Tuesday, March 6, 2012

Electric Cars Suck

It is indeed interesting to listen to the wind up greenie weenies talk about how their "investment" in electric cars spurs on greater research into new battery technology and new technology in general.

It is the non-sensical equivalent of saying "I bought a new TV today so that the TV buyer of tomorrow has a better picture".

Remember the good old days when you bought a real car and then after 5 years traded it in on a new one? You got a good resale value because someone else could drive your old one, and with minimal investment could keep it running for another 15 years?

Now remember the first computer you bought. Remember using it for three years then trading it in on a new one? You don't remember that? That is because it didn't happen. The technology advances were so substantial that your old computer was worthless after three years. Nobody wants old technology when the newer technology is better, faster and cheaper.

Just like electric cars.

Your $30,000 plus investment will be worthless in 5 years and have no trade in value. The batteries will have been destroyed and render the whole thing useless. Just like my $30 electric drill. Cheaper to throw it away than to get new batteries.

Electric vehicles won't sell because there is no secondary market for used ones. Electric vehicles don't sell because they are too expensive. Electric vehicles don't sell because today's battery technology doesn't allow you to get to work without running out of juice.

If you buy today, you waste your money so someone else can have better technology tomorrow.

Like the joke sign in the bar says: "Free Beer Tomorrow!"

Except for electric vehicles, tomorrow never comes.

No comments:

Post a Comment