I’m not saying costs won’t come down, of course they will. I’m...

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anf0

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24/12/18

15:29

Post #: 36953395
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Originally posted by SteveSage ↑

Originally posted by anf0
In China it doesn’t matter so much due to their communist nature, but what do you think happens to the popularity of a sitting government in a democracy, when you begin to deny the citizens cheap means of transport?

Subsidies won’t work IMO. More importantly, they can’t run forever.
anf0
Agree that subsidies cannot last forever, but the rate of change in the cost of solar & wind power should be seen as an example of the change we are going to be seeing in owning an EV vs a fossil fuel car in the not too distant future. Every major manufacturer is pumping billions into a combination of developing EV cars or the batteries to power them.....the cost will come down significantly from where we are now.
The issue with MNS is that rather than focus on supplying this demand, they are frustratingly stepping into the battery manufacturing space (as an example, the money is not in the solar panels as we have seen many of those manufacturers go to the wall, but rather in the suppliers or users of those panels).

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I’m not saying costs won’t come down, of course they will. I’m saying they won’t come down enough within the next couple of decades to make owning/maintaining a regular car the more expensive option if oil remains in the $25-50 range.

MNS Price at posting: 26.0¢ Sentiment: None Disclosure: Not Held
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I’m not saying costs won’t come down, of course they will. I’m...

Top Stories

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