GMC Hummer EV teaser video - 1,000 HP and 11,500 ft lbs

electruck

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I believe that market incentive is more effective than regulation, whether it is on the supply or the demand side. Provide an economic reason for manufacturers or consumers to behave in ways that will reach your goals.

Regulation leads to bureaucracy & unnecessary overhead/costs that do not help the market.
The problem there is Trump also wants to eliminate the incentives....
 

skyote

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The problem there is Trump also wants to eliminate the incentives....
Which would be a mistake. Probably capitulating to oil & gas interests.

The US should continue producing oil & gas (for export!), while working to lead the world in renewable & EV tech, and encouraging as much domestic adoption as possible.

We currently have an economic advantage over other countries, and we need to lead in tech in order to maintain it.
 

Pherdnut

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Plenty of manufacturers are on board with CA's goals. There will be no responsible standard from the administration that reneged on the Paris climate accords. As to the free market stuff I'm seeing, it's not magic. You either manage the profit motive to curb abuse when necessary or your kids are sticking lead toys in their mouths and the cost of healthcare skyrockets. Competition does nothing but screw the majority of us when you don't enforce responsible behavior.
 

davrow_R1T

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I believe that market incentive is more effective than regulation, whether it is on the supply or the demand side. Provide an economic reason for manufacturers or consumers to behave in ways that will reach your goals.

Regulation leads to bureaucracy & unnecessary overhead/costs that do not help the market.
I started driving about the time seatbelts became required. NO ONE wanted them. No one wanted to pay for them in the increased price of the car, They never would have happened without government regulations. I happen to approve of seatbelts.

Guess what? Airbags. Same thing.

I hate bureaucracy and regulations, but know what? In reality all the public wants is cheap. They would never pay for safety if it wasn't regulated.

edit: and I don't think the majority of 'the market' will buy EVs until it is proven (to them) they are the cheaper option. We here are still pioneers.
 

Nordic

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I started driving about the time seatbelts became required. NO ONE wanted them. No one wanted to pay for them in the increased price of the car, They never would have happened without government regulations. I happen to approve of seatbelts.

Guess what? Airbags. Same thing.

I hate bureaucracy and regulations, but know what? In reality all the public wants is cheap. They would never pay for safety if it wasn't regulated.

edit: and I don't think the majority of 'the market' will buy EVs until it is proven (to them) they are the cheaper option. We here are still pioneers.
Meh, I’m with skyote on this. Let the consumer set the market. Too much government as it is. Consumers and manufacturers progress just fine without government intervention. Smart phones, 8K TV aren’t really necessary but yet we consumers have those options. Consumers demanded smaller cars in the gas crises of the 70’s and the manufacturers responded.

Government regulation did however give us 56 million airbag recalls, tied manufacturers hands and probably stifled innovation of someone building a better mousetrap. There are significant consequences due to government regulations.
 

EVian

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I don’t think it’s black and white - you’ve got to have a little from Column A and a little from Column B. Yes governments are great at taking dumb ass solutions, but some regulation to enforce a certain standard is needed in some cases.
 

Pherdnut

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This notion that the market solves everything is anti-capitalist because it's inherently self-destructive and unsustainable. It's a notion perpetuated by people who are already at the top and who don't want to compete anymore. The evidence that it's a lousy idea is all around us. It's like we keep slapping ourselves in the face while the rest of mixed-economy civilized world looks at us like we're nuts, because we are.

It's real simple. To keep your job, you gotta keep your boss happy. That chain works its way all the way up to your investors who insist you not just turn a profit but that you increase your profit no matter how saturated your market is. So you find ways to cut costs. If that means dumping toxic waste in our rivers or taking shortcuts that make the product less safe, the only real question for your typical despicable human being who will always value keeping their job over other people's problems, is whether they can get away with it or whether they're likely to be at that job when the consequences of their actions are ultimately discovered and the unregulated paper trail is too muddled to pinpoint who exactly, is responsible.

The paid-for political and media voices that advocate for little to no regulation, hate capitalism. Because they hate having to compete and innovate. They just want to hold on to what they've got without having to lift a finger or be accountable to anybody. Without rules, there's no game. There's just abuse.
 
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