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(The Center Square) The first federally-backed electric vehicle charging station recently came to fruition in Pennsylvania as the state gets moving on building out a comprehensive network. ....
Intention to ever buy ev vehicle. i would assume they need to be taxed for the electricity they re using to drive on same roads. the roads get beat up, you know, by vehicles on the road. so, why should they not have to pay for use of the roads? if all of those taxes and fees are not enough, new york city got approval from the federal government to launch first in nation congestion pricing program charging drivers as much as $23 just to drive into downtown area during peak hours they say will help with congestion and traffic. they also say, trace, better for the environment even though not been for wallet. trace: california highest gas tax, losing most money, scrambling to get ideas. grady, thank you. sandra: bring in our panel. chief economist and former ....
Make the evs that we are compelled by the government to purchase. pete: we are subsidizing this push for ev giving credits to other types of vehicles. it is taxpayer dollars supporting the ability for china to corner that market. we talk about this electric vehicle a little bit and have a graphic that shows the types of components, all electric vehicle, we talk about cobalt, that is the battery, the bottom four, the battery is no longer in the front, it is in the bottom. will: that is the car, everything going into it. you can see the portions of the vehicle made from aluminum, we talked about bauxite that comes from places like africa and dependence on copper when it comes to whether elements in the electric traction. the entire ev vehicle, there you have it, from the materials in africa to the power in china, what it means if you want to go green. ....
German luxury carmaker BMW AG reported Wednesday weak net profit in its fourth quarter, while pre-tax profit grew with higher revenues and deliveries. The company also lifted its dividend. ....