largely to a 501% increase in equipment costs, while cost savings on fuel only
amounted to 52%. In Georgia, costs would be 114% higher due to higher equipment
costs, labor costs, a smaller payload capacity and more.

The EPA also recently finalized rules mandating that 67% of all light-duty
vehicles sold after 2032 be electric or hybrid. Around $1 billion from the
Inflation Reduction Act has already been designated to be used by subnational
governments in the U.S. to replace some heavy-duty vehicles with EVs, like
delivery trucks or school buses.

The Biden administration has also had trouble expanding EV charging
infrastructure across the country, despite allotting $7.5 billion for chargers
in 2021. Current charging infrastructure frequently has issues operating
properly, adding to fears of "range anxiety," where EV owners worry they will
become stranded without a charger.

=====

May:

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Rare Snow Blankets Chile's Capital

Snowbird, Utah Surpasses 600 Inches

Alaska's Near-Record Snow Season Also Means "Big Fire Danger"

Australia Shivers

Spring Snow Continues To Build On Europe's Mountains As Winter's Cold Lingers

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Vostok's Coldest April Since 1999

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Heavy Spring Snow Traps 1,000 Vehicles In Northern India

Wild Swings In New Jersey

The Wind Didn't Blow As Hard In 2023
JTEM
2024-05-10 10:56:43 UTC
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Post by AlleyCat
New Analysis Shows Just How Bad Electric Trucks Are For Business
Converting America's medium- and heavy-duty trucks to electric vehicles (EV) in
accordance with goals from the Biden administration would add massive costs to
commercial trucking, according to a new analysis released Wednesday.
The cost to switch over to light-duty EVs like a transit van would equate to a
5% increase in costs per year while switching over medium- and heavy-duty
trucks would add up to 114% in costs per year to already struggling businesses,
according to a report from transportation and logistics company Ryder Systems.
This is "Fake news."

"EVs will cost more!"

Truth is, nowhere on the planet have electric trucks performed
the same work as a diesel or even natural gas powered truck.

They can't do it.

Tesla's semi is supposed to have a 500 mile range and Pepsi found
it best to keep them under 100 miles:

https://www.yahoo.com/tech/pepsico-reveals-truth-tesla-semitruck-113000730.html

They say they can push things up to 250 to 450 miles, but with
"MegaChargers" along the route.

These EVs are simply unable to do the job.

One MASSIVE problem with an EV truck is that EVs are at their
worst on the highway. They do better on the back roads. And if
you're going to run semis only on back roads, your efficiency
just dropped like a rock.

Imagine taking back roads from Long Island to, I dunno, someplace
like Framingham Massachusetts? Not that you could even make it
but, assuming you're willing to make charging stops, plural, you
added ridiculous time to the trip and if you're a big business
you're pissing off the local with your semi trucks chewing up
their roads!

Regular semis chew up the roads, imagine the extra weight of all
those batteries?

NOWHERE are EVs getting the job done. They are a piss poor fit.
--
https://jtem.tumblr.com/tagged/The%20Book%20of%20JTEM/page/5
Dave Merrick
2024-05-10 18:22:41 UTC
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Post by AlleyCat
New Analysis Shows Just How Bad Electric Trucks Are For Business
Bring back big gas guzzelers. Big oil doesn't want you to own an electric
car.
JTEM
2024-05-10 19:24:25 UTC
Permalink
Post by Dave Merrick
Post by AlleyCat
New Analysis Shows Just How Bad Electric Trucks Are For Business
Bring back big gas guzzelers. Big oil doesn't want you to own an electric
car.
I know I'm wasting my time but, are you retarded?

Elon Musk is paying himself $56 billion. Literally: $56
billion dollars from a company whose products are failing
and whose sales are tanking: $56 billion!

ExxonMobile's CEO paid himself $37 million: "Million"
with a "M". EV CEO, Elon Musk, says he's worth at least
$56 billion:

https://www.axios.com/2024/04/18/elon-musk-tesla-pay-package

You are so far divorced from reality that you would be unable
to glimpse it's zip code, even with a pair of binoculars.

You're just regurgitating claptrap... "Oil companies, bad!"
--
https://jtem.tumblr.com/tagged/The%20Book%20of%20JTEM/page/5
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