Electric vehicles could soon cost less than gas-powered vehicles

CBS News2021-05-17

If ever there was a time to want to be driving an electric car, it may have been last week — after theColonial Pipeline cyberattackforced the company to take some of its systems offline. Fuel ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Dawang
2021-05-17
Dawang
itS About Time! ⏳[笑哭]
MarcusLiong
2021-05-17
MarcusLiong
Saving the environment as well as in future, EV would replace the current fuel vehicles. Good investment for ev currently
NiuNiuNiu
2021-05-17
NiuNiuNiu
Great
Mooger
2021-05-17
Mooger
Great
Blueman13
2021-05-17
Blueman13
Good
Dhalsim Wee
2021-05-17
Dhalsim Wee
like and comment if you will one day want toown an electric vehicle!
- grrrr_nt:
  yes!

Leave a comment

107

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1188024187?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-17 08:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1188024187","market":"us","top_or_hot":-1,"title":"Electric vehicles could soon cost less than gas-powered vehicles","media":"CBS News","content":"<div>\n<p>If ever there was a time to want to be driving an electric car, it may have been last week — after theColonial Pipeline cyberattackforced the company to take some of its systems offline. Fuel ...</p>\n\n<a href=\"https://finance.yahoo.com/news/electric-vehicles-could-soon-cost-183259108.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Electric vehicles could soon cost less than gas-powered vehicles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElectric vehicles could soon cost less than gas-powered vehicles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 08:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/electric-vehicles-could-soon-cost-183259108.html><strong>CBS News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If ever there was a time to want to be driving an electric car, it may have been last week — after theColonial Pipeline cyberattackforced the company to take some of its systems offline. Fuel ...</p>\n\n<a href=\"https://finance.yahoo.com/news/electric-vehicles-could-soon-cost-183259108.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/electric-vehicles-could-soon-cost-183259108.html","article_id":"1188024187","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188024187","pubTimestamp":1621212359,"columns":[],"sourceInfo":{"source_id":"lsy1612507957220","name":"finance.yahoo"},"weMediaInfo":null,"summary":"If ever there was a time to want to be driving an electric car, it may have been last week — after t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"电动汽车的成本很快就会低于燃气汽车","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"If ever there was a time to want to be driving an electric car, it may have been last week — after theColonial Pipeline cyberattackforced the company to take some of its systems offline. Fuel shortages resulting from the attack caused panic in parts of the country, with residents lining up at the pump, causing gas prices to spike.\nLong lines, high gas prices and short tempers are frustrations that electric vehicle owners like Kathleen Biggins are glad they don't have to deal with.\n\"My son noted that 'Mom, we have your car. We don't need to be so worried,'\" she told CBS News meteorologist and climate specialist Jeff Berardelli.\nBiggins said she feels secure as she watched the gas shortage unfold across the country and watched the lines at gas stations get longer.\n\"I feel much more secure, that I have control, right, in my own home of powering up my car and that I am not at the vagaries of the oil and gas market,\" she said.\nFor the 99% who are not driving electric vehicles, the spike in fuel demand pushed prices up across the country. But with the average sticker price on an electric car $19,000 higher than a gas-powered vehicle, many do not see it as aviable option.\nBiggins, however, said the investment pays off long-term.\n\"In general, it's much cheaper to fuel your car to electricity than it is to gas,\" she said.\nAccording to aConsumer Reports analysisof EVs, fuel savings alone can be more than $4,700 over the first seven years of ownership. With only 20 moving parts in an electric car, maintenancesavingsover the lifetime of the vehicle can range from $6,000 to $10,000.\nDr. Jeffrey Sachs, an economist and sustainability expert, said some direct tax rebates or other subsidies could help with upfront costs.\nHe said the savings will really mount as the industry scales up, and he expects the total cost of EVs to fall below gas-powered vehicles in just two to three years.\n\"This cost decline that's been underway is going to continue and the fact of the matter is we're not going to have that much choice because all of the manufacturing companies are now looking at Tesla and say, 'Hey, we're going that way, too,\" he said.\nThe necessary shift was further highlighted this past week from a national security perspective. The kind of hack that happened to the Colonial Pipeline could also happen to an electrical grid.\n\"This isn't a physical hack of a pipeline; it's a digital hack. And so there really are concerns, no matter what kind of vehicles and what kind of energy system,\" Sachs said. \"But what I do think is true is that the national security of a renewable energy system, which is home-based, renewable energy, not dependent on the vagaries of international markets, Middle East wars, Middle East boycotts, and geopolitical crises — that's going to be a lot better in the future.\"\nThere's a policy promise on the horizon. The Biden administration pledged $15 billion to build 500,000 charging stations nationwide, and the number of EV models available in the U.S. is expected to triple in the next three years.\n\"Even if the costs were a disadvantage, we'd have to do it because of climate risks. Thank goodness it's going to be a great bargain anyway; I think it's pretty much a no-brainer.\"\nIn just the last 10 years, battery prices have dropped by as much as 90%. They're dropping so fast that analysts say the purchase price of EVs will fall below that of gas-powered vehicles in the next two to four years.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":195344069,"gmtCreate":1621259723151,"gmtModify":1704354788904,"author":{"id":"3579482809178950","authorId":"3579482809178950","name":"Dawang","avatar":"https://static.tigerbbs.com/d0f01f2346125f600328ffd48beb3a4c","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0,"idStr":"3579482809178950","authorIdStr":"3579482809178950"},"htmlText":"itS About Time! ⏳[笑哭]&nbsp;","listText":"itS About Time! ⏳[笑哭]&nbsp;","text":"itS About Time! ⏳[笑哭]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195344069","repostId":1188024187,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":192713267,"gmtCreate":1621229687759,"gmtModify":1704354298806,"author":{"id":"3582475319067106","authorId":"3582475319067106","name":"MarcusLiong","avatar":"https://static.tigerbbs.com/eeba4d6764b4f4171e912d25e2484fc8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582475319067106","authorIdStr":"3582475319067106"},"htmlText":"Saving the environment as well as in future, EV would replace the current fuel vehicles. Good investment for ev currently","listText":"Saving the environment as well as in future, EV would replace the current fuel vehicles. Good investment for ev currently","text":"Saving the environment as well as in future, EV would replace the current fuel vehicles. Good investment for ev currently","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192713267","repostId":1188024187,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":192799660,"gmtCreate":1621227921450,"gmtModify":1704354269961,"author":{"id":"3574498683107413","authorId":"3574498683107413","name":"NiuNiuNiu","avatar":"https://static.tigerbbs.com/afecf7552dea242143cc6313f9b425ee","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574498683107413","authorIdStr":"3574498683107413"},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192799660","repostId":1188024187,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":192552833,"gmtCreate":1621217831622,"gmtModify":1704354089464,"author":{"id":"3580539085997831","authorId":"3580539085997831","name":"Mooger","avatar":"https://static.tigerbbs.com/298023da4e52ab4970ce37e8dd576a4c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580539085997831","authorIdStr":"3580539085997831"},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192552833","repostId":1188024187,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":192552923,"gmtCreate":1621217820562,"gmtModify":1704354088473,"author":{"id":"3551240289585145","authorId":"3551240289585145","name":"Blueman13","avatar":"https://static.tigerbbs.com/23efe343c897f3547114a2af3018369c","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":9,"crmLevelSwitch":1,"idStr":"3551240289585145","authorIdStr":"3551240289585145"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192552923","repostId":1188024187,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":192523989,"gmtCreate":1621217027841,"gmtModify":1704354069336,"author":{"id":"3573082020282164","authorId":"3573082020282164","name":"Dhalsim Wee","avatar":"https://community-static.tradeup.com/news/13ec42346e39510aa6641f12e2a56638","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":6,"crmLevelSwitch":0,"idStr":"3573082020282164","authorIdStr":"3573082020282164"},"htmlText":"like and comment if you will one day want toown an electric vehicle!","listText":"like and comment if you will one day want toown an electric vehicle!","text":"like and comment if you will one day want toown an electric vehicle!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/192523989","repostId":1188024187,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4350939,"gmtCreate":1621218463793,"gmtModify":1680789209584,"authorId":3578111596572453,"author":{"id":3578111596572453,"idStr":"3578111596572453","authorId":3578111596572453,"name":"grrrr_nt","avatar":"https://static.tigerbbs.com/6a2c25086cfc9041f98ee91fb15859a4","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":192523989,"type":1,"supId":0,"prevId":0,"content":"yes!","text":"yes!","html":"yes!"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":107,"commentSize":40,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1188024187"}