It appears very likely that their will be significant road 🚧 in Congress's and tge Administration's way to fulfill their goals. Very much a self sabotage if the rules are followed 100%, as you elaborate. The interesting thing is it will be Congress that actually will solve these issues. We are already seeing the walk back or modification in several regulations for light duty & medium to heavy duty vehicles, we see a push for faster connections to the grid, etc. See what happen recently with Cleveland Cliffs purchase of Untied Steel & transformer regulations. The issue than becomes that of time, will all the maneuvering be enough for the time frame they want. The answer is an unequivocally NO, so then why go thru this, when all they have to do it roll out the red carpet for CANDU reactors, unleash oil & gas drilling, and work on greater efficiency regulations.
I don’t own and do not aspire to own an EV. Whilst I’m a small survey, I do wonder whether peak EV is getting closer than most people think ? Those who want an Ev have probably already got one ?
The EV market (and growth forecasts) are definitely headed for some turbulence this year with rising interest rates and inflation. We try to always be careful to caveat any EV forecast with concerns over this disruption . But ultimately governments continue to drive EV targets with emissions legislation, eg the new EPA ruling we mention in the piece. This is historically strict and will continue to push EV adoption.
It appears very likely that their will be significant road 🚧 in Congress's and tge Administration's way to fulfill their goals. Very much a self sabotage if the rules are followed 100%, as you elaborate. The interesting thing is it will be Congress that actually will solve these issues. We are already seeing the walk back or modification in several regulations for light duty & medium to heavy duty vehicles, we see a push for faster connections to the grid, etc. See what happen recently with Cleveland Cliffs purchase of Untied Steel & transformer regulations. The issue than becomes that of time, will all the maneuvering be enough for the time frame they want. The answer is an unequivocally NO, so then why go thru this, when all they have to do it roll out the red carpet for CANDU reactors, unleash oil & gas drilling, and work on greater efficiency regulations.
We suspect the answer to whether that will happen will be resolved at the next election.
I don’t own and do not aspire to own an EV. Whilst I’m a small survey, I do wonder whether peak EV is getting closer than most people think ? Those who want an Ev have probably already got one ?
The EV market (and growth forecasts) are definitely headed for some turbulence this year with rising interest rates and inflation. We try to always be careful to caveat any EV forecast with concerns over this disruption . But ultimately governments continue to drive EV targets with emissions legislation, eg the new EPA ruling we mention in the piece. This is historically strict and will continue to push EV adoption.
Yeah, I was almost going to mention that it’s a creeping stealth mandate here in Oz.