POPULARITY
Learn more at TheCityLife.org --- Send in a voice message: https://podcasters.spotify.com/pod/show/citylifeorg/message Support this podcast: https://podcasters.spotify.com/pod/show/citylifeorg/support
Inside Scoop About Heat Pump HVAC Systems If you can answer these three basic questions, then don't bother listening to this podcast. The questions are tricky, so if you're the least bit uncertain I suggest you listen to this week's riveting Energy Show episode. How can a heat pump be 300% efficient? Are gas furnaces still the most popular new heating system? Can you get an $8,000 IRA rebate and $2,000 Federal Tax Credit for a heat pump installation in 2023? First, we'll delve into the way a heat pump HVAC system works. In a nutshell, a heat pump is an air conditioner operating in reverse. This heat pump thermodynamic trickery has been improving so much that heat pumps are now standard equipment on most new homes. They also work great in cold climates, unlike the systems I installed in the ‘80s. Retrofitting a home with a heat pump — which both heats and cools — provides homeowners a great deal of design flexibility. Heat pumps can use existing ductwork, can be installed “ductless" with mini-splits, or a hybrid that combines both. All without a single inch of sticky duct tape. When designed and installed properly, the end result will be an efficient, clean, comfortable and code-compliant heating and cooling system. And affordable. That's where the IRA comes in. Ahhh, the Inflation Reduction Act. Without a doubt the biggest federal incentive program for clean energy technologies. But complicated with a blizzard of regulations, requirements and not-quite-ready forms for us to fill out. Please tune into this week's Energy show for an answer to the top three Heat Pump HVAC questions, as well as plain English details about the benefits of heat pumps, how they work, and honest answers about available incentives.
Research from Sales Enablement PRO's State of Sales Enablement Report found that organizations that understand what content engages buyers are 38% less likely to struggle with sales velocity. So, how can you optimize the customer experience to improve buyer engagement through enablement? Shawnna Sumaoang: Hi and welcome to the Win Win Podcast. I'm your host, Shawnna Sumaoang. Join us as we dive into changing trends in the workplace and how to navigate them successfully. Here to discuss this topic is Denise Romero, director of learning and development at Hunter Douglas. Thanks for joining, Denise! I'd love for you to tell us about yourself, your background, and your role. Denise Romero: Thank you for having me. Like you said, my name is Denise Romero. I’m with Hunter Douglas. I’m the director of our learning and development department here. A little bit about myself, I have a degree in organizational development, so I kind of feel like I’m in the right space, which is rare for a lot of folks. How I got my start and my passion truly for what I do goes back in time. I originally set out to be a teacher actually, and I realized at some point that kids were not my cup of tea. I pivoted and I had really good role models. It always intrigued me how they were able to dumb down things and really make it simple for new hires and employees to come in and learn the role. As I progressed and became a leader in the organization, I really gravitated towards that space and how I can look at content, and how I can create an experience for employees. It’s not intimidating. I think we lose sight of that sometimes, especially when we’ve been in an organization for a long time. It’s really driven a lot of my passion through the years is trying to solve content and training and that knowledge and how you have that knowledge transfer. It fascinates me. That’s a little bit about my background here at Hunter Douglas. I’m responsible for a variety of different things, quite honestly, in North America. Internally, we talk about our internal sales team and our customer support team and L&D is responsible for integrating these folks into the business. I like to say that human resources onboards and it’s L&D’s job to integrate them, teach them how to swim, teach them how their role provides value to the greater organization, and then really set them up for success with a solid foundation and give them an opportunity to progress. As they’re an employee here, externally facing, we have an interesting model. We’re a B2B2C. We focus primarily on our dealers who are selling our product. When you think about that the challenge that we’ll probably dig into at some point is that they don’t have to take training for us. They don’t have to really do anything that we’re putting out into the world. We have to be really creative. That starts with our partnership with our sales team because they’re truly guiding our dealers to help them have a successful business and to really market and sell Hunter Douglas products. SS: I love that. I definitely want to dig in. I’d love to start at the beginning before implementing Highspot. What were some of the challenges facing your team that caused you to consider investing in an enablement platform? DR: That’s a great question. Our biggest challenge was the fact that we didn’t have anything. There was no Northstar, there was no true guidance. From my perspective, you had regions throughout North America doing things very differently. It’s almost as if they were operating as their own business unit and their own business. You wouldn’t see consistencies on how products were being talked about, and how content and resources were being shared. A lot of it was being homegrown and there was a lack of governance. What we were looking to solve was how we create a consistent repeatable process. It was really prescriptive. How can our sales team not have to be inefficient and think about all of these things that they would need to build? How can we build it for them and really develop a one-stop shop where they know they can go get this information and we start to cascade that across the entire region through North America? SS: I love that. Since implementation, how have you been able to solve some of the challenges that your team is facing? DR: We really looked at this with a big lens. We started to think about what’s most important to us. How do you create that foundation? That foundation really is our product. We wanted to ensure first and foremost that we had a very prescriptive play and pitches to ensure that there wasn’t confusion. We want our consumers to know that when they’re talking to a dealer they’re being given accurate information and it’s being given with confidence. That’s where we really started from there. We started to tackle, what are some of the initiatives. What are some of the pain points? We built that template out? We also really looked at the user experience within Highspot to ensure that it wasn’t complicated. How can we break the content down into categories that the salesperson can easily look at at a glance and see what they need? What do they need to say? What do they need to do? We then showed those simple things that will help them be successful when they’re talking to their dealer. SS: At the onset, you had mentioned Hunter Douglas has a unique sales cycle, which means that you also have unique ways of leveraging Highspot. Tell us more about this. How do you leverage Highspot to educate your external dealers to effectively sell your products? DR: It’s a unique relationship. As I said, we’re a B2B2C, so our sales team has to think about that from the lens of how they manage an account. How do they educate? How do they inform? How does that information get passed on to our dealers? In our instance, our sales team will take any content that we have developed and built within Highspot, and as I said, we’ve really created consistent templates, no matter what the content is. Whether it’s a pain point, whether it’s a company initiative, whether it’s product information, and we don’t stray from that. That really helps them absorb the information. First and foremost, we teach our district sales managers, DSMs, what they need to know about this thing. It’s really their self-guided learning, and then we start to layer onto that or what we would say, scaffolding. We want them to know, how you talk about this now with your dealer, and what you show them. What do you want them to do? What’s that action that you want them to take? Then they can basically think about it as performance management. Their job is to really identify for the dealer, where are the obstacles, or what the things that you need to do in order for your business to be successful. That gets transferred and cascaded, and there’s not a consistent recipe. I would say in that little bucket, because each dealer is different, and in our world, you can have a dealer that sells all window coverings, or you can have a dealer that sells window covering, paint, and other topics that are home furnishing goods. We really have to be creative in how that information gets cascaded to our dealer for success. SS: For our audience, what role do district sales managers play in enabling dealers through Highspot? And how do you tailor enablement programs to support your district sales managers? DR: That’s also a great question. I’ll go back to what I was saying, but think of it as a recipe. This is what we do when any cook is building or making a dish. There’s a foundation. You have your ingredients, you have your quantity of ingredients, and you have your instructions on how to put that all together. That’s what we’re providing. Where I think the nuance for us is that every dealer is different. We have to tailor some of that content based on their preferences. First and foremost, we do that, but another key element that we do, and we do this yearly, is we think about goal setting for our dealers. We really look at the uniqueness of the business. We create goals in a scorecard. We bring that into Highspot so they understand how to represent themselves to provide that coaching and guidance, and truly being a consultant to our dealer’s business. That's how we’re using Highspot in a different way, compared to more B2C versus the B2B channel that we sit in. SS: For our audience, how is enabling internal sales teams different from enabling external dealers? DR: I think for us, where we found success, we started small. We started with our products, which most people internally know, and that led to success for us because the sales team had trust in the platform from there, we really built off of that. Again, it’s that mindfulness. For us and that adoption success internally, it was about explaining to the sales team that we’ve now made their roles more efficient for them. You don’t have to start from scratch. We’ve taken the thinking out of it for you. You have all of this in one place, which is inclusive of resources, inclusive of guiding, and coaching. We’ve added video recordings so they can do role-playing or watch role-playing. We’ve added audio. They literally have examples. There are so many resources that we’ve been able to really wrap our arms around and put within Highspot the successes that we built the confidence and the trust in the tool. That’s why we continue to have the adoption that we see. SS: Now, across all of the teams that you support through enablement, one of your areas of passion is curating an excellent customer experience, which I can deeply relate to. How do you leverage Highspot to improve the customer experience? DR: Customer experience is important to me. Not only do I sit under the customer experience umbrella, I think just as a consumer, especially in this day and age, we can’t lose sight of how that experience can impact a business and what it really means to not only the end consumer but the business itself. We are very picky in the people we allow to play within Highspot in regards to content design and development. We don’t let more than three people in the tool itself. When we think about a project, we think about an initiative, there’s a sales training manager who takes control of basically herding the cats. Where we build a project plan, we build intent and a charter. I have a content leader who sits within this project plan and thinks about the content and all the necessary tools that need to go into Highspot and then I have a developer and that’s it. We don’t let a lot of people into this and it really creates a consistent experience internally, which is also super important for us externally. How it translates to our dealer and then ultimately the consumer, represents who we are as a brand. We are not skipping a beat in regard to our brand. We start internally and that obviously shows up on the end side of the consumer. We also have tight governance around it. We’re really looking at everything that’s getting put into there. That’s not only from the development standpoint, but it’s through auditing and maintaining. We have made Highspot part of our day-to-day world here. That’s really the secret that I think that we found for us to be successful. SS: I love that. You have seen a lot of success and have engaged customers through Highspot. You have an incredible 95% adoption of pitch capabilities. What are your best practices for leveraging pitching in Highspot to improve buyer engagement? DR: I would say the one word to define that is partnership. We don’t operate on an Island. As soon as there’s new information being added to the sales team, whether it’s from learning and development, or it’s an ask for us to support them, we build everything out and we sit down with the entire sales team and an all-hands on call. We’re meeting them where they are. There’s not a surprise. They understand why we’re doing it, what they need to do with it, and the action they need to take from it. That’s really helped us see our adoption rate skyrocket and ultimately our engagement externally. SS: Fantastic. In terms of metrics, what are you tracking to see the overall impact you’re having on the business through your enablement efforts? DR: We’re really looking at our engagement and our adoption. We look at time spent and we’re also, in the latter part of this year, tracking our region scorecards. Not only at the regional level but at the individuals within those regions. Primarily there, we’re looking at similarities and differences. Do we see consistency regarding key initiatives and time being spent internally to understand what the pitches and plays are and how is that being pushed externally? If there’s a difference, we can socialize that again through our all-hands meeting. We call attention to it. That has been interesting for us to watch because, at the beginning, our adoption rate was key. That was our KPI. We really wanted to build this and watch the adoption. We got there fairly easily. Now it’s trying to figure out what the markers are, and what’s really driving people to gravitate towards one thing or another. Lastly, while we’re not there yet, we really want to start to figure out the impact of sales, whether that’s dollars or units. The reason we haven’t gotten there yet is because of our own internal challenges with Salesforce integration. We believe in 2024 when we turn that on, we are going to have success where we can truly tie back the return on investment to some of these key initiatives from the company. Then, also, pain points that are identified that we can throw our efforts towards to help the sales team be more successful when they’re out speaking with our dealers. SS: I love that and you guys are definitely making your way up the maturity curve very quickly I have to say, so it’s impressive. Last question for you, Denise. What are some of the business results that you’ve seen so far with Highspot and do you have any wins you’d like to share with our audience? DR: We had a great win at the beginning of the year. We rolled out a project called the Federal Tax Credit. What this is, it gives our consumers an opportunity to get a rebate on certain qualifying products. We spent a lot of time not only internally within L&D thinking about the template and thinking about how our DSMs need to educate our dealers, but a partnership was also formed with our product management team. This is the ideal model, in our opinion, where we are the developers and the designers of the content hearing from a company initiative and then partnering in this instance with product management. Ideally, we want to duplicate that across the organization, but these three core functions came together, understood how a DSM has to talk to a dealer that would ultimately impact our consumers. If you think back to our original question, I have no responsibility to our consumers. I’m really only responsible for our dealers and we have seen a huge success. It’s our number one piece of content that is consumed to this day on a regular basis. We’re maintaining it and we’re ensuring that if we see a gap anywhere across the functions that I just identified, we reiterate, we guide, and we tweak the success on the other side for our consumers. We consider it a success. We also consider it the template that we need to keep using as we develop and continue to expand and grow within ourselves as we work on this particular type of enablement. Truly Highspot is the bow that’s helping us create that success. SS: I love hearing that, Denise. Thank you so much for joining us today and sharing with us the unique ways you’re leveraging Highspot at Hunter Douglas. I really appreciate the time. DR: Yeah, of course. Thank you for having me. SS: To our audience, thank you for listening to this episode of the Win Win Podcast. Be sure to tune in next time for more insights on how you can maximize enablement success with Highspot.
Ratings and test results on every car CR purchases and tests: https://www.consumerreports.org/cars/?EXTKEY=YSOCIAL_YT The 2023 Mercedes EQE 350 SUV is the EV complement to the GLE, competing with the Tesla Model X, BMW iX, and Cadillac Lyriq, and the SUV version of the EQE sedan also in Consumer Reports's test program. We discuss how this model, built in Tuscaloosa, Ala., compares to the ultra-luxury EQS SUV, the incredible amount of safety features available on this model, and why even the pared-down infotainment screen (compared to the MBUX Hyperscreen) might still be a deal-breaker. Confused on what mpge means, and how it compares to miles per gallon in a gas-powered car? A viewer sends us a quiz in search of answers. SHOW NOTES ----------------------------------- 00:00 - Introduction 00:34 - 2023 Mercedes-Benz EQE SUV first impressions 02:09 - Driving O4:43 - Controls 09:12 - The Price 10:32 - Technology 13:07 - Safety Features 20:19 - Which EQE we like most? 23:23 - Question: What is mpge? ---------------------------------- Preview: Tech-Filled 2023 Mercedes-Benz EQE SUV Charges Ahead https://www.consumerreports.org/cars/hybrids-evs/2023-mercedes-benz-eqe-review-a6441210907/?EXTKEY=YSOCIAL_YT Mercedes-Benz EQE SUV https://www.consumerreports.org/cars/mercedes-benz/eqe-suv/2023/overview/?EXTKEY=YSOCIAL_YT Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credit https://www.consumerreports.org/cars/hybrids-evs/electric-cars-plug-in-hybrids-that-qualify-for-tax-credits-a7820795671/?EXTKEY=YSOCIAL_YT Hot, New Electric Cars That Are Coming Soon https://www.consumerreports.org/cars/hybrids-evs/hot-new-electric-cars-are-coming-soon-a1000197429/?EXTKEY=YSOCIAL_YT ----------------------------------- Have a question for our experts? Leave a comment on this episode, or reach out to us directly! From your iOS device, iMessage us at TalkingCars@icloud.com to send a photo, video, or text directly to the Talking Cars team! We love to feature our viewers on the show, so submit video questions at https://www.consumerreports.org/cars-talking-cars/ Subscribe to Talking Cars on Spotify: https://open.spotify.com/show/4Jr8wJRJyN9v8T6LC1fQQ6 ----------------------------------- To find out how products scored in CR's rigorous lab tests—and to access our comprehensive ratings for items you use every day—become a member. CR is a mission-driven, independent, nonprofit organization. Join now at https://CR.org/joinviaYT Check out https://www.ConsumerReports.org for the latest reviews, tips, and recommendations and subscribe to our YouTube Channel: http://bit.ly/1Nlb1Ez Follow Us on Social: TikTok: https://bit.ly/3BVzGR9 Instagram: http://bit.ly/1I49Bzo Facebook: http://on.fb.me/1IQ2w5q Twitter: http://bit.ly/1Yf5Fh2 Pinterest: http://bit.ly/1P37mM9
Ratings and test results on every car CR purchases and tests: https://www.consumerreports.org/cars/?EXTKEY=YSOCIAL_YT The 2023 Mercedes EQE 350 SUV is the EV complement to the GLE, competing with the Tesla Model X, BMW iX, and Cadillac Lyriq, and the SUV version of the EQE sedan also in Consumer Reports's test program. We discuss how this model, built in Tuscaloosa, Ala., compares to the ultra-luxury EQS SUV, the incredible amount of safety features available on this model, and why even the pared-down infotainment screen (compared to the MBUX Hyperscreen) might still be a deal-breaker. Confused on what mpge means, and how it compares to miles per gallon in a gas-powered car? A viewer sends us a quiz in search of answers. SHOW NOTES ----------------------------------- 00:00 - Introduction 00:34 - 2023 Mercedes-Benz EQE SUV first impressions 02:09 - Driving O4:43 - Controls 09:12 - The Price 10:32 - Technology 13:07 - Safety Features 20:19 - Which EQE we like most? 23:23 - Question: What is mpge? ---------------------------------- Preview: Tech-Filled 2023 Mercedes-Benz EQE SUV Charges Ahead https://www.consumerreports.org/cars/hybrids-evs/2023-mercedes-benz-eqe-review-a6441210907/?EXTKEY=YSOCIAL_YT Mercedes-Benz EQE SUV https://www.consumerreports.org/cars/mercedes-benz/eqe-suv/2023/overview/?EXTKEY=YSOCIAL_YT Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credit https://www.consumerreports.org/cars/hybrids-evs/electric-cars-plug-in-hybrids-that-qualify-for-tax-credits-a7820795671/?EXTKEY=YSOCIAL_YT Hot, New Electric Cars That Are Coming Soon https://www.consumerreports.org/cars/hybrids-evs/hot-new-electric-cars-are-coming-soon-a1000197429/?EXTKEY=YSOCIAL_YT ----------------------------------- Have a question for our experts? Leave a comment on this episode, or reach out to us directly! From your iOS device, iMessage us at TalkingCars@icloud.com to send a photo, video, or text directly to the Talking Cars team! We love to feature our viewers on the show, so submit video questions at https://www.consumerreports.org/cars-talking-cars/ Subscribe to Talking Cars on Spotify: https://open.spotify.com/show/4Jr8wJRJyN9v8T6LC1fQQ6 ----------------------------------- To find out how products scored in CR's rigorous lab tests—and to access our comprehensive ratings for items you use every day—become a member. CR is a mission-driven, independent, nonprofit organization. Join now at https://CR.org/joinviaYT Check out https://www.ConsumerReports.org for the latest reviews, tips, and recommendations and subscribe to our YouTube Channel: http://bit.ly/1Nlb1Ez Follow Us on Social: TikTok: https://bit.ly/3BVzGR9 Instagram: http://bit.ly/1I49Bzo Facebook: http://on.fb.me/1IQ2w5q Twitter: http://bit.ly/1Yf5Fh2 Pinterest: http://bit.ly/1P37mM9
Ratings and test results on every car CR purchases and tests: https://www.consumerreports.org/cars/?EXTKEY=YSOCIAL_YT The 2023 Mercedes EQE 350 SUV is the EV complement to the GLE, competing with the Tesla Model X, BMW iX, and Cadillac Lyriq, and the SUV version of the EQE sedan also in Consumer Reports's test program. We discuss how this model, built in Tuscaloosa, Ala., compares to the ultra-luxury EQS SUV, the incredible amount of safety features available on this model, and why even the pared-down infotainment screen (compared to the MBUX Hyperscreen) might still be a deal-breaker. Confused on what mpge means, and how it compares to miles per gallon in a gas-powered car? A viewer sends us a quiz in search of answers. SHOW NOTES ----------------------------------- 00:00 - Introduction 00:34 - 2023 Mercedes-Benz EQE SUV first impressions 02:09 - Driving O4:43 - Controls 09:12 - The Price 10:32 - Technology 13:07 - Safety Features 20:19 - Which EQE we like most? 23:23 - Question: What is mpge? ---------------------------------- Preview: Tech-Filled 2023 Mercedes-Benz EQE SUV Charges Ahead https://www.consumerreports.org/cars/hybrids-evs/2023-mercedes-benz-eqe-review-a6441210907/?EXTKEY=YSOCIAL_YT Mercedes-Benz EQE SUV https://www.consumerreports.org/cars/mercedes-benz/eqe-suv/2023/overview/?EXTKEY=YSOCIAL_YT Electric Cars and Plug-In Hybrids That Qualify for Federal Tax Credit https://www.consumerreports.org/cars/hybrids-evs/electric-cars-plug-in-hybrids-that-qualify-for-tax-credits-a7820795671/?EXTKEY=YSOCIAL_YT Hot, New Electric Cars That Are Coming Soon https://www.consumerreports.org/cars/hybrids-evs/hot-new-electric-cars-are-coming-soon-a1000197429/?EXTKEY=YSOCIAL_YT ----------------------------------- Have a question for our experts? Leave a comment on this episode, or reach out to us directly! From your iOS device, iMessage us at TalkingCars@icloud.com to send a photo, video, or text directly to the Talking Cars team! We love to feature our viewers on the show, so submit video questions at https://www.consumerreports.org/cars-talking-cars/ Subscribe to Talking Cars on Spotify: https://open.spotify.com/show/4Jr8wJRJyN9v8T6LC1fQQ6 ----------------------------------- To find out how products scored in CR's rigorous lab tests—and to access our comprehensive ratings for items you use every day—become a member. CR is a mission-driven, independent, nonprofit organization. Join now at https://CR.org/joinviaYT Check out https://www.ConsumerReports.org for the latest reviews, tips, and recommendations and subscribe to our YouTube Channel: http://bit.ly/1Nlb1Ez Follow Us on Social: TikTok: https://bit.ly/3BVzGR9 Instagram: http://bit.ly/1I49Bzo Facebook: http://on.fb.me/1IQ2w5q Twitter: http://bit.ly/1Yf5Fh2 Pinterest: http://bit.ly/1P37mM9
Join Chris Kaminski & Hao Dang as they discuss a recent JD Power study that highlights investor satisfaction with their financial advisor (or lack thereof), how the Q1 market returns were led by 7 stocks, only 6 EVs qualify for the $7,500 Federal tax credit as of April 18th, and Apple launches a high-yield savings account.To learn more about us or stay in the loop, visit www.consiliowealth.comwww.consiliowealth.com/disclosures Submit a question at team@consiliowealth.com
Former Indiana Congressman Luke Messer joins Students Over Systems to explore federal opportunities to support education freedom. As a state legislator and school choice leader, Congressman Messer significantly expanded Indiana’s school choice options. He co-founded the Congressional School Choice Caucus while serving in Congress and proposed legislation that would devolve power and funding to parents. […]
GUEST: Luca Bucci, CEO of the Ontario Home Builders Association
The Inflation Reduction Act is a new law designed to hasten the United States' energy transition (and do nothing about inflation). In the last episode before the midterm election, learn about the energy path the Democratic Party has plotted for us and learn how this new law can possibly save you tens of thousands of dollars. Please Support Congressional Dish – Quick Links Contribute monthly or a lump sum via PayPal Support Congressional Dish via Patreon (donations per episode) Send Zelle payments to: Donation@congressionaldish.com Send Venmo payments to: @Jennifer-Briney Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com Use your bank's online bill pay function to mail contributions to: 5753 Hwy 85 North, Number 4576, Crestview, FL 32536. Please make checks payable to Congressional Dish Thank you for supporting truly independent media! View the show notes on our website at https://congressionaldish.com/cd261-inflation-reduction-act Jen Podcast Appearances EP 63 Honest Government Analyst Jennifer Briney talks Privilege, White House & Hotels. The Living Numbers Podcast with Tony Rambles. Disaster - Jennifer Briney. A Word with Tom Merritt. Background Sources Recommended Congressional Dish Episodes CD259: CHIPS: A State Subsidization of Industry CD250: Congress Saves the Postal Service CD246: BIF: Appalachian Chemical Storage CD240: BIF The Infrastructure BILL CD218: Minerals are the New Oil CD205: Nuclear Waste Storage CD146: Repeal & Replace CD048: The Affordable Care Act (Obamacare) Tax Credits and Refunds Home Energy Efficiency Tax Credits “Tax Credits for Energy Efficient Home Improvements.” eFile. Rocky Mengle. Sept 16, 2022. “Save More on Green Home Improvements Under the Inflation Reduction Act.” Kiplinger. “Federal Income Tax Credits and Other Incentives for Energy Efficiency.” Updated Aug 18, 2022. Energy Star. Electric Appliance Rebates “Quick Facts: United States.” U.S. Census Bureau. Electric Car Tax Credit 26 U.S. Code § 30D - Clean vehicle credit. Cornell Law School Legal Information Institute. Alternative Fuels Data Center. “Electric Vehicles with Final Assembly in North America.” U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy. Kelley R. Taylor. Oct 18, 2022. “EV Tax Credits Are Changing: What's Ahead.” Kiplinger. Greg Iacurci. Oct 15, 2022. “The 'bummer' of the $7,500 electric vehicle tax credit: Its full value may be hard to get.” CNBC. John Bozzella. Aug 5, 2022. “What If No EVs Qualify for the EV Tax Credit? It Could Happen.” Alliance for Automotive Innovation. John Bogna. Jun 22, 2022. “Hydrogen-Powered Cars: Fuel Cell Electric Vehicles Explained.” PCMag. U.S. Geological Survey. “Mineral Commodity Summaries 2021.” U.S. Department of the Interior. “OFAC Sanctioned Countries.” Princeton University Research & Project Administration. Alternative Fuel vehicle refueling property credit Kelley R. Taylor. Sept 14, 2022. “The Federal Tax Credit for Electric Vehicle Chargers is Back.” Kiplinger. 26 U.S. Code § 30C - Alternative fuel vehicle refueling property credit. Cornell Law School Legal Information Institute. Hydrogen Catherine Clifford. Sep 8, 2022. “The clean hydrogen energy economy was a dream. The climate bill could make it a reality this decade.” CNBC. Emma Ochu et al. Jun 17, 2021. “Hydrogen Fact Sheet: Production of Low-Carbon Hydrogen.” Columbia University School of International and Public Affairs, Center on Global Energy Policy. “Lisa Murkowski.” Open Secrets. Jay Bartlett and Alan Krupnick. December 2020. “Decarbonized Hydrogen in the US Power and Industrial Sectors: Identifying and Incentivizing Opportunities to Lower Emissions.” Resources for the Future. 24/7 Wall St. Feb 16, 2020. “How Many Gas Stations Are In U.S.? How Many Will There Be In 10 Years?” Market Watch. Health Care “The Inflation Reduction Act Lowers Health Care Costs for Millions of Americans.” Oct 5, 2022. Centers for Medicare & Medicaid Services. “Inflation Reduction Act: CMS Implementation Timeline.” 2022. Centers for Medicare & Medicaid Services. Carbon Capture Angela C. Jones and Ashley J. Lawson. Oct 5, 2022. “Carbon Capture and Sequestration (CCS) in the United States.” Congressional Research Service. Emily Pontecorvo. Aug 22, 2022. “Will the Inflation Reduction Act jumpstart carbon capture?” Grist. “Global Status of CCS 2021.” 2021. Global CCS Institute. “Carbon capture and storage could also impact air pollution.” Nov 17, 2011. European Environment Agency. Offshore Wind Leases Abby Husselbee and Hannah Oakes. Aug 25, 2022. “The IRA Offshore Energy Leasing Provisions' Potential Impacts.” Harvard University Environmental & Energy Law Program. “Memorandum on the Withdrawal of Certain Areas of the United States Outer Continental Shelf from Leasing Disposition.” Sept 8, 2020. The White House. Fossil Fuels David Jordan. Oct 6, 2022. “Interior moves forward with oil and gas drill site leasing.” Roll Call. “Inflation Reduction Act Fossil Fuel Provisions.” Aug 18, 2022. Enersection. 30 U.S. Code § 226 - Lease of oil and gas lands. Cornell Law School Legal Information Institute. The Associated Press. Apr 16, 2022. “Biden increases oil royalty rate and scales back lease sales on federal lands.” NPR. Taxes Kelley R. Taylor. Oct 10, 2022. “The Inflation Reduction Act and Taxes: What You Should Know.” Kiplinger. “Inflation Reduction Act includes 15% corporate minimum tax on book income.” August 16, 2022. EY. Jacob Bogage. Aug 12, 2022. “The new Wall Street tax key to Democrats' Inflation Reduction Act.” The Washington Post. Peter Warren. Aug 11, 2022. “‘Inflation Reduction Act' Holds the SALT.” Empire Center. “Lobbying: Intuit Inc.” Open Secrets. “CBO Cost Estimate: H.R. 1 - the Tax Cuts and Jobs Act.” November 13, 2017. Congressional Budget Office. The Law H.R.5376 - Inflation Reduction Act of 2022 “Summary: Estimated Budgetary Effects of H.R. 5376, the Inflation Reduction Act of 2022.” Revised August 5, 2022. Congressional Budget Office. Audio Sources Full Committee Hearing On Opportunities and Challenges in Deploying Innovative Battery and Non-Battery Technologies for Energy Storage September 22, 2022 Senate Committee on Energy and Natural Resources Witnesses: Tim Hemstreet, Managing Director for Renewable Energy Development, PacifiCorp Spencer Nelson, Managing Director, Research and New Initiatives, ClearPath Ted Wiley, President and Chief Operating Officer, Form Energy 19:19 Sen. Joe Manchin (D-WV): When it comes to storage, there has rightly been a focus on the supply chain, particularly for lithium ion batteries that power electric vehicles and phones in our pockets and many other modern technologies. While we have benefited from the use of this important battery chemistry, the fact that China is responsible for 75% of global lithium ion battery production, including 60% of the world's cathode production and 80% of the world's anode production, should give everyone pause. That is why I was proud to champion Inflation Reduction Act which incentivized the onshoring of the entire battery supply chain, from the production and processing of raw materials, to the battery pack assembly and everything in between. Full Committee Hearing On Domestic Critical Mineral Supply Chains March 31, 2022 Senate Committee on Energy and Natural Resources Witnesses: Dr. Steve Fortier, Director, USGS National Minerals Information Center, U.S. Department of the Interior Scott Melbye, President, Uranium Producers of America Julie Padilla, Chief Regulatory Officer, Twin Metals Minnesota Abigail Wulf, Vice President, Critical Minerals Strategy and Director of the Center for Critical Minerals Strategy, Securing America's Future Energy Dr. Paul Ziemkiewicz, Director, West Virginia Water Research Institute, West Virginia University 24:14 Sen. Joe Manchin (D-WV): It makes no sense to remain beholden to bad actors when we have abundant resources in manufacturing know-how here in the United States. And make no mistake, we are beholden, particularly when it comes to many of the minerals that go into clean energy technologies. That is why I've sounded the alarm about going down the path of EVs alone and advocated for equal treatment for hydrogen 45:08 Abigail Wulf: As things stand, without some significant course corrections on America's critical minerals enterprise, the leading automobile power won't be the United States. It will be China. Not because of superior design or technology, but because of their massive head start and established market power, if not utter dominance, in all aspects of the supply chain that powers these [electric] vehicles. But simply mining alone does not begin to address the fundamentals of America's mineral supply chain challenge. Where we are most lacking and where China is most dominant is in that crucial but largely hidden processing phase and midstream component production. We simply can't dig up a rock and stick it in a Tesla. You have to crush it, smelt it, and refine it into precursor material that has been sold to somebody else to turn it into battery guts, namely cathodes, anodes and electrolytes. Today, the United States has less than 4% of all minerals processing capacity and makes 0% of the world's cathodes and anodes. By contrast, China is the world's largest processor of copper, nickel, cobalt, lithium and rare earth elements, and they control 60% of anode production and 40% of global cathode production. Consider that in 2019, about 70% of the world's cobalt supply was mined in the Democratic Republic of Congo, but more than 70% of that cobalt was refined in or controlled by China. Full Committee Hearing On Clean Hydrogen February 2, 2022 Senate Committee on Energy and Natural Resources Witnesses Dr. Sunita Satyapal, Director, Hydrogen and Fuel Cell Technologies Office, Hydrogen Program Coordinator, U.S. Department of Energy Dr. Glen Richard Murrell, Executive Director, Wyoming Energy Authority Jonathan Lewis, Senior Counsel and Director of Transportation Decarbonization, Clean Air Task Force Michael J. Graff, Chairman & Chief Executive Officer, American Air Liquide Holdings, Inc. Brian Hlavinka, Vice President, New Energy Ventures, Corporate Strategic Development, Williams 21:07 Sen. Joe Manchin (D-WV): However, we have some challenges to tackle in order to build a clean hydrogen economy. Producing hydrogen without emissions is two to six times the cost of current production methods. Also, retrofitting end-use applications to use hydrogen as a feedstock, from chemical plants to cars and trucks, will take huge investments from both public and private sectors. This is the demand that we need to develop hydrogen markets that can sustain themselves. The other big challenge is the safe and efficient transport and storage of large volumes of hydrogen, given its physical properties. There's a lot of promising work being done in this space and will allow us to leverage our vast natural gas pipeline network to transport hydrogen to market. 22:00 Sen. Joe Manchin (D-WV): That is why I made research, development, and demonstration of these technologies a central part of the Energy Infrastructure Act, which this committee reported with bipartisan support last year, and which was subsequently included in the recently enacted Bipartisan Infrastructure Law. In that bill, we fund $9.5 billion in research, development and demonstration of clean hydrogen, and we tasked the Department of Energy to develop a national strategy and a roadmap to get us to a clean hydrogen economy. 27:25 Sen. James Lankford (R-OK): I'm concerned that the conversation around green versus blue hydrogen will pit technologies against each other rather than working together to establish a robust hydrogen marketplace. The simple truth right now is that 95% of hydrogen produced in the United States is made from natural gas. 1:42:00 Sen. Lisa Murkowski (R-AK): Can you share what the administration's policy is with regards to converting natural gas to hydrogen? We recognize that there are some within the [Biden] administration, certainly some groups that may have influence on the administration, who are very firm about not using fuel sources like natural gas. So the question is, is there a role for conversion to play? And what might we anticipate with regards to support and funding that might come with it? Dr. Sunita Satyapal: Thank you again for the question. And as mentioned, with hydrogen shot, we're really looking at all of the pathways. It's really about clean hydrogen. So whether it's natural gas, carbon feedstocks, nuclear renewables, you know, any pathway to get to the low carbon intensity, we're really pivoting away from the colors. There's a lot of complexity: green, blue, purple, turquoise….Pyrolysis is another approach. In fact, our loan program office just announced financing of $1 billion solid carbon, which is another value added product, no need for the CCS portion. So definitely an all-of-the-above strategy needed to meet all of our goals. Full Committee Hearing to Examine Development and Deployment of Large-Scale Carbon Dioxide Management Technologies July 28, 2020 Senate Committee on Energy and Natural Resources Witnesses: Steven Winberg, (Former) Assistant Secretary for Fossil Energy at the US Department of Energy Shannon Angielski, Executive Director of the Carbon Utilization Research Council Dr. Julio Friedmann, Center on Global Energy Policy, Columbia University 25:06 Dr. Julio Friedmann: Net zero means that any residual emissions must be balanced by removal, as Secretary Moniz said. It means that reduction of co2 emissions and removal of co2 emissions are complementary but distinct actions and that both are necessary. The National Academies and the IPCC find that this must be done at enormous scale exceeding the size of the global oil and gas industry today. We are not where we need to be to make this real. 48:35 Shannon Angielski: In addition, the International Energy Agency modelled the contributions of different technologies to meet that mid-century 2 degree scenario. And it shows that CCUS accounts for approximately 100 Giga tons of needed global co2 emissions reductions by 2060. To put this into perspective, this would be achieved by the operation of 1100 carbon capture systems on the equivalent of 500 megawatt coal fired units, or 3200 natural gas combined cycle units, which would need to be operating for the next 30 years. 1:59:00 Steven Winberg: The rest of the world is going to continue using fossil energy, whether it's coal or oil or natural gas. And that's why we have moved forward quickly on the coal first program, because it offers the opportunity for what I think of as 21st century coal. Right now the Chinese own the space in power generation — coal fired power generation. We have an opportunity to take technology and springboard over what the Chinese are building, which is basically 1970s vintage technology that we built, and they now have improved slightly, but they're selling it around the world, to countries that have coal under their feet, and they're going to continue using that coal. But with the coal first program, we can move into power generation, and we can move into hydrogen production, because these countries also, as they build out their transport sector, may not do it the same way that developed countries, they may move more swiftly into hydrogen. And so there's an opportunity there to take our technology using their natural resources that are under their feet, and produce zero emitting power generation and zero emitting hydrogen and perhaps even net negative hydrogen and net negative electricity and they can use that hydrogen in the transportation sector as well as the industrial sector. Cover Art Design by Only Child Imaginations Music Presented in This Episode Intro & Exit: Tired of Being Lied To by David Ippolito (found on Music Alley by mevio)
Are you a real estate professional? Then, how do you avoid an IRS audit? Toby Mathis and Jeff Webb of Anderson Advisors answer your tax questions. Submit your tax question to taxtuesday@andersonadvisors. Highlights/Topics: Do you pay tax on discrimination judgment? If so, how much percentage? What qualifies as non-taxable income? Usually, pain and suffering is non-taxable and then compensatory judgments where they're paying you for lost wages is always taxable because your wages would have been taxable. Are solar credits available for the installation of solar panels and equipment on an RV or travel trailer? What if the RV or travel trailer is used to live in for a substantial part of the year? You can put solar panels on your main home and second home. Your RV could qualify to be your second home as long as it has a bathroom, kitchen, and sleeping area. We plan to claim qualified real estate professional status for my unemployed wife this year. We have been maintaining records, and she has been using a separate phone and email to track all her real estate efforts. We live in New Jersey, and if we get audited for this, what will the IRS likely ask for and how many years back? Forget about the phone and its deductibility and the email. Instead, keep good logs of her time spent to meet the various tests for real estate professional status. You may be asked about any contemporaneous records and numbers. If you are a real estate professional and you're accelerating depreciation, you'll need your cost seg report and records of your purchase and improvements. It is unlikely that you will be audited. For all questions/answers discussed, sign up to be a Platinum member to view the replay! Go to iTunes to leave a review of the Tax Tuesday podcast. Resources: Homeowner's Guide to the Federal Tax Credit for Solar https://www.energy.gov/eere/solar/homeowners-guide-federal-tax-credit-solar-photovoltaics 26 U.S. Code § 45L - New energy efficient home credit https://www.law.cornell.edu/uscode/text/26/45L Inflation Reduction Act of 2022 https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/15/by-the-numbers-the-inflation-reduction-act/ Real Estate Professional Status https://www.aicpa.org/resources/article/tax-rules-for-real-estate-professionals 121 Exclusion https://www.irs.gov/taxtopics/tc701 Opportunity Zones https://www.irs.gov/credits-deductions/opportunity-zones-frequently-asked-questions Anderson Business Advisors https://andersonadvisors.com/ Anderson Business Advisors on YouTube http://aba.link/YouTube Anderson Business Advisors on Facebook https://www.facebook.com/AndersonBusinessAdvisors/ Anderson Business Advisors Podcast https://andersonadvisors.com/podcast/
In this week's podcast we discuss the recent turnaround by Congressman Joe Manchin where it looks like an agreement has been reached to allow the federal tax credit to be increased to 30% back to January 1st, 2022 and for the next 10 years. Great progress and more to go! About Jamie Duran & Solar Harmonics Brought to you by Solar Harmonics in Northern California, who invite their customers to “Own Their Energy” by purchasing a solar panel system for their home, business, or farm. You can check out the website for the top solar energy equipment installer, Solar Harmonics, here. In each episode we discuss questions facing people making the decision to go solar. The solutions to your questions are given to you – straight – by one of the leading experts in the solar industry, Jamie Duran, president of Solar Harmonics. Feel free to search our library for answers to questions that you're facing when considering solar. About Adam Duran & Magnified Media Solarcast is produced and co-hosted by Adam Duran, director of Magnified Media. With offices in downtown San Francisco & Walnut Creek, California, Magnified Media is an internet marketing agency focused on digital marketing, local and national SEO, website design and lead generation for companies of all sizes. Magnified Media helps company leaders master their marketing by: • getting their website seen at the top of Google rankings, and • getting them more online reviews, • creating media content that engages with each client's target audience. In his spare time, Adam enjoys volunteering on the board of several community-based non-profits and his own weekly podcast Local SEO in 10.
Show #1455 Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It's Wednesday 4th May, it's Martyn Lee here and I go through every EV story so you don't have to. VW'S 2022 SUPPLY OF EVS IS ‘BASICALLY SOLD OUT' IN THE US AND EUROPE - Volkswagen's CEO, Herbert Diess, says that the company is “basically sold out on electric vehicles in Europe and in the United States” for the year, according to a report from the Financial Times. This means that anyone hoping to get an EV from VW, Audi, or any of the group's other brands may have to wait until 2023, as the company tries to navigate the chip shortage and production issues from COVID shutdowns in China. - According to the report, VW expects its backlog of orders to keep growing. It currently has plenty of people on the list waiting to get an EV and expects to add more throughout the year. - According to the Financial Times, VW sold just under 100,000 electric cars in Q1 2022. Tesla, according to its latest earnings, sold around 310,000 in the same time period. - When Diess spoke to The Verge earlier this year, he said that the company is trying to grow its presence in America. In his Decoder interview, he said that he expected the company's growth in the States to “mostly come from EVs,” though he did admit the company would likely see supply constraints throughout 2022. Original Source : https://www.theverge.com/2022/5/4/23057268/volkswagen-vw-electric-cars-sold-out-supply-chain VOLKSWAGEN SOLD ~99K EVS OUT OF 1.9M IN Q1 - Volkswagen recently released its January-March 2022 interim report, reporting 1.9 million vehicle sales and deliveries in the first quarter. VW's all-electric vehicle sales and deliveries made up 5.2% of total deliveries, amounting to 99,064 EVs. - Volkswagen is specifically interested in growing in the United States with plans to build a dedicated battery cell production factory in the country. The German automaker announced a $1.7 billion commitment to boosting its BEV product lineup, R&D, and manufacturing in North America. - The legacy automaker aims to achieve 10% market share in North America by 2030 as it bolsters expansion in global growth markets. Battery-electric vehicles are central to its goals. VW plans to have more than 25 electric vehicles in its BEV portfolio by the end of the decade. Original Source : https://www.teslarati.com/volkswagen-electric-vehicle-sales-q1-2022/ CARIAD SELECTS QUALCOMM'S SNAPDRAGON RIDE PLATFORM - Volkswagen Group's software unit CARIAD announced on Tuesday that it has selected Qualcomm Technologies to supply system-on-chips (SoCs) for its vehicle software platform designed to deliver up to SAE level-4 autonomous driving capabilities. - Volkswagen believes that a vehicle's software and hardware must be perfectly matched in order to achieve the best possible performance and efficiency of central computer systems in the long term. - Qualcomm's Snapdragon Ride platform was first announced at CES in Jan 2020. Since its unveiling, it has gained momentum with global automakers and Tier 1 suppliers worldwide for its robust capabilities. It's also being adopted by BMW. - In March, Volkswagen announced the addition of anonymous "swarm data" from other Volkswagen vehicles to help its advanced driver assist systems make better decisions over time, such as performing automatic lane changes. The addition of swarm data marks the next step towards vehicle systems that support fully-automated driving, according to Volkswagen. - Among its features, it can automatically keep the vehicle in the center of the lane, but can also adapt to an individual's driving style, including driving further to the left or right of the lane instead of exactly in the middle. Original Source : https://www.futurecar.com/5381/Volkswagens-Software-Unit-CARIAD-Selects-Qualcomms-Snapdragon-Ride-Platform-to-Enable-Autonomous-Driving-Functions-in-Future-Vehicles FORD MOTOR APRIL U.S. VEHICLE SALES DOWN 10.5%; ELECTRIC VEHICLE SALES UP 139% - Ford Motor Company (F) posted total U.S. vehicle sales of 176,965 units for the month of April, a decline of 10.5% from a year ago. Retail sales were down 12.3%, for the month. Trucks sales were down 17.8% to 79,768. SUVs were up 2.7% to 92,809. Sales of Ford electric vehicles increased 139 percent over last year on the strength of Mustang Mach-E and E-Transit sales. Original Source : https://www.nasdaq.com/articles/ford-motor-april-u.s.-vehicle-sales-down-10.5-electric-vehicle-sales-up-139 MUSTANG MACH-E GETS BOOST - Ford's Mustang Mach-E receives a boost in braked towing capacity to 1,000 kg for extended range models in both rear wheel drive and all-wheel drive - The Mustang Mach-E also received updates to reduce the charging time between 80-90 per cent capacity from 52 minutes to 15 minutes, a recalibration of the one-pedal driving feature for even smoother performance at lower speeds and enhancements to driver comfort. - Now on sale in Europe for over one year, the Mustang Mach-E continues to win fans. Around 88 per cent of customers to-date have moved from other car brands to Ford to experience the fun-to-drive characteristics, bold styling and driving range of the vehicle. Existing owners can also benefit from many of the recent upgrades through software or homologation updates, with future over-the-air updates planned to keep the Mustang Mach-E continuously improving. Original Source : https://media.ford.com/content/fordmedia/feu/en/news/2022/05/03/mustang-mach-e-gets-towing-capacity-boost-as-fords-all-electric-.html 2023 POLESTAR 2 PRICING INCREASES, UPDATED EPA RANGE ANNOUNCED - Polestar has announced the US pricing of the 2023 Polestar 2, along with other updates that go with the new model year. As far as the numbers go, there's an increase – though it's important to note that the company has also given the fastback EV substantial updates, including an increase in vehicle range. - The 2023 Polestar 2 Single Motor now starts at $48,400 – a $1,200 increase from before. The Dual Motor variant now starts at $51,900. Both prices are before the applicable $1,400 destination charge and Federal Tax Credit valued at $7,500. - Polestar 2 Dual Motor gets a bump, with a preliminary estimated 260-mile US EPA range. This increase is thanks to software improvements, implementing an 11-mile increase from the 2022 model year. The 2023 Polestar 2 Single Motor model is still rated at 270 miles by EPA. - The US-spec Polestar 2 will have an upgraded heat pump designed for better cold-weather performance, new design options across the interior and exterior of the car, and a more advanced air quality sensor. - There's a new performance software upgrade for the Performance Pack for the 2023 model year. The upgrade adds 68 horsepower and 15 lb-ft of torque to the car. The Performance Pack is only available for the dual-motor variant, but will also be available to purchase as a separate software upgrade for both existing and future dual-motor cars, with and without the Performance Pack. Original Source : https://www.motor1.com/news/583855/2023-polestar-2-pricing-range/ 2022 BMW I4 M50 CALLED AN ELECTRIC M3 RIVAL BY DOUG DEMURO Original Source : https://insideevs.com/news/583836/2022-bmw-i4-m50-called-electric-m3-rival-doug-demuro/ OSPREY TO EXPAND UK NETWORK WITH DC CHARGERS FROM TRITIUM Original Source : https://www.electrive.com/2022/05/03/osprey-to-expand-uk-network-with-dc-chargers-from-tritium/ AUCKLAND HARBOUR GOES ELECTRIC Original Source : https://www.electricvehiclesresearch.com/articles/26578/auckland-harbour-goes-electric OFFSHORE CONSTRUCTION BEGINS ON DOGGER BANK OFFSHORE WIND FARM Original Source : https://www.windtech-international.com/projects-and-contracts/offshore-construction-begins-on-dogger-bank-offshore-wind-farm QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM Returns on Monday 9th May! If you have a suggestions, let me know. Email me any feedback to: hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/ OCTOPUS ELECTRIC JUICE - MAKING PUBLIC CHARGING SIMPLE WITH ONE CARD, ONE MAP AND ONE APP MILLBROOKCOTTAGES.CO.UK – 5* LUXURY COTTAGES IN DEVON, JUMP IN THE HOT TUB WHILST YOUR EV CHARGES
The enhanced Child Tax Credit(CTC) was signed into law by President Joe Biden as part of the American Rescue Plan. While temporary to start, if successful, it may well be remembered as the most important part of that legislation. Some social scientists are comparing its potential impacts for children and middle and lower income families … Continue reading EP 482 New Federal Tax Credit May Be a Game Changer in Reducing Child Poverty
Show #1186. If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Saturday 21st August. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. FIRST FORD MUSTANG MACH-E GT DELIVERIES BEGIN EARLY - Ford Mustang Mach-e GT deliveries are happening. A Rapid Red GT Performance customer showed off his two-week early score in Iowa today. Are more on the way? - According to the macheforums poster 0t60-3.5, the Rapid Red model arrived last night to Cedar Rapids, Iowa, two weeks earlier than expected. He picked it up at the dealer last night, just in time to take a few snaps and charge it up. - Ford priced track-ready Mach-E GT at $60K, GT Performance at $65K, an aggressive price for its high end Mustangs that are still eligible for the current $7500 Federal Tax Credit in the US and various state and local incentives. The GT looks similar to the slower Mach-E, with the biggest difference being the plastic carbon fiber faux grill and pony show up front, - The Mach-E GT Performance Edition hits a 0-60 time of 3.5 seconds Original Source : https://electrek.co/2021/08/20/first-ford-mustang-mach-e-gt-deliveries/ XIAOMI TO BUILD ITS ELECTRIC CAR FROM THE GROUND UP - Earlier this year, in the month of March, Xiaomi officially announced the commencement of its smart electric vehicle business. It was also confirmed that the new division will be led by the company's founder and CEO Lei Jun. - Now, the latest report coming from Science Innovation Board Daily claims that Xiaomi will be building its own car from scratch, and details about the same will be officially revealed by the Chinese company next week. - A well-known tipster Digital Chat Station has also revealed that the company has been in contact with a world-renowned auto parts and emission technology supplier and is also working on a design plan. - the company has talked with several carmakers but has not made any decision regarding any partnership for its electric vehicles business. - Xiaomi aims to offer high-quality smart electric vehicles to allow users globally to enjoy ubiquitous smart life, says Lei Jun. For this new wholly-owned subsidiary to work on the electric vehicles and related business, the company plans to invest around 10 billion yuan (~$1.5 billion) over a period of 10 years. Original Source : https://www.gizmochina.com/2021/08/20/xiaomi-building-electric-car-from-scratch NEW KIA EV4 ON COURSE TO GROW ELECTRIC SUV RANGE - Kia will follow its first bespoke electric car, the EV6 crossover, with two ‘EV' SUV models, Auto Express has learned. According to European product boss Sjoerd Knipping, the Korean brand's second “EVx” car will be a large SUV targeting the US. But more importantly for us, it will be followed by a model developed for the European market – Knipping spoke of “balancing” the US and other territories. - e large SUV could be branded EV7 or EV8, and it will offer seven-seat capability similar to that of Hyundai's Ioniq 7 SUV confirmed for launch in 2024. It will be followed by a crossover potentially called EV4, sized as a rival for the Volvo C40 and Mercedes EQA. Original Source : https://www.autoexpress.co.uk/kia/355802/new-kia-ev4-course-grow-electric-suv-range ELECTRIC VEHICLES FEATURE IN 2022 WORLD CAR AWARDS CONTENDERS - the World Car Awards launched its 2022 program and published the list of eligible vehicles for the upcoming contest. When the winners are announced at next year's New York International Auto Show, there will be a new category just for battery-electric vehicles. - BEVs will be eligible to win the overall 2022 World Car of the Year award; the rules just require that a car be produced in volumes of at least 10,000 a year. The vehicle must also "be priced below the luxury-car level in their primary markets" and must be available in two major markets (China, Europe, India, Japan, Korea, Latin America, and the USA) in at least two continents, between January 1, 2021, and March 30, 2022. - Several BEVs are in contention for the top award, including the Audi Q4 e-tron and Q4 e-tron Sportback, BMW i4, Hyundai Ioniq 5, and Kia EV6. - Jaguar's I-Pace won overall in 2019, and the Volkswagen ID.4 won overall in 2021; if the Porsche Taycan Turbo had been eligible in 2020, it would probably also have romped home to victory but for the fact that it was too expensive to qualify. ( Original Source : https://arstechnica.com/cars/2021/08/the-world-car-awards-adds-an-electric-vehicle-category-for-2022 ELECTRIC VEHICLE BATTERY STARTUP AMPLE RAISES $160 MILLION - Ample, a San Francisco-based developer of swappable electric vehicle (EV) batteries, has raised $160 million in a new funding round, the company said on Thursday.The company has developed a battery for EVs and an automated process for quickly swapping out depleted batteries for newly charged packs - The Series C round brings to $230 million the total raised by the seven-year-old startup - Unlike the Chinese carmakers, Ample aims to make its batteries and swapping process more widely available to different brands. - Automated battery swap "could solve a big problem" for energy companies and commercial operators that are moving their fleets to electric power and cannot afford downtime for extended charging Original Source : https://www.reuters.com/business/autos-transportation/electric-vehicle-battery-startup-ample-raises-160-million-2021-08-19 *AD* FISKER JOINS FORCES WITH ABBIE EATON - Fisker today announced it is joining forces with renowned racing driver, Abbie Eaton. One of 18 drivers competing in the 2021 W Series Championship, Abbie will work closely with Fisker's engineering and product development team, focusing on chassis and vehicle dynamics on the Fisker Ocean SUV program and other vehicles to follow. - Abbie brings her experience as a test driver for The Grand Tour show to Fisker, along with her credentials as a race driver, certified instructor and precision driver. She'll join other women at Fisker in high-visibility senior roles, perfecting the Fisker Ocean SUV and eventually three more vehicles for the diverse and ever-expanding global electric vehicle market. Original Source : https://www.businesswire.com/news/home/20210820005344/en/Fisker-Joins-Forces-With-Abbie-Eaton-Developing-Next-Generation-Electric-Vehicle-Performance-Dynamics FORD TEASES ITS EV CRATE POWERTRAIN SOLUTION AHEAD OF SEMA - For fans of vintage American iron, the looming transition to electric motivation might strike fear into your heart: your nostalgia express might be rendered inoperable. Well, there's some good news for those that are interested in modifying your classic: EV crate conversions. While this technology is still in its relative infancy, it does seem to be gaining some traction. Ford is teasing an electric crate powertrain solution that is slated for a debut at the upcoming SEMA show. - Chevrolet introduced a similar system back in 2018. That system has since evolved into the eCrate system, which Chevrolet said would be hitting the market sometime this year. Original Source : https://www.autoweek.com/news/industry-news/a37359411/dont-scrap-your-classics-electric-crate-motors-are-coming FORD PLANS TO OFFER DIY EV-MAKERS ITS KEY ELECTRIC TECH - Tesla and Nissan seem to be some of the most common donor drivetrains for EV conversions, in no small part because of their general availability. Ford Performance, though, is getting in on the action. Rather than having to source the electrification system independently, you'll be able to buy an Eluminator motor off the shelf. - Full details will be shared at SEMA 2021, the annual car mods show. What we do know, however, is that the Eluminator is targeted at restomods and project cars, and that it will be impressively compact. Only 570 mm – or shorter than 23 inches – in length, in fact. Original Source : https://www.slashgear.com/ford-plans-to-offer-diy-ev-makers-its-key-electric-tech-thats-a-big-deal-21687937 BLUETTI REVEALS MODULAR HOME BATTERY BACKUP - Bluetti, manufacturer of battery backup systems large and small, has announced its modular home battery backup design. With the Tesla Powerwall only available to solar rooftop customers (and pending orders), many are dipping their toes into vehicle or home backup systems like Bluetti. Bluetti announced its flagship AC300 modular backup system, the B300 modular battery, the Fusion Box Pro for connecting staggering power, as well as the upgraded AC200 MAX all-in-one unit. - Fully packaged system power 6 kW, 24.6 kWh - Solar input (Basic unit) 2400W Original Source : https://www.fr24news.com/a/2021/08/bluetti-reveals-modular-home-battery-backup-and-more.html HOW TO DOUBLE ELECTRIC VEHICLE CHARGE POINTS OVERNIGHT? EV CHARGE POINT SHARING - There are currently around 39,000 public electric vehicle charge points available in the UK and over 400,000 home chargers. By sharing even a fraction of them via Community Charging, electric vehicle uptake can be transformed. - Community Charging is the utilization of community resources including chargers, space and infrastructure to allow members of that community to run electric vehicles. - So all that's needed to double the available public chargers without a single hole being dug or a cable laid is for just 10% of the 400,000 home charger owners to decide to share their charger – making 40,000 chargers available straight away. Original Source : https://mitechnews.com/auto-tech/how-to-double-electric-vehicle-charge-points-overnight-ev-charge-point-sharing/ QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM It's back next week after a short break! Email me your thoughts and I'll read them out on Sunday – hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/
Solar panels have become increasingly popular. Are they a worth investment? In this episode, Luis talks about the things that you should consider before acquiring a solar electric system for your home, in order to help you make an informed decision. Luis is the founder of Build a Better Financial Future LLC. He came to the U.S. at age 11 from the Dominican Republic. Growing up in New York City Luis noticed the lack of financial literacy in his community and was inspired by his parents to work hard and pursue an education. From participating as an FPA NexGen ambassador/host, and being a CFP Board Ambassador, Luis uses his platform to help spread financial literacy via media outreach as well as encourage younger and diverse planners to join and thrive in the profession. He is the host of the “On My Way to Wealth” podcast, co-founder of the BlatinX (BLX) Internship Program and LatinXcellence – an initiative that seeks to bring awareness to and help close the wealth gap in the LatinX community. Luis was named one of InvestmentNews 40 Under 40 in 2019 and Financial Advisor Magazine's 10 Young Advisors to Watch, as well as Investopedia Top 100 Financial Advisors in 2020 and 2021. Notes: In this episode, Luis talks about the following and more: Buying the solar system outright vs. financing it. Leases and Solar Purchase Power Agreements (PPAs). Solar tax credits. Key contract terms and questions to ask. Resources: Schedule Your Complimentary Consultation with Luis! Download the 3 Fundamental “Money Moves” to Make Before Turning 45 LatinXcellence, more than a brand, it's a movement! Luis' LinkedIn Luis' Twitter Luis' Instagram On My Way To Wealth YouTube Channel Homeowner's Guide to the Federal Tax Credit for Solar Photovoltaics Residential Energy Credits IRS Form 5695
This week, Stu talks to Bob Hook III, the owner of Louisville's Bob Hook Chevrolet. Bob talks about the origins of this dealership in his family, how he dealt with owning his dealership during the Covid-19 pandemic, his thoughts and feelings about the future of electric vehicles and how that will affect his business, and much more! ** Episode clarification -- Please note that the Chevy Bolt EV is not currently eligible for the Federal Tax Credit for new all-electric vehicles. ** Support us on Patreon at: www.patreon.com/StusEVU Learn more about Evolve KY at: www.evolveky.org Topics: Tesla, Chevy Bolt, Bolt EUV, Bob Hook, Chevrolet, car dealerships during coronavirus, the future of electric cars, electric vehicles
Have you checked into solar panels for your house? If not, are you curious to hear what they cost, what’s involved and what they do for your energy bill? Ashley and her husband Luke are chatting about what they’ve learned when it comes to adding solar because it’s something they are seriously considering adding to their house. Helpful links to check out: Project Sunroof by Google Powerwall by Tesla Federal Tax Credit for Solar You can find us on our blogs or connect with each of us on Instagram: @suzannahstanley @biggerthanthethreeofus @yourhomestorypodcast And you can join our Facebook group here to connect with other listeners and ask questions!
With all the lack of tax knowledge going around and politicians being pushed by their parties, get your tax questions answered by Toby Mathis and Jeff Webb of Anderson Advisors. Submit your tax question to taxtuesday@andersonadvisors. Highlights/Topics: When you have a PLLC, what do you put on a personal or business credit card? If you have a business credit card that’s great, but a lot of the credit card companies are not willing to issue credit cards to new small businesses; use a personal credit card and make sure to separate personal and business expenses How do you claim the solar credit on your personal residence? Use Form 5695 Should I file a return with my kids as dependents or should they file their own return if they are paid from the family business? If they are dependents and not supporting themselves, they are still dependents on your return; however, the children can file their own return as well and claim the standard deduction up to the amount of their earned income plus $300 I have a rental property in California. When I go there to work on it, can I use per diem plus mileage rather than actual receipts for housing and meals? Depends if you are self-employed or you have the rentals owned personally, you cannot use the per diem for housing but can use it for meals I haven’t done taxes for 2020 and I’d like to know how to write-off bills for my emotional support animal. Can that be done with business taxes? Maybe, depends on the IRS’ primarily for and but for tests For all questions/answers discussed, sign up to be a Platinum member to view the replay! Go to iTunes to leave a review of the Tax Tuesday podcast. Resources: Infinity Investing: How The Rich Get Richer And How You Can Do The Same by Toby Mathis http://aba.link/infinitybook Anderson Advisors Tax and Asset Protection Workshop (April 24) https://andersonadvisors.com/real-estate-asset-protection-workshop-training/ Charitable Organizations https://www.irs.gov/charities-non-profits/charitable-organizations Capital Gains and Losses https://www.irs.gov/newsroom/capital-gains-and-losses-10-helpful-facts-to-know-0 Homeowner’s Guide to the Federal Tax Credit for Solar Photovoltaics https://www.energy.gov/sites/prod/files/2020/01/f70/Guide to Federal Tax Credit for Residential Solar PV.pdf Form 5695 - Residential Energy Credits https://www.irs.gov/forms-pubs/about-form-5695 Entity Formation https://andersonadvisors.com/entity_formation/ Retirement Plans https://andersonadvisors.com/retirement_plan/ Real Estate Professional Requirements https://www.irs.gov/pub/irs-utl/33-Real Estate Professionals.pdf MileIQ https://www.mileiq.com/ Self-Employment Tax https://www.irs.gov/businesses/small-businesses-self-employed/self-employment-tax-social-security-and-medicare-taxes Home Office Deduction https://www.irs.gov/businesses/small-businesses-self-employed/home-office-deduction Old-Age, Survivors, and Disability Insurance (OASDI) Program https://www.ssa.gov/policy/docs/progdesc/sspus/oasdi.pdf Bonus Depreciation https://www.irs.gov/newsroom/new-rules-and-limitations-for-depreciation-and-expensing-under-the-tax-cuts-and-jobs-act Cost Segregation https://andersonadvisors.com/using-cost-segregation-residential-real-estate/ Depreciation Recapture https://www.investopedia.com/terms/d/depreciationrecapture.asp Section 162 - Trade or Business Expenses https://www.irs.gov/pub/irs-drop/rr-99-7.pdf Step-Up in Basis https://www.investopedia.com/terms/s/stepupinbasis.asp#:~:text=A%20step%2Dup%20in%20basis%20is%20the%20readjustment%20of%20the,for%20tax%20purposes%20upon%20inheritance.&text=The%20asset%20receives%20a%20step,of%20property%20transferred%20at%20death. 26 U.S. Code Section 168K https://www.law.cornell.edu/uscode/text/26/168 Kiddie Tax https://www.irs.gov/taxtopics/tc553 Americans with Disabilities Act (ADA) https://www.ada.gov/ HIPAA https://www.hhs.gov/hipaa/index.html Small Businesses Affected by Border Closures https://andersonadvisors.com/podcast/small-businesses-affected-by-border-closures/ Toby Mathis http://tobymathis.com/about-toby-mathis/ Anderson Advisors https://andersonadvisors.com/ Anderson Advisors Events https://andersonadvisors.com/all-events/ Events@andersonadvisors.com Anderson Advisors Tax and Asset Protection Workshop https://andersonadvisors.com/asset-protection/ Anderson Advisors Tax-Wise Workshop https://andersonadvisors.com/tax-wise-workshop-for-businesses-investors/ Anderson Advisors Infinity Investing Workshop https://andersonadvisors.com/investing-workshop-passive-income-generating-machine/ Anderson Advisors on YouTube https://www.youtube.com/channel/UCX5nh607M8hSBLiMB9MgbIQ Anderson Advisors on Facebook https://www.facebook.com/AndersonBusinessAdvisors/ Anderson Advisors Podcast https://andersonadvisors.com/podcast/
Are you lucky to be alive and taking care of your taxes? Toby Mathis and Jeff Webb of Anderson Advisors answer your tax questions. Submit your tax question to taxtuesday@andersonadvisors. Highlights/Topics: If a non-profit (NP) organization opened a trading account and got options income less than $50,000, does the NP file an income tax return (besides a 990-N)? If you have gross receipts less than $50,000, you only need to file a 990-N (e-Postcard) Are losses from gambling deductible? If you have gambling losses, they are deductible on Schedule A as long as you have gambling winnings on tax return I have a rental property that is owned by my self-directed IRA. Does it need to be in an entity or is it safe in the IRA? Individual owner of an IRA is always personally reliable for the acts of the IRA, so put in an LLC or self-directed IRA How do you claim the solar credit on your personal residence? Use Form 5695 - Residential Energy Credits; put in how much you paid for solar and multiply times percentage credit (26%) Doing a cost segregation on a condo that was purchased out of my inherited trust to pay off other beneficiaries. Can I take bonus depreciation? Yes, and you can write-it off twice if you inherit it Can I include my roof replacement for the solar tax credit? You can write-off roof if for dual usage; roof replacement is not part of the solar installation and labor How is the in-home office deduction being treated since most of us have been working from home? Still a red flag for realtors? If you are an employee, there is no home-office deduction; the home office is only for sole proprietors and if you’re being taxed on Schedule C and receive a 1099, then you can deduct reasonable expenses For all questions/answers discussed, sign up to be a Platinum member to view the replay! Go to iTunes to leave a review of the Tax Tuesday podcast. Resources: Anderson Advisors Tax and Asset Protection Workshop (Free 1-day virtual event on March 27) http://aba.link/MarchTAP Infinity Investing: How The Rich Get Richer And How You Can Do The Same by Toby Mathis http://aba.link/infinitybook IRS - Coronavirus (COVID) Tax Relief https://www.irs.gov/coronavirus-tax-relief-and-economic-impact-payments Bonus Depreciation https://www.irs.gov/newsroom/new-rules-and-limitations-for-depreciation-and-expensing-under-the-tax-cuts-and-jobs-act Depreciation Recapture https://www.investopedia.com/terms/d/depreciationrecapture.asp Charitable Organizations https://www.irs.gov/charities-non-profits/charitable-organizations 990-N https://www.irs.gov/charities-non-profits/annual-electronic-filing-requirement-for-small-exempt-organizations-form-990-n-e-postcard 26 U.S. Code Section 168K https://www.law.cornell.edu/uscode/text/26/168 Section 179 https://www.section179.org/ Retirement Plans https://andersonadvisors.com/retirement_plan/ Self-Directed IRA (SDIRA) https://www.investopedia.com/terms/s/self-directed-ira.asp Entity Formation https://andersonadvisors.com/entity_formation/ Cost Segregation https://andersonadvisors.com/using-cost-segregation-residential-real-estate/ Wills and Trusts https://andersonadvisors.com/living_trusts/ Homeowner’s Guide to the Federal Tax Credit for Solar Photovoltaics https://www.energy.gov/sites/prod/files/2020/01/f70/Guide to Federal Tax Credit for Residential Solar PV.pdf Real Estate Professional Requirements https://www.irs.gov/pub/irs-utl/33-Real Estate Professionals.pdf Home Office Deduction https://www.irs.gov/businesses/small-businesses-self-employed/home-office-deduction Section 1245 https://www.investopedia.com/terms/s/section1245.asp Section 1250 https://www.investopedia.com/terms/u/unrecaptured-1250-gain.asp Capital Gains and Losses https://www.irs.gov/newsroom/capital-gains-and-losses-10-helpful-facts-to-know-0 Step-Up in Basis https://www.investopedia.com/terms/s/stepupinbasis.asp#:~:text=A%20step%2Dup%20in%20basis%20is%20the%20readjustment%20of%20the,for%20tax%20purposes%20upon%20inheritance.&text=The%20asset%20receives%20a%20step,of%20property%20transferred%20at%20death. Schedule A https://www.irs.gov/forms-pubs/about-schedule-a-form-1040 Schedule C https://www.irs.gov/forms-pubs/about-schedule-c-form-1040 Schedule K-1 Form 1065 https://www.irs.gov/forms-pubs/about-schedule-k-1-form-1065 CARES Act https://home.treasury.gov/policy-issues/cares 72t - Substantially Equal Periodic Payments https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-substantially-equal-periodic-payments Setting Every Community Up for Retirement Enhancement (SECURE) Act https://www.investopedia.com/secure-act-4688468 TurboTax https://turbotax.intuit.com/ Form 5695 - Residential Energy Credits https://www.irs.gov/forms-pubs/about-form-5695 Section 48 - Business Assets https://www.law.cornell.edu/uscode/text/26/48 Form 8829 https://www.irs.gov/forms-pubs/about-form-8829 Toby Mathis http://tobymathis.com/about-toby-mathis/ Anderson Advisors https://andersonadvisors.com/ Anderson Advisors Events https://andersonadvisors.com/all-events/ Events@andersonadvisors.com Anderson Advisors Tax and Asset Protection Workshop https://andersonadvisors.com/asset-protection/ Anderson Advisors Tax-Wise Workshop https://andersonadvisors.com/tax-wise-workshop-for-businesses-investors/ Anderson Advisors Infinity Investing Workshop https://andersonadvisors.com/investing-workshop-passive-income-generating-machine/ Anderson Advisors on YouTube https://www.youtube.com/channel/UCX5nh607M8hSBLiMB9MgbIQ Anderson Advisors on Facebook https://www.facebook.com/AndersonBusinessAdvisors/ Anderson Advisors Podcast https://andersonadvisors.com/podcast/
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including more Tesla Roadster information, Toyota bringing EVs to the US, a new federal tax credit, and more. The Electrek Podcast is me, Fred Lambert, editor-in-chief of Electrek, and Seth Weintraub, founder and publisher of Electrek and the 9to5 network, discussing all our top stories of the week while taking questions from our readers and highlighting the most insightful comments on the site. The show is back live every Friday at 4 p.m. ET on Electrek’s YouTube channel. As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in. After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps: Apple Podcasts Spotify Overcast Pocket Casts Castro RSS We now have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming. Here are a few of the articles that we will discuss during the podcast today: Tesla to get access to $7,000 tax credit on 400,000 more electric cars in the US with new incentive reform Elon Musk asked Biden administration to implement a carbon tax Elon Musk is serious about making Tesla Roadster ‘hover’ with rocket technology Elon Musk believes Bill Gates had a big short position on Tesla (TSLA) and lost a lot of money Tesla (TSLA) buys $1.5B in bitcoin, pushing the crypto to all-time high; plans to accept as payment Toyota announces 2 electric cars coming to the US this year Audi unveils 2022 e-tron GT – combining luxury and electric performance Here’s the live stream for today’s episode starting at 4 p.m. ET (or the video after 5 p.m. ET): https://youtu.be/lS4w6cAGtIw Transcription Fred: And we are lively. These are gentlemen for a new episode of the electric podcast. I am Fred Lambert, your hosts, and as usual I'm joined by set Winthrop today. Set [00:00:09] Seth: I'm good. [00:00:10]Fred: All right, let's jump into this. We have a, quite a few interesting news to discuss this week, and we're going to start with one. [00:00:15] That's gonna, it's gonna affect a lot of people that are planning to buy an electric car in the U S sometime this year or even in the next few years. The The long anticipated reform of the federal tax credit for electric vehicles is, is pretty close to happening. So it was officially submitted to the house of representative in Washington. [00:00:40]And it's called, it's called the green act. And green is an acronym for growing renewable energy and efficiency. Now. Now. Cool. All right. There's, there's a bunch of different things to unpack in there. There's it's a, it, it, it, it affects the ITC for solar. It brings it back to 30% and extends it until 20 26. [00:01:02] But of course, the thing that we were more morals interested in is how does it affect the federal tax credit for electric vehicles? Because that's what needed to be reformed specifically, because, I mean, it was really unfair to a Tesla and in GM, right? Warren now don't watch buyers of this NGM don't have access to it. [00:01:20] And and sorry, I don't, I'm going to share the screen here. Sure. Got to do that thing. Quick sharing screen. Boom, we're on. Yeah. So Tesla and GM hit the threshold for the, the $200,000 to 200,000 deliveries in the U S and after that, they, they still managed to get more tasks rather than 200,000. [00:01:44] Then there's a phase out period that lasts more than a year, really. But now it's over for both automakers and basically the situation now is you have. Automakers that have EVs in the market that they're more competitive. Price-wise. Because their buyers have access to the tax credit. And this learned GM buyers don't even though for the only reason that they were sooner to market with higher volume of EVs. [00:02:09] So it doesn't make any sense. It doesn't encourage automakers to, to produce the vehicles. There are a bunch of different things were suggested over the last few years. If you've been following this, the legislation that was proposed around that some people were pushing for. Let's just remove the cap altogether and. [00:02:26] Put a timeline on it. Instead, for example, like seven $7,500 now, and by 2023, it goes down to six and then by 2025 goes down to five. And so on you phase that out until all electric vehicles or competitive with Fossil fuel powered vehicles. But somehow that didn't go, that it was isn't the solution that has been brought forward this time, especially not with this green accurate, instead of what they're proposing is a new cap of 600,000 deliveries, so significant increase But the 200,000 deliveries that happened before are still accounted for. [00:03:04] So it's really 400,000 new potential deliveries that can apply. And I'm at the new count on those 400,000 Appen when the new law is adopted. So this, this is great. Anything also also the change, the, the, the, the change, the actual amount. It's not 7,500 now. It's it's 7,000 pretty, pretty close. But in, in, in the if you read the actual a document here, they do say that the, the new cap is adopted. [00:03:33] The date of enactment are, so those sole on the date of enactment, the student to determine when the 600 officials is reached between the 200,000 and the 600, the 600,000. So. That's all they're going to account for which it's kind of a problem because normally with tax credit, you would think is just if you took delivery in that tax year. [00:03:56]But not now, we we're going to kind of have to wait for this thing to actually be enacted. And that, that means that could, that could create some problem for Tesla in, in GM. For selling cars in between now and when it's going to be enacted, because I think a lot of the people, including herself were assuming that that thing is going to pass. [00:04:15] I don't know. What, what do you think Seth [00:04:17] Seth: yeah. W you know, with the Democrats in all houses and the presidency, you would think so, although some of those tiebreaker type Democrats, like Joe Manchin of West Virginia, May not be so easy to convince. So it's not a done deal, but it seems like something will, will come out of this. [00:04:37]As for the legislation, it doesn't really make sense. I mean, it doesn't make a ton of sense. Like, you know, I never thought that the first one made a lot of sense. You know, we've been saying for you, a carbon tax is really the best way to do it. Like capitalism takeover. We're not accounting for the pollution that goes into the air. [00:04:57]If we accounted for that, everything would be fine. So, you know, this is just like kind of another like weird hack bandaid kind of thing. I mean, it, it is obviously not fair to Tesla and GM and soon Nissan, I guess that they have to you know, they, they may the early investments in EVs and now [00:05:23] Now th the competitors who kind of can, you know, leverage the battery technology that came out of, you know, Tesla and GM's early investments, you know, at LG or something those they can take advantage of that. And so LG packs in their cars and they, they get a $7,500 taxpayer GMs. [00:05:41] Fred: That's a good point. [00:05:42] And then see like that, like Companies like a Hyundai or whatever, like , they still benefit from like the partnership with LG and [00:05:54] innovation. But I mean the same principle applies. [00:05:57] Seth: Right? So, I mean, there's a lot of things that kind of make it unfair. I mean, it should be something across the board. And then of course, like people are going to be upset that like you can buy Teslas plaid model S. And get a $7,000 rebate on $120,000 car. [00:06:13] Like nobody who, who is going to buy $120,000 car. It needs a $7,000 rebate. [00:06:19] Fred: Yeah, I would have thought that they would have yeah. W w w if you're updating the program, might as well introduce a cap like that, that, that one I have to admit that's a bit, it's a bit tricky. Like, yeah. I like to see those discount on, on cheaper vehicle, like the bowl, like the model three and everything, but if you're going for a plan or as you probably can afford it, you don't need to, you don't need the refund. [00:06:41] Seth: Interesting. So there was a little part in that the bill. The, I got this from the Mike Thompson house.gov site. There's a part of it, section four Oh two on page, end of page four of it for the use bars used cars, right? Yeah. And in that one buyers with up to $30,000 or $60,000 for married couples filed jointly in adjusted gross income can claim the full amount of the credit, the credit. [00:07:04] So that one is based on. Or that bit is based on the income of the people earning it. And that, that is for the, the EVs should not exceed the price of 25,000. So that's going to be probably not many Teslas there. You know, some old [00:07:24] ones, perhaps. [00:07:25] Fred: So they, they, they were thinking about it at least. Cause they did it for the, for the use, the car rebates. [00:07:30] So why not do it for the new one? I mean, I do understand, like the idea is just to try to convince someone that is looking for a new car, a, you want to incentivize them to choose an electric one over a gasoline one. So that that's the goal. So that's the goal at. Any, any where on the market? W whether it's luxury or not, but here's the thing in the higher end of the market. [00:07:56] Now, it's not, it's custom, petitive the all electric version. Like, if you're looking for something like the plaid model S, there's nothing like it. Gasoline powered. Like there's nothing that gets the kind of performance that that car gets. So if you, if you're looking for that kind of performance, you got to go with them all. [00:08:13] So being incentivized to get it, it doesn't make it [00:08:19] Seth: right. So you know, this is probably going to get, you know, changed a bit before it finally gets signed and put into law. You know, hopefully it does. But you know, maybe it's more focused on getting a lower cost cars out there. [00:08:38] Fred: Oh yeah. I mean also. [00:08:41] Most of the incentive is going to go through those. I mean, it just, you just look at the production volume, then that's ready and that that's where the cars are going. So, so it's not that big of a problem either, but it's, it's certainly gonna be an attack vector for whenever this, this bill is debated and I'm sure they're going to use that. [00:09:01] Seth: Rena. We know the, that the line already, it's going to be like, Oh, we're supporting tax breaks for billionaires that are buying Teslas, you know, like that's we th it's already, it's already been done. Yeah. Yeah, [00:09:14] Fred: we we've heard it before, but but ultimately it's going to be, it's going to be positive for X everything and the vehicle adoption in the U S there's no doubt about it, especially with bunch of other vehicles coming to market right now that are on the lower hand of the market. [00:09:27] $7,000 difference on a 30, $40,000 car. Makes it be a much bigger difference than on a 60, $70,000 car should that that's going to be a big deal. Whether people are saying that 400,000 like a cap, again, this is not ideal, especially not for Tesla with the kind of volume they're doing right now. Like this is, this could literally just last a year for Tesla potentially. [00:09:48]I'm not, I'm not sure. Sure. If that's the case, especially with. Like it's 400,000 deliveries in the us. And I mean, with the mall, why more, three production capacity right now, Fremont, it could, it could be fairly quick. But I don't know, like a w w we're going to have to see also there's a thing There's a, there's a phase out period. [00:10:07] Again, it's not, it's not as generous or a phase out period. So what they say here is that the prevision replays, the current for his up period with a phrase up here that incident begins during the second quarter after this, the, the, the instead begins during the second calendar quarter after Sasha and Charles. [00:10:25] And so you have basically two quarters. After you hit the 600,000 deliveries or of still having the full, so, so if you have a high production rate at that point, you can still take advantage of that. $7,000 a lot. I mean, desolate and could pronounce she's still like have. 200, $300,000, 300,000 more deliveries in the 600,000. [00:10:50] It could, it could reach to close to a million, really a total. So so it's still, it's still very the vintages. So and with the timing of it too, w what's gonna be interesting is that it's going to open up the tax credit, maybe to cyber truck buyers at this point. Like, Oh yeah, that's interesting. Yeah, depending on when this is enacted and if it is exactly like that, which again, we've said that it's not necessarily the case, but you, you gave it, you gave it like, let's say a year for this, that hit the front hundred thousand. [00:11:18] So that, that puts you somewhere in 2022. And then you still have six months of, of that $7,000 access. So. I mean, I don't think so. That puts you like in second half, maybe of 20, 22. I don't know. I could kind of volume production tests, like an eight on this laboratory at this point, but still, and the higher production capacity. [00:11:38] Do you have for all the vehicle programs that you all going to get at a big boost from [00:11:42] it? Yeah. Maybe even the Roadster will get it. Yeah. A little discount. [00:11:47] Okay. Yeah, baby, potentially though, again, that's the one that's going to go well with people with other people. If you get access to that. [00:11:55] Seth: Yeah, but I think the sh the story in the short term is going to be all right. [00:11:58] So now this is being talked about when we think it's pretty likely to happen, but between now, and when it happens, like, is Tesla going to really, or Tesla and GM and whatever, whoever else are they gonna, are there going to be a lot of people just waiting for that to drop and, you know, our customers Number's going to go way down in the U [00:12:17] Fred: S I mean, doesn't make much sense to, to, until you have some clarity over, over that happening. [00:12:23] I mean, I wouldn't buy one personally, like right. $7,000. $7,000. Yeah. And for people who say, Oh, you're just like a subsidy leech and you're trying to get us us. I mean, no if, if you understand the meaning of that, of that incentive, that's incentive is there because there's a cost that is not accounted for when you buy a gasoline vehicle that you burned, if that fuel we, we, you, you just started with that said that the carbon tax will, will make us more. [00:12:48] We'll make more sense than that. And we all agree on it, but this is actually our next step. And next article that we're going to discuss is regarding Elon Musk was on Joe Rogan this week, an episode of the Joe Rogan experience. Very interesting talk now lasted about three hours, but we got a few tidbits of information were really interesting in it. [00:13:08] And one of it that color high was that, eh, Elan. Said that he talked with the Biden administration about implementing a carbon tax and they apparently weren't really receptive to it in his word. He said, they see, they said that well to seems to be too politically difficult to, to, to do. [00:13:29]Seth: I, I get it like nobody wants to see the gas prices go up. [00:13:32] I mean, if you look at France the, the whole strike this year was because they tried to raise the price of gasoline a little bit. I mean, I don't, I don't know if it was just that and it was last year actually, but yeah, [00:13:45] Fred: but still, I mean, there's way to implement it without affecting the lower income people. [00:13:52] Right. And the country, right. [00:13:55] Seth: Elan did mention that, you know, those people a rebate also like you know, the. If you, if you said, Hey, look, we're not doing a carbon tax this year, but like a carbon tax in four years is coming, like for sure. So plan for it, like sell, sell your SUV, get a, you know, if you're, you don't have a lot of money and you don't want to spend a lot of gas on gas, like putting one a little bit further out there, maybe a good answer for [00:14:25] Fred: that. [00:14:26] Yeah. Yeah. That makes sense. Like, like Elan's point was, was very reasonable. Like if there is an unpriced externality, like the price, the cost that we have as a, as a society. In immediate CO2 emissions going into the atmosphere and the oceans. There's a customer that is it's clear, it's bolded, zero customer health term of hair pollution, but also long-term costs in term of, or the Zira costs. [00:14:54] Also like you look at Miami much, you're spending in the. I'm trying to solve their water problem and literally going on the water, there's a bunch of other places like that. So there's direct costs like that, but there's also a long-term cost of fishery. If the fishing industry is getting destroyed by how the CO2 is affecting the ocean and everything. [00:15:15] So there's all those direct costs and they need to be accounted for. And if you. But the markets there doesn't see that cost cause the, the, the, the there's no actual price on it. If there's not actual price on it, they don't care. You just have to, if you put a price on it, then they're going to start to do the right thing automatically. [00:15:33] Yeah. But I mean, of course you say that, that people are like, yeah, well, why aren't you just doing the right thing in the first place without the money? I mean, it just doesn't work like that. Like we're not, we're not wired that way, unfortunately. At least not all of us, but. Yeah, it doesn't sound like it's going to be in the cards for the Biden administration. [00:15:52]I don't necessarily blame them. Yeah. I know. [00:15:54] Seth: It's super popular. [00:15:56] Fred: Yeah. So [00:15:57] Seth: like, I mean, the other option is like taxing at the well or taxing at the refinery or something like that. Yeah. I mean, the money is it's still going to cost more to buy gasoline, but it won't be like, you know, the breakdown won't be like, this is the money from [00:16:11] Fred: the. [00:16:12] Yeah, but you know, all the oil industry is like, they, they will let you know that the reason you're paying more is because they are getting taxed at the other friend, RESO. They, they, they are, they, they don't have a good history in term of propaganda and marketing the ball. It's not proper again, it's actually through, like, it would be, would be through that. [00:16:28] The, the, the government would be the reason why the, the gas prices increases. I mean the, they will frame it in a way that, that looks worse than [00:16:36] Seth: it actually. Yeah. And also if you tax it at the, well, then the military and government also has to pay more for, for gasoline, whereas they don't typically pay like the taxes that come at the, you know, at the gas station, [00:16:53] So that would be better for getting the military off of oil as [00:16:57] Fred: well. Yeah. So short of that, short of actually putting a price on carbon, which would be the fairest way to, to, to address the problem. You have to counter balance this, like. On the officials subsidy that the oil industry gets by getting a subsidy to a green technology. [00:17:16] In this case, solar wind with the ITC and, and electric vehicles with with with this, this federal tax credit. And Because to be fair when Elan said tax the make a carbon tax, he said for electricity and gasoline. So actually actually a trustee that is produced with fossil fuels, like, like coal would, would be taxed higher than if you get solar. [00:17:40] If you get electricity from solar source. So if you have an entry vehicle, your cost, if you get it from the grid with a high mix of coal in the coal production, in the of production, from coal in that grid you would get your costs for you that your vehicle go up to. But it would also force those people to find alternative. [00:18:00] Cause that's, that's ultimately, that's the nice thing about that. Cubicle is you get a bite limited, you get more options to fuel it. If you have a gasoline powered car, you have one option gasoline. If you have an SUV vehicle, you can get it from the grid and from the grid. Sometimes you have some options, some I have to utilities will offer you some electricity from a renewable source versus or they give you like rebate and things like that for to counterbalance with, with if you're literally stuck with coal, you can get a rebate for solar and whatnot, or, but you can also get it directly. [00:18:38] If, if you have the opportunity, if you own your home, you can get solar and everything. So, so there is. Like limited somewhere options. And that, that that's the core of it. So if you are in this situation, you could decide all right, now that it cost me more to get majesty from coal, I'll look into solar. [00:18:56] So [00:18:57] yeah, [00:18:58] Seth: I mean, if electricity prices go up that makes solar all the better. [00:19:03] Fred: I mean, most places it's already cheaper anyway. So but when you have a bigger upfront cost people yeah. Would like a return on investment faster, and that would be a faster return on investment for sure. All right. Other interesting thing that Ilan brought up during the, the Dragan interview he talked about the Roadster a little bit. [00:19:21]I mean, we always like to hear about the Roadster. It's been delayed a few times, but earlier this year, Ilan said that That they're completing the engineering this year and they are bringing it to production next year. So we know that the idea of the Roadster is being completed basically right now. [00:19:38]It, it has evolved a little bit since don't billing in 2017. And we know, especially with last month on wheeling of the mall as plan and plan plus that's coming later this year or actually in the podcast, it did say, but Nick said in a year now a year. Yeah. Which would put in an actually in 20, 22, not the end of the year, but I mean, that, that could have been just him giving a broad timeline on the, on the car anyway, even forget the plat. [00:20:02] Plus just the plant itself is, is getting competitive with what this learned nouns with, with the Roadsters. So now they're going to have to have higher capacity with the Roadster and part of that is going to be that space it's packaged and. I mean, everyone's been talking about it for a while. [00:20:19] About the core, I think thrusters on it, giving it either like a boost or acceleration, or even be able to hover at one point he said, and now that the engineering has been completed on the car, you were starting to think that like, all right, this, if this thing's gonna actually make it to production, this basics package is going to have fat and now, and he seems to be very serious about doing it on this show. [00:20:40] He was like, yeah, we're going to throw I'm quoting here. We are going to choose some rocket technology in that car. I want it to, or to hover we got to figure out how to make it hover without giving people that, that would be that would be a nice addition if it doesn't kill people, this is, I mean, it's not necessary, but I like that in my car. [00:21:00] When my car doesn't kill people, I always feel better about it. I [00:21:03] Seth: want to know if it can go over water though. Like, is it like a hug? [00:21:06] Fred: You did say that it's not okay, because when you say like hover, you can, are you literally just talking about like lifted up on the ground, just for show for a second or something. [00:21:14] And, but Rogan asked him if it's going to move. He said, yeah, you can move it. You said, you'd go pretty fast, but you're going to be time limited. So it's just going to be like hopping, like for a little while, I [00:21:24] Seth: guess, you know, what did you think? Like a minute or 30 seconds or I doubt [00:21:29] Fred: it's going to keep I guess 4,000 pound car up in the air for her. [00:21:34] For a minute. I mean, you talking about a high pressure Hara bottle, the silly late. So lifting up your hair for a whole minute, be able to do [00:21:44] Seth: it while you're driving. Like, can you just drive? And you're like approaching like a Lake and then you just click the buttons and start floating and then you go over the Lake and then you. [00:21:53] I mean, [00:21:53] Fred: I think that could be a possible cause you, you, you, you do that. If you have trusters that go towards your ground, you just put all of those trusts and then you stalking about having one in the bag that you just flipped the license plate and it pushed you to the bank. So if you do that, and then you really, some hair on the back, you can, you can move pretty fast, pretty quick. [00:22:12] Right? And like now, because it's not like rolling resistance announces, it's literally like, unless ferric resistance is the air around you. That's that stuff. And you said that. There's a lot easier to go through. So, so yeah, I feel like it's a possible just album. You can stay in the air and I'll know [00:22:28] Seth: that would be really cool to not have to use bridges, you know, just to cross like a river real quick, [00:22:34] Fred: but you're gonna, you're gonna have to be very precise on that because like you said through you don't, you don't want to drop too fast cause. [00:22:41] I mean, you said you're going to put a height limit on it. So probably like a mirror to six feet. So that's three through the six feet, which that's still crazy. Yeah, that's crazy. But like you said, it wouldn't kill you, but also you would, it would destroy your suspension if you drop from that. So you're going to have to slow moly land, really? [00:23:00] And [00:23:01] Seth: they're doing yolks now, right? Instead of steering wheels, you're, you're kind of in three dimensions. So you may like pull it back and [00:23:11] Fred: exactly, super cool. Actually, I didn't think of that. I mean, I get it, like, let's be honest people. It's insane. It's it's crazy. But it also makes some sense. I mean, the hover is just because if it's there. [00:23:30] Well do it right. But of course the actual idea behind it is yes, there is a lot of value of providing a trust or a cold, their trust or propulsion in the back for acceleration that will, that will kill your, your, your zero to 60 times. Nothing is going to be able to get close to that. I mean, it's going to break next, literally. [00:23:50]If you're not careful. And it also gives you trust on the, on the sides and downward trust to, to keep you on the ground. And there's lot of things for just regular driving that doesn't need to be strong enough to pull you in the air. But again, if, if like, you're, you're like 90% there, if you before the hover, so you just have like to crank it up and that, so, yeah. [00:24:16] And if you're really on Musk, of course, it's. That's an easy decision. You're gonna make parallel [00:24:20] Seth: parking easy. You could have. So check this out. This is an idea. So if we go six feet up, instead of having a garage, like a, you know, a sideways garage, you could park your car up, you know, over your other car. [00:24:35] You don't have like a platform and just like pull it in there. Instead of, you know, like that the guy who runs a Nvidia has like 17 portraits. [00:24:44] Fred: Well, I mean, that's, that's the thing though. I mean, well, what would they call that? They're that lifts there. Lifts. Yeah. [00:24:49] Seth: So you don't need one of those, you just [00:24:52] Fred: park all still need like a platform or something. [00:24:54] You don't want them to literally limb on the car, right? [00:24:57] Seth: No, you have a platform, but you land, you know, you have your car and then you have another layer for your, your car. Save some money, parking in the city. You don't have to worry about You know, and just second [00:25:07] Fred: level. Yeah. Yeah. We gonna have to see it. [00:25:12] Like it's, it's, it's pretty crazy, but it sounds like it's happening and this is working on it right now. This is going to be completed this year. Kenny [00:25:21] Seth: Gates and fences no longer a problem just right [00:25:25] Fred: over there. You also reiterated the fact that if you choose a space X package option, the, the air high-pressure hair bottle is going to be in the back where the backseat would go because a Roadster is supposed to have four seats. [00:25:37] Yeah. That's, [00:25:37] Seth: that's a big, [00:25:39] Fred: yeah. Four seats. It'd be nice. So I know you're getting through Roadster. And you're not even sure if you're going to keep one, but if you do keep on, do you go for a seat or you go space expanded? [00:25:51] Seth: I dunno. It's hard to tell like I, I, you know, obviously we're going to learn a lot more about it, so I'm going to defer to when I know everything I can possibly know, [00:26:01] Fred: let's assume a few things is going to be more expensive than a four-seater option. [00:26:05] So you would have to pay extra. I don't know if you, like, if the gave us like the founder series, I would assume that you did, I'm not going to make us pay anything on it, but I mean, that's an, that's an assumption of mine. Right. But let's assume that, but doesn't mean it's more expensive. But let's assume that, I mean, in term of performance, I thing in the world, it was going to come close to it. [00:26:27] Not even like a million dollar super [00:26:30] Seth: car. Right. I mean, I don't know, like, I really like. The Roadster that we went in for the initial ride, that was like, as fast as I'd ever want to go at any point, there's like no reason to want to go that fast. Like it's painful. Like it was, it was it wasn't, you know, when you, you know, on the, the D rides, everybody's like chuckling, when they're going really fast, this was different. [00:26:56] It's like, you know, it wasn't like, it was a different kind of. [00:27:01] Fred: Experience. I mean, you said it during the podcast 2.3 and 1.9. There's a, there's a big difference between the two. It doesn't sound like a lot, but it's actually like a big difference. Right? You'll have to do the GS, like, like, I don't know, like that's a different [00:27:16] Seth: yeah. [00:27:16] That's the other question? Like, how do you get tires that can keep like the regular, the regular Roadster was spinning all four wheels. You're going to have to have some crazy time. I mean, I guess with, with the With the rocket boosters then. Yeah. [00:27:30] Fred: But even, even, even with that you just going to go run through your tires super fast, but mean, I already run through my tire super fast with them. [00:27:37] Right. All three performance. And that's with three, three seconds doing 60. So, all right. Next next news item that came out of the podcast bill Gates. I mean, I was kind of surprised by that, but. So w we reported a while back when bill Gates made some comments about battery electric trucks saying that it's never going to happen. [00:28:01] And of course we, we trashed those comments back then, right. It made no sense, but Joe Rogan brought them up during the show and had Ian on addressed it. And of course he learned this at the same thing we did back then. Like, he doesn't know what he's talking about in this case. And And you brought up the fact that they already have prototypes that work. [00:28:21] I, I don't know if that's a perfect answer because it's not just like the energy density in it. Like you can show it that works for sure. But then yeah, I'll chop the shredder, the economics of it worst, but he did have a good point about what you said and that article actually confirming the same that the bash pack or at least the. [00:28:42] Is this, the mind is going to be 501 which is on the lowest side that we were expecting for sure. And you said that if you're having a $500 backpack, it's, it's not a big game changer in terms of the weight of the tractor is of course you have to manage with the economics of upright transport that mine age, the weight of the tracker so that you don't pass the next Memorial. [00:29:04] Right. Of 80,000 pounds on the road with, with your load and with the trailer. So it's all a whole generation of trying to optimize your load pounds per mile is what you going to charge them ultimately. So you want to have the lightest charter possible. They can still pull 80,000 pounds, or you can have a 40, 45,000 pound load or something like that. [00:29:29] And And he always says with, especially with a structural backpack that he on the bill last year, if you have a 512 hour structural backpack that you build with us with some eye on the weight, there's not that much either way , you don't give up that much weight, even though we're used to that you Eagles being a little bit heavier than their gasoline power counterpart. [00:29:51] So, so that was an interesting thing. But then like you to give some kind of reason why Dates with a, sort of a negative on Testa. And he said that according, I also heard that at one point he had a large short position on Tesla. I don't know if that's true or not, but things weird, people like, huh? [00:30:13] Very weird. Yeah. People I know would know the situation pretty well. That's almost Trump past like, Oh, people that I know said I asked them, are you sure? And they said, yes, he has a huge short position on Tesla. And that didn't work out too well. Bill use of the loss kind of all of the money, like a lot of people did on shorting Tesla. [00:30:32] So he didn't give a timeline, but we know that last year that's the one on a crazy run and estimated people, collectively people at short position on Tesla lost $38 billion. Of course, if I actually reached out to the bill Gates foundation to see if they can get a comment on that from from bill. [00:30:51]I don't expect that we, that we're going to get one, but I would like to have a confirming, like is inside of the story you hear, because it doesn't sound like the shorting type, like is more like exactly. You invest very long-term stuff and everything. So it doesn't sound like him. It's not impossible though, because you guys been more critical of Elon and Tesla then than you would think coming from him. [00:31:14]And personally, like, I'm not like I'm not all the shorts or the devils, like like Elan things and like, and like like a lot of more people think that like a lot of people I've been recently introduced to the idea of, of, of short short sellers with the old game stop thing and EMC and the whole wall street bet on Reddit. [00:31:31]I mean, I think there's a place for short sellers, like, because let's be honest, there's some companies that are bad that do bad, that lie. That like that it would make sense to bet against it. Like, I mean, I'm not a big fan of what's his face NYCLA. No, no. The short seller that, that they did against Enron the guy is always on CNBC, trashing, Tesla, Jim something Nope. [00:31:53] Channels, channels. All right. That, that guy, I mean, I give credit where credit credit is due. Like you, you saw the fraud that, that Enron was put a short position against it exposed. It made a bunch of money when it failing and it had to fail. It was defrauding people. So there's nothing bad with that. [00:32:19] Now. Also there's nothing bad thinking that Tesla. Is overvalued. Like there's definitely arguments to be made with that. I'm not on board with it, but I can definitely see our argument. I can not have a rational conversation with someone that says that this is what we value. That makes sense me, but I am not, but shorting it though. [00:32:39] I don't know, because like you have to look what's. W what's the positive icon for that? Like, yeah, you could make some money if there is a correction on Tesla, but at the same time test, as valuation contributes to his mission. And I think the mission is more important than all those things like to be. To, to, to accelerate the advent of renewable energy and energy transport. [00:33:03] And this high valuation certainly as helped us let, because they were able to raise a ton of money from the high valuation. So I don't know. And I'll be conflicted about that, but I'm not, I don't want to demonize the shorts. I don't like, of course the shorts that are lying about desktop, like they're take a short position and then they do a bunch of propaganda about in everything. [00:33:21] That's of course that's horrible. But in general, I don't hate shorts. [00:33:30] All right. All right. And then another big thing that turned on the market this week is we learned earlier this week on Monday that the slow when they released or 10 not thank you. The 10 K finding the sec. They reveal that last month they bought the above a large position in Bitcoin. [00:33:45] The the $1.5 billion worth of Bitcoin. The the, the, the said that it was part of a move to diversify with alternative reserve assets. So that included both digital assets, like the I mean, the, the call between digital assets never heard that, but and also gold, they bought gold too. [00:34:08] So, so the Tesla is like at the end of last quarter at close to $20 billion. So do you use the, the use 1.5 to buy Bitcoin? And they didn't disclose the goal though. The amount of gold that they bought, but of course the Bitcoin is what caught a lot of the headlines. Anyway, people didn't care much about their slaves buying gold and it sent it some big coins go on a big run. [00:34:35] What is it today like 48,000 I mean, last month when they bought it. So they already made the, a lot of money cause $48,000 now, and a month ago it was trading between 38 and $30,000. So the, so they bought somewhere in between those and it's already up $48,000. So there was, that was a good move. [00:34:58] But of course the part of the rallies because of the study itself. So self fulfilling prophecy right there. What do you think about it, sir? [00:35:09] Seth: The bigger news, I guess maybe was that they're going to start accepting where they're going to try to start accepting Bitcoin as payment for their cars. I think that might be a kind of a hidden gem because I know there's a lot of money out there in Bitcoin, [00:35:26] Fred: Bitcoin millionaires. [00:35:27] Seth: Yeah. And you know, What's [00:35:30] Fred: that they might want a Tesla. So there's that? [00:35:32] Seth: Yeah. I mean, I think we did a story in like 2014 or something where somebody bought a Tesla, used it in Bitcoin, so it's not something new, but and you know that the idea of cashing out and then buying it and then, you know, Tesla's taking, taking on the rest. [00:35:50] I think they said that they would, you know, convert it immediately into cash. But I still think taking Bitcoin payments may open up the market for some, for some new buyers. I mean, particularly some buyers that just made a ton of money that, you know, that the buyers that are just really happy about Tesla getting into Bitcoin and they now have a lot more money and maybe they want to buy [00:36:13] Fred: a of them. [00:36:15] Literally just. Take the profit from Tesla announcing that the big point, you just shave that off and buy a car with that. Like it's, it's crazy. But I know like some people are not on board with this idea because like, Bitcoin is not really transactional. Like it's, it's, it's more like a asset right now. [00:36:33] It's like gold, like Tesla itself. Just basically compare it to go than this. In this announcement. So you don't, you don't really go to the car dealership in, in with, with a bunch of gold and you're like, give me a car. So this is kind of the same thing. Like, especially if you, if you're going to take the goal, then change it into cash. [00:36:53] But after this is going to be the same principle there. So it doesn't mean that much on that front, but yeah, I understand from your standpoint, what you're talking about for for Tesla, it makes sense to. Can really create some dumb and from that, but yeah. Yeah. Also some people are not on board with it due to the environmental impact of Bitcoin. [00:37:14] It does as an entity, as the blockchain does require a lot of electricity so that people are seeing that as an issue. I think it recently just surpass Argentina in term of electricity needs. It's crazy. As a, as a whole, it's like. A decent sized country now just to maintain the blockchain, just to pass the transaction on, on the blockchain. [00:37:39] But at the same time, I kind of have to think that, I mean, th th there's electricity in effect, it's, it's coming from the miners. Like the miners are the one that they're paying for the electricity to mind that currency. And they, they get some, some of that crypto in return to pay for that. Electricity use and the computing power that is required to mine it, and the whole idea between mining is to balance that computing costs electricity costs with the rewards from mining. [00:38:12] And so you want to maintain that if we discuss as low as possible and in this day and age, the lower electricity cost you can get is from renewable is from solar is from wind it's from. I do electricity. So I kinda, I would like to see a concrete study on that and see, where did they to steal the Bitcoin is using, is coming from my guess would be that it probably mostly from renewable sources. [00:38:38] My guess I don't have any actual stats from that, but I'm just running through the logic here. And I think, I think it makes sense. [00:38:46] Seth: Yeah. I mean some people even think that Bitcoin makes Solar or more and more wind, but makes wind more viable because like, you know, for instance, in California, when there's so much solar that you can't do anything with it theoretically you could fire up a bunch of mining rigs on that extra solar power and make some money and that money could, you know, Help the balance sheet and building solar. [00:39:14] So theoretically you're building a wind farm or you're building a solar farm and you're saying, all right, well, when the prices get really low, when we're like, over-saturating the electricity market, we put some of that into Bitcoin mining rigs, and then we can therefore pay off our, our investment. So in that way, it kind of makes some sense. [00:39:34]But you know, overall there are some serious questions to be answered about the energy usage of Bitcoin. Yeah, [00:39:40] Fred: I get it. I mean, I suggested that to Jason used w w K zero 57, like, well, known the hacker in a Tesla community. Yeah. It's a giant home solar system. I think it's like. The 40 kilowatts is something that makes it, it makes no sense. [00:39:55] I mean, he doesn't use like you use a fraction of a centricity and he also has of course, a very big self-build Tesla battery on system. So I suggested to him, you should, you should use that extra solar that you, that you make to. To, to, to build some kind of mining rig in that I, he was receptive Natty. [00:40:15] I don't know if he ever kind of came through with it. I need to look into it. I mean, he's, he's [00:40:19] Seth: on the grid though. He can just send his extras energy. [00:40:22] Fred: I think it was, he, he built it up grid. I'm not, I'm not sure, but I mean, yeah, it was, it's also, I don't know if like net muttering exists in North Carolina again, right. [00:40:33] To penetrate. I don't know, but I mean here, like right now my house is not being heated and I'm in Quebec, in the, in the winter. And 90% of my heating is coming from mining rigs. I have, I have three mining rigs in my house located in different rooms and those things, they, they eat up so much that they, they take up my, my eating. [00:40:53] So they actually replaced my trusty costs from eating to, to mining. And also it's coming from hydro electricity. So. My my house is literally powered mining bit, not the Queensland mining Ethereum right now. How much, how [00:41:06] Seth: much money have you in dollars [00:41:08] Fred: in dollars? I mean, I've been doing it for over a year now. [00:41:12] Probably got three. If their arms, it's not three, three, three, either three, either. And right now that I never sold them and they're worth 1800 bucks each right now. So I'm actually probably made money at this point already a year and a year and a half into it. Probably because you can account for the cost of electricity, of course. [00:41:30] And well, actually it's been done by the council that you see, I, I heat with electricity here. So so that, that counterbalance itself basically, and the, the cost of the mining machines to I mean, th the biggest around thousand bucks, I think it's 800 bucks or something. Right. So, so, yeah, I've probably made money at this point. [00:41:46] I one here in this room though, I only, I only shut it down from when I'm doing the podcast, because it's a little bit loud for the podcast, but then as soon as the podcast had done, turn it back on. And so I'm losing money doing the podcast right now. People didn't like, that's how much I love you guys. [00:42:02] Seth: I it is, it is interesting that the other part of that like, well, the excess heat from the resistance, from the, from the video cards and the, you know, the GPS is heating your home. That makes that's an interesting point of the equation. [00:42:19] Fred: People were discussing too. Like if you link Bitcoin, Tesla, what if like all Tesla vehicles right now, there's a supercomputer that is not being used when it's parked. [00:42:29] So if you're plugged in and you're parked well to come together, obviously or why not? Would you be able to mind some cryptocurrency would that, would that computer of course Even if it's plugged in, you still use some of your battery cars because the anchor see something come to the battery and then the batteries is being charged. [00:42:50] So there is some degradation on that front, but I mean, it's probably, it would be small so that there there's some calculation to be made if it's actually worded, but it could be interesting. [00:43:00] Seth: Yeah. I would much rather have my car mining Bitcoin than being used as a taxi. [00:43:06] Fred: Yeah. I mean famously said doesn't want any Ford in scars, but by himself. [00:43:12] And that's my main but yeah, I mean, you could imagine something like, especially if, even if they're not plugged in, they even imagine it feels like the cyber truck, for example, that's the, does this solar cover thing and we're going to get into that too, but Elan discussed it a little bit in term of introducing solar. [00:43:31] Sells on cars. He said that the cyber truck is gonna be the first one with the cover for the bed being solar powered so that that's not going to hide a lot of mileage. Like you said, I think around 10 miles per day for a separate truck, but what it would though, it would also cancel any, any vampire drain for the car. [00:43:51] Yeah. And that's it. As you want to mind the car, then you could, it could be mining. Cryptocurrency with solar, if that was an option on it. So that, that could be interesting. Yeah. Once [00:44:03] Seth: you fill up your battery, you just, it switches over to mining. Yeah. I mean, that's not going to be, that's not going to turn out a lot of coins, but [00:44:12] Fred: no, but yeah, I mean the, the, the whole thing about this, this hardware 3.0 computer is that it's, it's, it's efficient too, so right. [00:44:22] All right, moving on. No. Oh, I guess I didn't put this on everything in there, but yeah, he discussed introducing you basically explain what we all know for, for a while. Now he explained to Rogan why solar on Corazon not make that much sense? Because of the under surface area of the solar and the efficiency of solar cell these days. [00:44:46] And if you want to go much higher and you. Go much higher in costs do so balanced. Don't make sense. You're much better off having solar on your home. Yeah. And then charging your car like that. But explain for bigger cars. It could make sense like the cyber trucks bed would make sense. Any also talk about the Tesla van. [00:45:06] I mean, if you remember a few weeks ago, we only confirmed that that's the we'll make event. As soon as it makes sense in term of battery supply. As soon as they have the batteries floated to make those vans. And he said for a van that you would make a lot of sense to have a solar roof on it, because you have a much bigger surface area that is flat. [00:45:22] So you can put solar cells on that. And he also suggested to put the deployable roof on each side where you could extend it. And it was all pretty much talking about camping. Like it can think then you make it like a little tiny motor home, really like it, a little sprinter ones. That, so with extending on each side, yet you provide shade. [00:45:41] You can build like Like a little camping area, all of it. And on those shades, there's also solar cells on it. So now you can have like a triple the roof area in solar power and that could generate decent amount. But again, I want to say decent amount, we're talking probably 30 miles a day. It's not nothing crazy. [00:46:01]However, it's still useful. Like, especially if you, if you do a campaign type of the camper with that, With that van, then let's see you have like 300 miles all over there that you can literally let go 300 miles from your home. You sit at like a camping spot where you, where your car is. You can either plug it in or you can just pull out the solar. [00:46:22] And if you're staying there for a few days, then you can replenish your battery. Or you can also run things out of your van with that or power. So it's a, it's a no brainer in my opinion, it just, it just makes sense. Okay. I don't think this is gonna be the first to do it, but we going to see that happen a lot. [00:46:41] I [00:46:42] Seth: thought a Yuan was a little bit dismissive of solar powered cars. Like I, you know, I agree like normal cars. You can't really build a normal car and have it covered with solar panels and get any, you know, useful range out of it. But, you know, 20 miles is not nothing like a lot of people You don't have a commute of 20 miles a day. [00:47:02] So. Like theoretically, they would get most of their miles from solar. You know, we'll, you've seen cars like a Lightspeed and that one, the sole sole Scion cyan or, yeah. And then there's that other one? Aptera like the three wheeled one. Yeah. Yeah. That, you know, they claim to be almost entirely powered by solar. [00:47:24] Obviously you can charge them by a traditional means, but because they're so efficient and so aerodynamic, and then, you know, the wheels are very small and there's, it's small inside, but in that case, you're kind of, you're getting a real, like a long distance in the sun then. And those kinds of all, em, Come from those solar races that there's one in Australia where they go from like Darwin to Adelaide. [00:47:50] And there's one in the U S that, you know, they kind of cross and they're, these are kind of like bikes that have like a covering a super aerodynamic solar covering they're very quick crash with those. No, you don't even want to like. Tip over those things, you probably just fall apart, but they're so light. [00:48:09] They're so aerodynamic. And this, the covering of solar is enough to power them along with, with a passenger too. So it can definitely be done. It's just the trade offs are, you know, to have like a normal car that you would expect to have is isn't great. [00:48:24] Fred: So, yeah. And all those cars is especially that Tara, for example, and the, the, the lights the, the lightning one is one of them a little bit, a bit more bullish on, but the , the whole thing is that, or solar matter on it, because it's so efficient, but at the same time to make the car so efficient, they have to make it like. [00:48:47] I wrote more aerodynamic and making it all there more over the NAMIC it reduced the surface on which you can put solar. So like, it is, there's this weird trade-off here that you have to be careful for. So I'm going to want to see like extensive tests on those cars to, to, to really see like the impact on solar, on them. [00:49:05]Because I have a suspicion that's a little bit gimmicky, like to see that they are solar power, like yeah. I want to see actual use cases, not extreme use cases, someone that has like a 30 mile commute or something like that and see like how much of it is going to be solar and how much you need to charge it, which is fine. [00:49:24] Again, I think a mix of both is perfectly fine, but if your advertise your car has solar power, like we have to be clear about what they really are. Yeah. All right. Toyota. The electric car and a U S what is this? What is happening? Yeah, I mean, Toyota is, is, is announcements sometimes. And now the, like, they kind of announce a few months ago, like, Oh, we're making an electric SUV, like sent out the press release and everything. [00:49:54] We're making electric SUV and more like, cool. Show it to us or something, but all right. Now they're saying we're bringing electric cars all at your cars to the U S the, to your, the North America. And that began the Butte in the U S this year three new electrify models, but don't panic. [00:50:13] They did specify to be these and a PHEV. So two ology vehicle and a plug-in hybrid. Crazy thing though, in the same announcement, which again, extremely little the announcement. That's basically what I just said. Like that's it, those three cars are coming to the U S are going to be the beauty of this year in the U S and the same announcement. [00:50:33] They were like, Hey, by the way, a plug-in hybrid is just as good as like all electric cars. See, as long as you don't use the gas part. Yeah. They released a study showing that all the vehicles produce just as much emissions as plug-in hybrids, which of course you can show those, you can make numbers say anything and you can probably make them say that I didn't look too deep into the study because of course, I mean, w we, we see the value of plugging hybrids, electric, that we understand it, and everything is just that all electric vehicles are obviously the future here and bugging the hybrids where. [00:51:10] Sort of like a compromise for a while, a transitional vehicle and eh, the all three vehicles I've improved so much at this point that it just doesn't make sense to focus on plug-in hybrids right now, if you're, if you're, if you're you right now on the toolmaker working on the plug-in hybrid program, you're kind of wasting your time. [00:51:27] You just put those resources on making better all electric vehicles right now. And you're probably being very, or actually. But the resources and making more batteries, probably like as a, of course the biggest advantage in my view of a plug-in hybrid is not that, Oh, we can go long distance with the gas tanks to full gas state is that you can, if you optimize it right, you can drive a lot of electric mileage without adding a big battery pack in it. [00:51:54] So you can make more of them with the limited battery supply that we have right now, that's, that's nothing in the biggest advantage of plug-in hybrids are ever. Obviously it's a compromise having two powertrains in the car or a generator for your energy powertrain. So, yeah. I don't know what he's teaching. [00:52:12] He felt the need to say that, especially the eye announcing to all electric vehicle in bed, but it's not like they were saying like, Oh, we're making for plug-in hybrid. And then one electric, no, you're making two, all electric vehicle. And the plug-in hybrid, by the way, plug-in average was just as good as the two electric vehicles. [00:52:27] Right. [00
The 1st Check A Pro Radio Show of the Year! Thanks for tuning in! Joe asked Tom from Koala Insulation to stop by with some New Year offers on saving money in your home. Are you utility bills too high? How is the climate in you home? Tom answers questions such as what R-Value should you have in your attic insulation to keeping your attic temperature and humidity in check with a Solar Attic Fan. Oh and by the way the Fed extended the 26% Federal Tax Credit for now. So not too late to get in on the deal from Uncle Sam.
“You do the best you can with what’s thrown at you, then you try again.” -Mario Andretti What does the Highway Bill, or HR 2 have to do with builders and raters? What has happened to the “builders tax credit” over the course of the last few months and what is store as we head towards and through the upcoming presidential election? Better known as 45L, Section 45L(c)(1)(A) and (B) of the US Internal Revenue Code (developed by David Goldstein of the NRDC), offers a $2,000 federal tax credit to builders for each energy efficient home they build and sell. As you may know the credit has lived an unsteady life, being on again and off again over the years since its inception, making it difficult for builders to act on this with certainty. It’s important to realize that the trillion dollar Moving Forward package proposed by the Democratic House Caucus contains a proposal to amend the 45L tax credit, and create a performance based path, tied to the IECC. Join us as we discuss 45L with Carl Chidlow, a registered federal lobbyist and Steve Baden and learn of the history, perspectives and future opportunities of this tax credit. Hear about the over 300 RESNET small business owners who signed a letter to Congress in support of this and how you can get involved. RESNET has created an advocate toolkit found here: https://www.resnet.us/about/advocacy/ with the tools and guidance on how to contact your member of Congress and promote issues important to the membership. While COVID-19 makes in person meetings almost impossible Congressional staff are still working remotely and have adapted to using conference calls and technology (eg ZOOM) to engage with constituents. Environmental stewardship is going to be a touchstone issue for the next four years. RESTalk: To the RESNET community, we hear you and want to engage. Pros can learn more at www.RESNET.us/professional Consumers can learn more at www.RESNET.us Or for more info on this topic contact RESNET at INFO@RESNET.US
I got a pretty sweet notification from Touchstone Energy about some additional rebates available on the Nissan Leaf. I decided I needed to look at the $7500 Federal Tax Credit available on electric vehicles and how it works. Also, if you want a Tesla or a Chevy, ACT FAST! The tax credits on these end … Continue reading "I'm Shaking Like a Leaf."
Show #562 Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Monday 26th August 2019. It’s Martyn Lee here and I go through every EV story to save you time. Thank you to MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. Someone else from Patreon to thank, DAVID KIDD is now a PRODUCER PRODUCTION OF TESLA MODEL 3 IN GIGAFACTORY 3 IN CHINA HAS BEGUN "A new set of images and videos were recently leaked online showing that the Tesla Model 3 has already entered the production phase. The leaked details reveal that the big T is now making the necessary preparations for the trial production runs of the Tesla Model 3 in Gigafactory 3." according to BusinessTimes.cn: "Significantly, the leaked photos reveal images of a couple of partly-built Tesla Model 3 in the assembly line. We have no information if the panels of the two sedans were made on-site or if the electric vehicles were only assembled from shipped components. But, it still goes to show that Gigafactory 3 is now operational and seems to be starting trial assemblies for the Tesla Model 3." https://en.businesstimes.cn/articles/117766/20190827/production-of-tesla-model-3-in-gigafactory-3-in-china-has-begun.htm EUROPE PLUG-IN SALES FOR 2019 H1 "Plug-in vehicle sales in Europe reached 259 000 units in the first half of 2019, 34 % higher than for 2018 H1. These include all Battery Electric Vehicles (BEV) and Plug-in Hybrids (PHEV) in EU and EFTA countries, passenger cars and light commercial vehicles." reports Roland Irle, EV-volumes.com: "Demand and supply experiences a profound shift towards pure electric vehicles (BEV). While their share in plug-in sales was 51 % for 2018 H1, it has increased to 68 % for 2019 H1. The change reflects the introduction of the more stringent WLTP for fuel economy ratings, changes in taxation/grants promoting more BEV uptake and better supply of long-range BEVs. Germany and the Netherlands were the strongest growth contributors, in terms of volumes. Germany has become the largest market for plug-ins in Europe, displacing Norway to the #2 position for the first time. Norway is still the word leader in EV uptake, with a share of 47 % in this year's light vehicle sales, up 10 %-points from 2018 H1." And it pains me to say: "Among the top-15 markets, UK is the only one in reverse this year. PHEVs lost their subsidies and BEV get 1000 GBP less than last year. The UK plans to set the BIK (Benefit In Kind) for company car taxation to zero for BEVs, starting in April 2020. This will postpone many BEV purchases to next year in the UK. Meanwhile, neighbour Ireland has become the fastest growing plug-in market in Europe." Why is BIK at 0% such a big deal? "If you have a company car which is made available for private use (i.e you take it home in the evenings and at weekends), the taxman will apply a benefit-in-kind value to the vehicle. To work out the BIK value of a company car, you multiply the car’s P11D value by the percentage banding the car sits in." Example, a car costs £40,000, it emits 125g/CO2 per km, and is therefore in band 30%, that's £12,000. You then take £12,000 and multiply it by your personal tax band, if you pay 40% tax, then you're paying £4800 every year to the taxman for the privilege of taking that car home at night. Oh and there's an extra 4% tax for diesel. And it gets better, because for EV's only: "the cost of the car could be deducted from the salary pre-tax to pay for a vehicle on the scheme, with the employee effectively paying tax only on the BIK charge." http://www.ev-volumes.com/ https://www.parkers.co.uk/company-cars/what-is-bik/ 2020 CHEVY BOLT IS U.S.’ MOST AFFORDABLE EV PER MILE OF RANGE "After Chevrolet announced the 2020 Bolt EV range and price at 259 miles (417 km) and $37,495 (including $875 destination fee), it now has the lowest price (MSRP + destination charge) per mile of EPA range. The 2020 Bolt EV is #1 at $145 per mile, which is $2 less than the Hyundai Kona Electric and $13 less than the previous 2019 model year Bolt EV." says InsideEVs: "Chevrolet intends to start selling the 2020 Bolt EV this year, but it's rather unlikely we'll see it in Q3, which means we should stick with $135 per mile because that accounts for an extra $1,875 Federal Tax Credit. Of course, another thing is the real world price per mile, after including all the discounts from manufacturer and dealers, but that's untraceable." https://insideevs.com/news/366829/chevrolet-bolt-most-affordable-evs-per-mile/ PORSCHE TAYCAN CROWNED FASTEST FOUR-DOOR EV AT THE NURBURGRING "Porsche is once again demonstrating the performance benefits to embracing electrification with the upcoming Taycan. Ditching the combustion engine altogether, the pure electric vehicle has set a new record for four-door EVs at the Nürburgring by lapping the famous German circuit in 7 minutes and 42 seconds." according to Motor1.com: "Porsche specifies the vehicle used for the record-breaking run was the range-topping variant with dual electric motors, one for each axle. Equipped with all-wheel drive and all-wheel steering, the EV riding on 21-inch wheels offered more than 600 horsepower at the driver’s disposal." https://www.motor1.com/news/367076/taycan-four-door-ev-nurburgring-record/ VOLKSWAGEN ID 4X SPY SHOTS REVEAL CROZZ "The model that’s leading Volkswagen’s electric-car push—and what Volkswagen has called the replacement for the e-Golf, the city-focused ID 3 hatchback, isn’t coming to America." says Bengt for Green Car Reports: "the U.S. will be getting the second model, a rugged-themed, somewhat taller crossover hatchback based on the ID Crozz concept from 2017. Size-wise, it’s one of the most popular segments of the market, comparable to the Ford Escape, Toyota RAV4, or Honda CR-V—or the Tesla Model Y. While the ID 3 will offer three different battery packs—48, 62, and 82 kwh (45, 58, and 77 kwh usable capacity)—we expect only the top two to be offered in the ID 4X. U.S. rated range has not been estimated as of yet, but both will have 100-kw CCS DC fast charging." https://www.greencarreports.com/news/1124726_volkswagen-id-4x-spy-shots-reveal-production-direction-for-crozz-electric-crossover NIU PLANS NEW AFFORDABLE ELECTRIC MOPED BRAND GOVA STARTING AT AROUND $422 "NIU sold nearly 100,000 electric scooters worldwide last quarter, has expanded its sharing programs into over a dozen countries including the United States, and has shown Q2 revenue of US $74.8 million with a year-over-year growth of 38%." reports Micah Toll for electrek: "While NIU’s high-tech, connected scooters are firmly planted in the premium electric scooter category, the company also wants to target the medium-level scooter market. To do so, the company is at work on three different mid-range electric scooters for its new Gova line: The Gova G1, Gova G3, and Gova G5. NIU expects the G1 to debut in the price range of US $422-$563. To reach such low prices, the Gova line won’t contain many of the smart features that make NIU’s main line of electric scooters so connected." https://electrek.co/2019/08/25/niu-gova-electric-moped-scooter/ TESLA SCOUTING NEW FACTORY LOCATIONS IN GERMANY "German newspaper Rheinische Post reported on August 25 that representatives from Tesla have been scouting locations for a possible European factory in the state of North Rhine–Westphalia, which is located in western Germany and shares a border with the Netherlands and Belgium" says CleanTechnica today: "Representatives of the government and of Tesla have declined to elaborate further on the subject." https://cleantechnica.com/2019/08/26/tesla-scouting-new-factory-locations-in-germany/ BOLLINGER'S BOXYLICIOUS OFF-ROADING EVS WILL BREAK COVER ON SEPTEMBER 26 "New York-based Bollinger Motors once looked like it would beat automakers big and small to the electric off-roader segment. Rival Rivian stole its thunder by presenting two head-turning concept cars during the 2018 Los Angeles auto show, but Bollinger is ready for a tussle. It's fine-tuning its first prototypes, and it will present them to the public on September 26." writes Autoblog: "The truck depicted in the 50-second long clip is only partially assembled, but we can tell it hasn't changed much visually in its transition from a .jpg to a test mule. It still looks like a retro-inspired, cinder block-shaped Jeep Wrangler-Land Rover Defender cross packed with clever features, including a pass-through that stretches from the frunk to the trunk, six individual removable roof panels, and lots of storage compartments." https://www.autoblog.com/2019/08/26/bollinger-motors-electric-b1-suv-b2-truck-unveiling-scheduled/ QUESTION OF THE WEEK The MYEV.com Question Of The Week. Asking current EV drivers, how often do you charge and why? I want to say a heartfelt thank you to the 244 patrons of this podcast whose generosity means I get to keep making this show, which aims to entertain and inform thousands of listeners every day about a brighter future. By no means do you have to check out Patreon but if it’s something you’ve been thinking about, by all means look at patreon.com/evnewsdaily PHIL ROBERTS / ELECTRIC FUTURE (PREMIUM PARTNER) BRAD CROSBY (PREMIUM PARTNER) AVID TECHNOLOGY (PREMIUM PARTNER) DAVID ALLEN (PARTNER) OEM AUDIO OF NEW ZEALAND AND EVPOWER.CO.NZ (PARTNER) PAUL O’CONNOR (PARTNER) BLAKE BOLAND @EVLIFEIRELAND (PARTNER) TRYEV.COM (PARTNER) ALAN ROBSON (EXECUTIVE PRODUCER) ALAN SHEDD (EXECUTIVE PRODUCER) ALEX BANAHENE (EXECUTIVE PRODUCER) ALEXANDER FRANK @ https://www.youtube.com/c/alexsuniverse42 ANDERS HOVE (EXECUTIVE PRODUCER) ARILD GEIR SKAALSVEEN (EXECUTIVE PRODUCER) ASHLEY HILL (EXECUTIVE PRODUCER) BÅRD FJUKSTAD (EXECUTIVE PRODUCER) BARRY PENISTON (EXECUTIVE PRODUCER) BOB MUIR / GINGERCOMPUTERS.COM IN DUNDEE (EXECUTIVE PRODUCER) BORISLAV BORISOV (EXECUTIVE PRODUCER) BRENT KINGSFORD (EXECUTIVE PRODUCER) BRIAN THOMPSON (EXECUTIVE PRODUCER) BRIAN WEATHERALL (EXECUTIVE PRODUCER) CESAR TRUJILLO (EXECUTIVE PRODUCER) CHARLES HALL (EXECUTIVE PRODUCER) CHRIS HOPKINS (EXECUTIVE PRODUCER) COLIN HENNESSY (EXECUTIVE PRODUCER) CRAIG COLES (EXECUTIVE PRODU CER) CRAIG ROGERS (EXECUTIVE PRODUCER) DAMIEN DAVIS (EXECUTIVE PRODUCER) DAN FAIRS (EXECUTIVE PRODUCER) DARREN BYRD (EXECUTIVE PRODUCER) DARREN SANT FROM YORKSHIRE EV CLUB (EXECUTIVE PRODUCER) DAVE DEWSON (EXECUTIVE PRODUCER) DAVID BARKMAN (EXECUTIVE PRODUCER) DAVID FINCH (EXECUTIVE PRODUCER) DAVID PARTINGTON (EXECUTIVE PRODUCER) DAVID PRESCOTT (EXECUTIVE PRODUCER) DIRK RUTSATZ (EXECUTIVE PRODUCER) DON MCALLISTER / SCREENCASTSONLINE.COM (EXECUTIVE PRODUCER) ENRICO STEPHAN-SCHILOW (EXECUTIVE PRODUCER) FREDRIK ROVIK (EXECUTIVE PRODUCER) FREEJOULE AKA JAMES (EXECUTIVE PRODUCER) GENE RUBIN (EXECUTIVE PRODUCER) GEORGE CLARGO (EXECUTIVE PRODUCER) IAN GRIFFITHS (EXECUTIVE PRODUCER) JACK OAKLEY (EXECUTIVE PRODUCER) JAMES STORR (EXECUTIVE PRODUCER) JASON FAN (EXECUTIVE PRODUCER) JEFF ERBES (EXECUTIVE PRODUCER) JEFF HELINSKI (EXECUTIVE PRODUCER) JERRY ALLISON (EXECUTIVE PRODUCER) JILL SMITH (EXECUTIVE PRODUCER) JIM MORRIS (EXECUTIVE PRODICERS) JOHN BAILEY (EXECUTIVE PRODUCER) JOHN LACEY FROM CLICK CLACK VIDEO NZ (EXECUTIVE PRODUCER) JON AKA BEARDY MCBEARDFACE FROM KENT EVS (EXECUTIVE PRODUCER) JON KNODEL (EXECUTIVE PRODUCER) JUAN GONZALEZ (EXECUTIVE PRODUCER) KEN MORRIS (EXECUTIVE PRODUCER) KEVIN MEYERSON (EXECUTIVE PRODUCER) KYLE MAHAN (EXECUTIVE PRODUCER) LARS DAHLAGER (EXECUTIVE PRODUCER) LAURENCE D ALLEN (EXECUTIVE PRODUCER) LESZEK GRZYL (EXECUTIVE PRODUCER) LOUIS HOPKIN (EXECUTIVE PRODUCER) LUKE CULLEY (EXECUTIVE PRODUCER) MARCEL LOHMANN (EXECUTIVE PRODUCER) MARCEL WARD (EXECUTIVE PRODUCER) MARLIN SCHELL (EXECUTIVE PRODUCER) MARTIN CROFT (EXECUTIVE PRODUCER) MATT PISCIONE (EXECUTIVE PRODUCER) MATTHEW ELLIS (EXECUTIVE PRODUCER) MATTHEW GROOBY (EXECUTIVE PRODUCER) MAZ SHAR (EXECUTIVE PRODUCER) MIA OPPELSTRUP (EXECUTIVE PRODUCER) MICHAEL PASTRONE (EXECUTIVE PRODUCER) MICHEAEL KYFFIN (EXECUTIVE PRODUCER) MIKE ROGERS (EXECUTIVE PRODUCER) MIKE WINTER (EXECUTIVE PRODUCER) NATHAN GORE-BROWN (EXECUTIVE PRODUCER) NEIL E ROBERTS FROM SUSSEX EVS (EXECUTIVE PRODUCER) NORTHERN EXPLORERS (EXECUTIVE PRODUCER) OHAD ASTON (EXECUTIVE PRODUCER) PAUL RIDINGS (EXECUTIVE PRODUCER) PAUL SEAGER-SMITH (EXECUTIVE PRODUCER) PAUL STEPHENSON (EXECUTIVE PRODUCER) PERRY SIMPKINS (EXECUTIVE PRODUCER) PETE GLASS (EXECUTIVE PRODUCER) PETE GORTON (EXECUTIVE PRODUCER) PETER & DEE ROBERTS FROM OXFORDSHIRE EVS (EXECUTIVE PRODUCER) PHIL MOUCHET (EXECUTIVE PRODUCER) PONTUS KINDBLAD (EXECUTIVE PRODUCER) RAJEEV NARAYAN (EXECUTIVE PRODUCER) RALPH JENSON (EXECUTIVE PRODUCER) RENÉ SCHNEIDER (EXECUTIVE PRODUCER) ROB COOLING / HTTP://WWW.APPLEDRIVING.CO.UK/ (EXECUTIVE PRODUCER) ROB HERMANS (EXECUTIVE PRODUCER) ROBIN TANNER (EXECUTIVE PRODUCER) RUPERT MITCHELL (EXECUTIVE PRODUCER) SABBY THE CAT (EXECUTIVE PRODUCER) SARAH MCCANN (EXECUTIVE PRODUCER) SARI KANGASOJA (EXECUTIVE PRODUCER) SEIKI PAYNE (EXECUTIVE PRODUCER) STEVE JOHN (EXECUTIVE PRODUCER) STUART HANNAH (EXECUTIVE PRODUCER) THE LIMOUSINE LINE SYDNEY (EXECUTIVE PRODUCER) THE PLUGSEEKER – EV YOUTUBE CHANNEL (EXECUTIVE PRODUCER) TIM GUTTERIDGE (EXECUTIVE PRODUCER) WILLIAM LANGHORNE (EXECUTIVE PRODUCER) ZACK HURST (EXECUTIVE PRODUCER) You can listen to all 561 previous episodes of this this for free, where you get your podcasts from, plus the blog https://www.evnewsdaily.com/ – remember to subscribe, which means you don’t have to think about downloading the show each day, plus you get it first and free and automatically. It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I’ll catch you tomorrow and remember…there’s no such thing as a self-charging hybrid. CONNECT WITH ME! EVne.ws/itunes EVne.ws/tunein EVne.ws/googleplay EVne.ws/stitcher EVne.ws/youtube EVne.ws/iheart EVne.ws/blog EVne.ws/patreon Check out MYEV.com for more details: https://www.myev.com
Welcome to the world’s first Straight-Talk Solar Cast! This is your go-to podcast for answers about solar! The 30% Federal Tax Credit is declining to 26% percent on January 1st, 2020. In this week's podcast, we discuss how that change is affecting today's solar customer, what to expect, and the overall impact the tax credit has on solar decisions. About Jamie Duran & Solar Harmonics Brought to you by Solar Harmonics in Northern California, who invite their customers to “Own Their Energy” by purchasing a solar panel system or their home, business, or farm. You can check out the website for the best solar energy equipment installer, Solar Harmonics, here. Each episode we discuss questions facing people making the decision to go solar. The solutions to your questions are given to you – straight – by one of the leading experts in the solar industry, Jamie Duran, president of Solar Harmonics. Feel free to search our library for answers to questions that you’re facing when considering solar. Produced by Magnified Media Solar Cast is produced by Adam Duran, director of Magnified Media. Based in Walnut Creek, California, Magnified Media is an online marketing agency focused on local SEO, digital marketing, website design, local search ranking and reputation management for businesses of all sizes. Magnified Media helping business owners master their marketing by: - getting them more online reviews, - getting their website seen and - creating engaging social media content. In his spare time Adam enjoys working as the volunteer director of Delta Education Foundation and DeltaLAX, the Delta's first youth lacrosse league.
Kyle Ritland of Sun Valley Solar Solutions discusses how your solar energy system works in relation to your utility provider. Leasing versus buying a solar system for your home. Update on battery storage. Plus the 30% Federal Tax Credit ends this year!
Show #394. Can You Help Me Fight The Fossils? Read More About Patreon here EVne.ws/patreon Read today’s show notes on https://www.evnewsdaily.com Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Thursday 21st February 2019. It’s Martyn Lee here and I’ve been through every EV story I could find today, and picked out the best ones to save you time. Thank you to MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. And welcome to the latest three members of the Patreon gang, plus David who increased his support. So first up DAVID BARKMAN joined up in January as a Producer and upped his pledge to EXECUTIVE PRODUCER. Hello to new Producer BIRKIN and new EXECUTIVE PRODUCERS RAJEEV NARAYAN (thank you for sending me the story about the surge of Model 3 orders in China) and PHIL MOUCHET. And finally LESZEK GRZYL from VR-Here and I’ll tell you more about them at the end of the show. MERCEDES BENZ EQC UPDATE A few things I've picked up about the EQC. I didn't realise there were two versions, the EQC 300 is the base model. And then there's the EQC 400. Both top out at 112mph maximum speed. 402 bhp (300kW) and 564 pound-feet of torque. There is an optional AMG styling package. The horizontal light bar which runs the width of the car is no longer special, you see them on the new Audi's and Porsches. But how about this, a full width horizontal white light bar across the front of the car. It's official called the 2021 EQC but will be with dealers in 2020. Final calibration is currently being done in icy climates for the front motor, which is for low and medium speed efficiency, and the rear motor for high performance. Sport Mode, Comfort Mode and Eco Mode. Ground clearance of 5 inches and MB clear it's NOT an SUV. 80kWh battery, 110 KW charge speed. "In 2018, Mercedes-Benz sold a total of 674,125 vehicles (including Smart) in China with a year-on-year growth of 10.3%. The German premium car brand plans to roll out 15 new models in this country, including the new E-Class, the mid-cycle refresh GLC L, the all-new GLE and the all-new EQC, the automaker told local media on January 29." according to InsideEVs: "The all-new Mercedes-Benz EQC is likely to be produced by Beijing Benz in early 2019 and go on sale in the second half of the year." HYUNDAI KONA ELECTRIC IS U.S. CHEAPEST EV PER MILE OF RANGE Mark Kane at InsideEVs says: "When comparing the all-electric models that are available in the U.S., we found that the Kona Electric has the lowest ratio of price (MSRP + destination charge) per mile of EPA range, by a significant margin – $145/mile ($90/km). The second best result – Chevrolet Bolt EV – is 9% higher ($158/mile)." It's interesting how much the Federal Tax Credit comes into play if you assume it applies to all EV buyers, and that it's still the full $7500 for the Kona. "The reason behind the more affordable “price of range” lies in the combination of an attractive price, high battery capacity as well as long-range (energy efficiency). Base price: $37,495. Effective base price: $29,995 after including $7,500 federal tax credit, Battery: 64 kWh and Range: 258 miles (415 km) EPA" https://insideevs.com/hyundai-kona-electric-cheapest-ev-range/ FIRST ELECTRIC VOLVO TRUCKS DELIVERED TO CUSTOMERS "Volvo Trucks delivered its first all-electric vehicles on 19 February: a refuse truck to waste and recycling company Renova, and a distribution truck to the logistics company DB Schenker and partner haulier TGM, operating in Sweden." reports Green Car Congress: "The Volvo FL Electric trucks are part of a pre-series developed in collaboration with selected customers. Series production of the Volvo FL Electric and its powerful sibling, the Volvo FE Electric, will commence with a limited number of trucks for the European markets in the second half of 2019." https://www.greencarcongress.com/2019/02/20190220-volvo.html PEUGEOT PRESENTS NEW ‘E-MOTION’ ELECTRIC BRAND SIGNATURE Peugeot updated their brand identity today, with more details to be shows at the Geneva Motor Show. It's Motion and eMotion. They say: "The addition of an electric “e”, with a green and blue dichroic sheen, now symbolises the brand’s position on the major challenges of the energy transition. MOTION & e-MOTION has already signed the communication campaigns of the PEUGEOT e-Legend Concept and the PHEV technology deployed at the end of the year on the PEUGEOT 3008, 508 sedan and 508 SW. From the 2019 Geneva Motor Show, this new signature will be rolled out in every country and every statement of the brand" TESLA MODEL 3 EMPLOYEE LEASING COMING SOON, GENERAL PUBLIC LATER "Tesla employees may be allowed to lease the Model 3 in about two weeks. Does this mean only employees will be able to lease the Model 3 or will it be opened up to the masses?" asks InsideEVs: "The story goes on to say that Tesla did confirm that the email was real. However, the automaker was clear that the email was simply an internal document to prepare employees. The automaker also made it clear that there has been no official decision about when leasing may start, except that it will begin sometime after the timeframe suggested in the letter. So, basically, employees may be able to lease soon, but the general public will have to wait an undisclosed amount to time before leasing is available." ELON TWEETS! PRODUCTION RATE OF 500,000 BY END OF 2019 “Tesla made 0 cars in 2011, but will make around 500k in 2019” “Meant to say annualized production rate at end of 2019 probably around 500k, ie 10k cars/week. Deliveries for year still estimated to be about 400k.” MUSK ON AUTOPILOT Elon appeared on ARK Invest’s weekly For Your Innovation podcast. Teslarati say: "Musk noted that carmakers that showed interest in Autopilot have requested Tesla to change aspects of the software before it can be shared. Such requests, according to Musk, bring an unnecessary addition to Tesla engineering’s overhead." Elon said: “Generally, we’ve found that it’s like, it’s not easy to work with traditional automakers. It’s not like; they’re not exactly banging on our doors to work with us. On the patents, they have, that’s very different from say, creating an integrated system. So if there’s an automaker out there that wants to implement this same hardware system as Tesla and use our software, we would be very open to it. But we’re not gonna change it. What has happened is that they’d want to work with us, but they’ll say, ‘Oh, but we want you to change the following, like, six things.’ Like, no, because it’s gonna slow us down massively. If you want to use exactly our thing, that’s fine, but they don’t want to use exactly our thing. We’re open to other automakers using our Supercharger Network; we’re open to them using our Autopilot system — they just need to make it work without a ton of overhead to Tesla engineering.” And on the subject of hardware: "Musk reiterated a point he made last year, stating that everyone who purchased Full Self-Driving would be getting Tesla’s Hardware 3 upgrade for free. Musk also explained that as neural networks used for Autopilot and Full Self-Driving features get more advanced, it becomes more challenging to optimize software according to a given hardware’s limitations — something that Tesla is already employing in its current NVIDIA hardware. Musk was ultimately optimistic about the improvements offered by Hardware 3, stating that the custom-built solution has not “tapped out” yet despite intensive tests. " Elon said: "“So right now, we can process on the order of 100 frames a second and we really need to do a lot of work in terms of cropping the frames, and sort of bending the pixels, and not going to full resolution on all cameras, that kind of thing with the current hardware. We’re at full frames, full resolution with the Tesla hardware. All cameras, at full resolution, full frames, and it still hasn’t tapped out.”" https://www.teslarati.com/tesla-autopilot-sharing-elon-musk/ PORSCHE TAYCAN SPORT TURISMO ELECTRIC WAGON SPIED TESTING IN EUROPE "this new batch of photos of the Taycan Sport Turismo wagon might give us our best look yet at the all-electric four-door Porsche." says Autoblog; "The two lower air intakes appear to have flaps that open and close, likely to improve airflow at certain speeds. The sensors for radar cruise control are placed right in the center, similar to the placement on the new 2020 Porsche 911." https://www.autoblog.com/2019/02/20/porsche-taycan-sport-turismo-electric-wagon-spy-photos/ BMW TO UNVEIL NEW GENERATION OF PLUG-IN-HYBRID MODELS IN GENEVA "The BMW stand at the International Motor Show 2019 in Geneva focuses on the company’s continuing model offensive in the luxury segment and the ongoing expansion of its range of vehicles with electrified drive systems." Just a few weeks after being unveiled to the world, the new BMW 7 Series luxury sedan is making its show debut. In addition, the premium carmaker presents its 4th generation of Plug-In-Hybrid powertrains, setting a clear mark for the importance of this technology aside from fully-electric cars: BMW 745e iPerformance (in three versions: BMW 745e, BMW 745Le, BMW 745Le xDrive) BMW 330e Sedan BMW X5 xDrive45e" COMMUNITY And thanks to MYEV.com they’ve set us another Question Of The Week. Keep your comments coming in on email and YouTube… Is there room for startup EV makers to succeed or will the oncoming rush of models from the established names stifle any newcomers? From Leszek Grzyl: "My business is called vr-here at www.vr-here.co.uk and it is UK's first virtual reality experience centre featuring full body tracking thats using HTC vive, since we opened in May 2016 many other centres opened around UK. I have been driving EV's since 2012, starting from Peugeot iOn , then first Leaf, then Zoe (had two at one stage) and now due to business needs I have BMW i3rex while my wife still has a white Zoe, 22kWh on battery lease." I want to say a heartfelt thank you to the 188 patrons of this podcast whose generosity means I get to keep making this show, which aims to entertain and inform thousands of listeners every day about a brighter future. By no means do you have to check out Patreon but if it’s something you’ve been thinking about, by all means look at patreon.com/evnewsdaily PHIL ROBERTS / ELECTRIC FUTURE (PREMIUM PARTNER) ELECTRICMOTORING.NET (PREMIUM PARTNER) BRAD CROSBY (PREMIUM PARTNER) DAVID ALLEN (PARTNER) OEM AUDIO OF NEW ZEALAND AND EVPOWER.CO.NZ (PARTNER) SASCHA PALLENBERG (PARTNER) JON BEARDY MCBEARDFACE (PARTNER) ALAN ROBSON (EXECUTIVE PRODUCER) ALEXANDER FRANK @ https://www.youtube.com/c/alexsuniverse42 ARILD GEIR SKAALSVEEN (EXECUTIVE PRODUCER) ASHLEY HILL (EXECUTIVE PRODUCER) BÅRD FJUKSTAD (EXECUTIVE PRODUCER) BOB MUIR / GINGERCOMPUTERS.COM IN DUNDEE (EXECUTIVE PRODUCER) BORISLAV BORISOV (EXECUTIVE PRODUCER) BRENT KINGSFORD (EXECUTIVE PRODUCER) BRIAN THOMPSON (EXECUTIVE PRODUCER) BRIAN WEATHERALL (EXECUTIVE PRODUCER) BRYAN YOUNG / CONFT.SHOW PODCAST (EXECUTIVE PRODUCER) CESAR TRUJILLO (EXECUTIVE PRODUCER) CHRIS BENSON (EXECUTIVE PRODUCER) CHRIS HOPKINS (EXECUTIVE PRODUCER) CRAIG COLES (EXECUTIVE PRODUCER) CRAIG ROGERS (EXECUTIVE PRODUCER) DAMIEN DAVIS (EXECUTIVE PRODUCER) DARREN BYRD (EXECUTIVE PRODUCER) DARREN SANT (EXECUTIVE PRODUCER) DAVE DEWSON (EXECUTIVE PRODUCER) DAVID BARKMAN (EXECUTIVE PRODUCER) DAVID FINCH (EXECUTIVE PRODUCER) DAVID PARTINGTON (EXECUTIVE PRODUCER) DAVID PRESCOTT (EXECUTIVE PRODUCER) DIRK RUTSATZ (EXECUTIVE PRODUCER) DON MCALLISTER / SCREENCASTSONLINE.COM (EXECUTIVE PRODUCER) FREDRIK ROVIK (EXECUTIVE PRODUCER) GEORGE CLARGO (EXECUTIVE PRODUCER) JACK OAKLEY (EXECUTIVE PRODUCER) JASON FAN (EXECUTIVE PRODUCER) JEFF ERBES (EXECUTIVE PRODUCER) JERRY ALLISON (EXECUTIVE PRODUCER) JOHN BAILEY (EXECUTIVE PRODUCER) JON KNODEL (EXECUTIVE PRODUCER) JON TIMMIS (EXECUTIVE PRODUCER) JUAN GONZALEZ (EXECUTIVE PRODUCER) KEN MORRIS (EXECUTIVE PRODUCER) KEVIN MEYERSON (EXECUTIVE PRODUCER) LARS DAHLAGER (EXECUTIVE PRODUCER) LAURENCE D ALLEN (EXECUTIVE PRODUCER) LESZEK GRZYL (EXECUTIVE PRODUCER) LOUIS HOPKIN (EXECUTIVE PRODUCER) LUKE CULLEY (EXECUTIVE PRODUCER) MARCEL LOHMANN (EXECUTIVE PRODUCER) MARCEL WARD (EXECUTIVE PRODUCER) MARTIN CROFT (EXECUTIVE PRODUCER) MATT PISCIONE (EXECUTIVE PRODUCER) MATTHEW ELLIS (EXECUTIVE PRODUCER) MATTHEW GROOBY (EXECUTIVE PRODUCER) MAZ SHAR (EXECUTIVE PRODUCER) MICHAEL PASTRONE (EXECUTIVE PRODUCER) MIKE ROGERS (EXECUTIVE PRODUCER) NEIL E ROBERTS FROM SUSSEX EVS (EXECUTIVE PRODUCER) PAUL SEAGER-SMITH (EXECUTIVE PRODUCER) PAUL STEPHENSON (EXECUTIVE PRODUCER) PETE GLASS (EXECUTIVE PRODUCER) PHIL MOUCHET (EXECUTIVE PRODUCER) PHILIPPE CALVE (EXECUTIVE PRODUCER) RAJ BADWAL (EXECUTIVE PRODUCER) RAJEEV NARAYAN (EXECUTIVE PRODUCER) RENÉ SCHNEIDER (EXECUTIVE PRODUCER) ROD JAMES (EXECUTIVE PRODUCER) RUPERT MITCHELL (EXECUTIVE PRODUCER) SARAH MCCANN (EXECUTIVE PRODUCER) SCOTT CALLAHAN (EXECUTIVE PRODUCER) SEIKI PAYNE (EXECUTIVE PRODUCER) STEVE JOHN (EXECUTIVE PRODUCER) STUART HANNAH (EXECUTIVE PRODUCER) THE LIMOUSINE LINE SYDNEY (EXECUTIVE PRODUCER) WALTER MACVANE (EXECUTIVE PRODUCER) ZACK HURST (EXECUTIVE PRODUCER) You can listen to all 393 previous episodes of this this for free, where you get your podcasts from, plus the blog https://www.evnewsdaily.com/ – remember to subscribe, which means you don’t have to think about downloading the show each day, plus you get it first and free and automatically. It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I’ll catch you tomorrow and remember…there’s no such thing as a self-charging hybrid. CONNECT WITH ME! EVne.ws/itunes EVne.ws/tunein EVne.ws/googleplay EVne.ws/stitcher EVne.ws/youtube EVne.ws/iheart EVne.ws/blog EVne.ws/patreon Check out MYEV.com for more details:
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including several important updates regarding the Tesla Model 3, a new hope for the electric vehicle federal tax credit, some updates regarding the Porsche Taycan, and more. Support our show! The Electrek Podcast is me, Fred Lambert, editor-in-chief of Electrek, and Seth Weintraub, founder and publisher of Electrek and the 9to5 network, discussing all our top stories of the week while taking questions from our readers and highlighting the most insightful comments on the site. The show is live every Friday at 4pm ET on Electrek’s YouTube channel. Head to the YouTube channel to get your questions and comments in. After the show ends at around 5pm ET, the video will be archived on YouTube and the audio will be available on all your favorite podcast apps through our RSS feed: https://electrek.co/podcastRSS. For the Apple Podcasts app, grab the quick link to iTunes here. We now have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming. Here are a few of the articles that we will discuss during the podcast today: Tesla launches new Model 3 with ‘mid-range’ battery for $45,000, changes pricing structure Tesla is now able to maintain production of close to 1,000 vehicles per day Tesla removes ‘Full Self-Driving Capability’ package from its options due to ‘confusion’ Tesla starts advertising quicker 0-60 mph acceleration for Model 3 Performance Taking a Tesla Model 3 Performance to the dragstrip A Tesla-powered Honda S2000 runs quarter-mile in 10 seconds Tesla’s stock (TSLA) jumps as judge approves settlement of SEC’s complaint against Elon Musk Elon Musk is buying $20 million more of Tesla shares – seemingly to compensate for SEC settlement fine Tesla aims for new neural net computer in production in 6 months, results in 500-2000% increase in ops/sec, says Elon Musk Elon Musk sees ‘foolish oversight’ of Tesla’s service coverage, announces major expansion of service centers New Republican bill could remove federal tax credit cap for EVs after Tesla hits 200k Porsche says that it ‘enters the electric era with the new Taycan’, makes progress toward production Porsche asks more of dealers to prepare for Taycan’s arrival with 200 more charging stations Porsche Taycan to be priced between Cayenne and Panamera (~$75,000), says program director Porsche greenlights all-electric Taycan CUV for production based on stunning Mission E Cross Turismo concept Jaguar starts I-Pace deliveries to customers in the US Here’s the live stream for today’s episode starting at 4pm ET (or the video after 5pm ET): https://www.youtube.com/watch?v=xf8bJf0x4Ww
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including Tesla Model 3 safety and production news, and a worrying effort to end the federal tax credit for electric vehicles. Support our show! The Electrek Podcast is me, Fred Lambert, editor-in-chief of Electrek, and Seth Weintraub, founder and publisher of Electrek and the 9to5 network, discussing all our top stories of the week while taking questions from our readers and highlighting the most insightful comments on the site. The show is live every Friday at 4pm ET on Electrek’s YouTube channel. Head to the YouTube channel to get your questions and comments in. After the show ends at around 5pm ET, the video will be archived on YouTube and the audio will be available on all your favorite podcast apps through our RSS feed: https://electrek.co/podcastRSS. For the Apple Podcasts app, grab the quick link to iTunes here. We now have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming. Here are a few of the articles that we will discuss during the podcast today: Tesla Model 3 achieves lowest probability of injury of any vehicle ever tested by NHTSA Watch all the Tesla Model 3 crash test videos Tesla officially launches version 9 software update, demonstrates new features in quick videos Tesla starts quarter strong with production of over 11,500 vehicles, including >7,000 Model 3s Republican introduces new bill to end the $7,500 federal tax credit for electric cars and tax them more instead Tesla sets deadline on new orders to get delivery and full tax credit by end of the year Tesla aims to have 20,000 employees at Gigafactory 1, could invest in local housing, says Elon Musk Tesla is bidding on a $145 million piece of land for much-needed Gigafactory 3 in China Tesla launches new Gloss Black Wall Connector Tesla increases the price of the Powerwall as demand greatly outpaces production Norway reportedly has over 30,000 electric vehicle pre-orders, Tesla Model 3 and Audi e-tron to make huge impact Bollinger unveils all-electric B2 pickup truck Here’s the live stream for today’s episode starting at 4pm ET (or the video after 5pm ET): https://www.youtube.com/watch?v=iERHJISr8rw
The US federal tax credit situation has been finalized. I’ll give you all the details on how much longer it’ll last. Plus: Tesla officially names Shanghai as the site of its third Gigafactory, Elon Musk gives me an update on Performance Model 3 deliveries, select Model X 100Ds get a free performance boost, and more! If you enjoy the podcast and would like to support it, please check out my Patreon at www.patreon.com/teslapodcast and consider a pledge. Every little bit helps! Don't forget to leave a message on the Ride the Lightning hotline anytime with a question, comment, or discussion topic for next week's show! The toll-free number to call or Skype is 1-888-989-8752. And if you're buying a Model S or Model X, use this referral code in order to get free unlimited lifetime Supercharging (which is no longer available otherwise)! http://ts.la/patrick5008
– Discussion on Tesla reaching agreement to develop a wholly-owned Gigafactory in Shanghai – Clarity on US federal EV tax credit Links: Email > tesladailypodcast@gmail.com Twitter > @teslapodcast Patreon > patreon.com/tesladailypodcast Executive producer Jerome Jorden Executive producer Rob Gill Music by Evan Schaeffer Disclosure: Rob Maurer is long TSLA stock The post Gigafactory 3 in China, US Federal Tax Credit (07.12.18) appeared first on TechCast Daily.
– Discussion on TSLA’s interesting stock price movement on 07/02 – Thoughts on Q2 official production and delivery numbers – InsideEVs believes Tesla triggered the beginning of the US federal EV tax credit in Q2 Homework: Elon Musk vs. Short Sellers Links: Email > tesladailypodcast@gmail.com Twitter > @teslapodcast Patreon > patreon.com/tesladailypodcast Executive producer Jerome Jorden Executive producer Rob Gill Music by Evan Schaeffer Disclosure: Rob Maurer is long TSLA stock The post Did Tesla Really Trigger the Federal Tax Credit Phaseout in Q2? Thoughts on TSLA, Q2 Delivery/Production Numbers (07.03.18) appeared first on TechCast Daily.
COSERV is offering a Solar Rebate Program paying $0.45 per watt of solar installed. Depending on the size of the system installed on your home you'll get a rebate check between $1,800.00 and $4,800.00 or more from COSERV. Combine these rebates with other incentives like the 30% Federal Tax Credit and the Tifosity Solar rebate and you can save almost 50% on the total cost of installing solar on your home! Putting solar on your home protects you and your family from future rate increases for electricity, which can save you thousands of dollar in the coming years. Installing solar also increases the value of your home! Statistics show solar increases the value of your home by just about the same amount as you paid to have it installed. This means installing a system valued at $20,000 will add about $20,000 to the value of your home. It's also been shown that a home with solar installed sells in half the time of a similar home that doesn't have solar. www.tifosity.com
Subscribe http://www.youtube.com/subscription_c... For more free information on credit and credit scoring check out my blog at http://www.thecreditguy.tv Join me on LinkedIn at http://www.linkedin.com/in/thecreditg... Follow me on Twitter at http://www.twitter.com/TheCreditGuyTV Like the Facebook Page http://www.facebook.com/TheCreditGuy Follow my Pinterest board http://www.pinterest.com/thecreditguy
In this episode we cover some of the news from the past few months. There have been some good and bad things that have happened in the industry. The CPUC extended the Net Metering rule with California Utilities with some changes. Federal Tax Credit was extended for another 5 years. Nevada and Hawaii took away net metering and SolarCity pulled out of the states. Get educated on the solar industry and become part of the change.
The federal investment tax credit has enabled dramatic growth in the U.S. solar industry. But its looming expiration in 2017 is causing some within the solar business to ask: will it still be needed to continue that growth? The industry’s national lobbying group unequivocally supports an extension. President Obama supports a permanent credit. But some believe installers will still be able to compete in many markets, even when the credit goes to 10% for commercial and third-party owned systems and zero for everything else. In this week’s episode, Barry Cinnamon of Cinnamon Solar joins the Energy Gang to debate the necessity of the federal tax credit. He argues that it will destroy smaller installation companies like his, and talks about how to prepare for the change. Later in the show, we’ll explain why Germany’s grid didn’t implode during last week’s solar eclipse. Then, we’ll look at Senate Majority Mitch McConnell’s bid to stop EPA carbon regulations by lobbying state regulators and relying on arguments from a famous constitutional law professor. This podcast is sponsored by Kaco New Energy, a leading manufacturer of solar PV inverters for every size and module type. The Energy Gang is produced by Greentechmedia.com. The show features weekly discussions between energy futurist Jigar Shah, energy policy expert Katherine Hamilton and Greentech Media Editor Stephen Lacey.