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Electric cars sales needed jolt instead very first shop.
The 30% tax break for home charges for these cards is expiring this Saturday.
Now since the gadgets plus installation can cost you more than 2000 dollars.
It's gonna cost -- hundred dollars more do you want these electric cars.
Brian wind from the electric drive transportation association is fighting to keep the tax break so Brian we do have Ford Toyota and Honda.
Possibly introducing new electric cars -- -- twelve.
Is -- what do you think we need the tax break.
That's exactly right we're in the midst of a very very successful roll out of this brand new version of electric drive technologies of course we already have thirty plus hybrids in the marketplace today.
And now we have new markets new cars coming in the market place here to mass produce cars that have just -- the marketplace the volt and the -- From GM and Nissan respectively.
And now we have about twenty cars coming by the end of 2012 so to actually take this credit away right now would would would slow things down wouldn't be the end of the world but it would slows down.
I hear to same bring innovative the problem is we have government backing government subsidies.
It becomes on more from the supply and demand forces in the market the -- tell carmakers what works and what doesn't are you worried about that that is still no not real clarity.
On which electric car is worth them taxpayer money.
Here's a little more about I'm word about the fact that consumers paid 448.
Billion dollars this year for gasoline.
Gasoline closed today at a hundred mean 134.
I'm worried about owned and by the way the -- -- 440 billion that was a hundred billion over last year.
Think of what that's doing to our.
Brian here's the -- I know I hear I hear you but the electric utilities.
I mean those bills are gonna go up right that means coal fire -- no -- -- it actually.
Well here's you know let me -- -- -- -- gonna get to the pricing of these cars for this focus really what the issue is is that you know -- the one person letters that the only ones are effectively can afford these cars.
So why not support you know tax breaks for the upper brackets who can help by who can buy these cars.
Well in point of fact first of let me go back to your electricity point because bear in mind that electricity is about a quarter of the cost.
Of gasoline at today's prices.
On per mile basis they haven't given up on the -- -- personal and create pollution and it.
Right that's and that.
But that's that coal is domestically produced so that's number one and it's only about 50% in the generation mix in the environmental industry -- proven.
That even today at that generation mix which of course gets cleaner over time.
You you're talking about a bit of being better deploy your car and it's clear to play your car and -- -- to use gasoline.
-- -- -- -- unemployment the other point did -- wanted to muscle cars that are we'll get to the point about -- -- plus for setters are being the only credit can afford these very expensive electric cars.
And don't forget that it's not just about cars but in terms of the cars we've got twenty models that are gonna.
Commented many many different price points.
Don't forget electric drive can be configured many different ways it's not just battery electric vehicles -- hybrids plug in hybrids.
Yet -- -- -- so many you're still talking wedeman is still talking 35000 plus another point to is no -- conditioning air conditioning can still drain.
Up to a third of more the power of the battery and a battery and we an electric car doesn't really work during a blizzard can freeze up on.
No no it won't and that and air condition does the same thing your gas mileage.
So that the bottom line here basically is we have to come back to what's the problem that we're trying to solve our right and the problem though we're trying to solve is that we need energy diversity we need fuel diversity in this kind and we -- card -- that was one of velocity work alright Brian when it was the best part about it can't really we have terrific read every -- we just ran out of time it's always good to be with you sir thank you so -- your time thank you -- thank --
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