Hard Times for EVs

Like a lot of towns, the nearby town of Waynesville has mounting capital needs. They are considering a tax increase to cover them, but also asking for voluntary budget concessions
[Police] Chief David Adams said he’d be willing to give up some of his department’s equipment requests — Sutton said he wouldn’t allow the police department to go without new body armor — in exchange for a 3% COLA and so other departments could get some of their needs fulfilled. At the top of Adams’ cut list was the proposed electric vehicle. 
So, "We'll give up our new electric vehicle in return for a raise." 

Other departments were eager to give up their electric vehicles in return for nothing at all.
Elizabeth Teague said the same about a proposed electric vehicle for the planning department — it’s not completely necessary.

There's an understatement. 

Still, these two concessions alone will save close to three hundred thousand dollars. Not 'save Waynesville,' save Ford

Ford Motor Company reported a whopping $132,000 loss on each electric vehicle (EV) sold during the first three months of 2024, amassing a $1.3 billion loss.

 Coincidentally, it will also save Waynesville a smaller amount of money.

2 comments:

  1. I'd love to see someone lay out the actual costs of electric vehicles and who those costs land on ultimately. Mostly it's going to be lower middle, and middle class normies buying gas cars, you have to figure. Certainly government agencies shouldn't be participating in such a burden on regular folks, at least ideally.

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  2. A reference that may predate your involvement in popular culture. "But soon heavy industry will make it possible for all the people to have everything it desires in a free marketplace." "Oh, Daddy-o, you guys are so CRAZY!"

    We have nothing to fear. In the future, this will all be taken care of.

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