How Far Can a Gas Truck & an Electric Ford Lightning Go Towing the Same Camper On ONE Fill-up?

[caddieman]

2 hours ago, coorslite21 said:

 

 

 

How to Invest in Hydrogen, an Alternative to Fossil Fuel Energy

Hydrogen is a promising alternative energy source to fossil fuels but is in direct competition with lithium-based batteries.

• THESTREET STAFF
• AUG 3, 2022 6:31 PM EDT

 

 

Hydrogen is being used in fuel cell electric vehicles. But there is potential for it to be used in combustion engines of heavy-duty vehicles.

Canva

CONTENTS

• What Is Hydrogen?
• How Is Hydrogen Produced?
• How Big Is the Hydrogen Market?
• How Is Hydrogen Used?
• How to Invest in the Hydrogen Market
• What’s the Bottom Line on Investing in Hydrogen?

What Is Hydrogen?

Hydrogen is touted as an alternative and clean energy source that can power electric vehicles, releasing nothing but water vapor and heat into the atmosphere. The electrolysis process of separating water into two atoms of hydrogen and one atom of oxygen, though, is power intensive—it requires large amounts of electricity.

Hydrogen is becoming popular among alternative energy sources, but production in large quantities is limited. It faces competition—at the consumer and commercial levels—from lithium-based batteries, which have become the dominant source in powering electric vehicles. It’s also a highly flammable gas, making storage and transportation a challenge.

Want to know what our Real Money experts are trading right now? Sign up for TheStreet's free email newsletter Daily Booyah!

How Is Hydrogen Produced?

Production of hydrogen varies by method—natural gas reforming/gasification, electrolysis, renewable liquid reforming, fermentation (via biomass)—and these are differentiated by color designation. The prevalent preferred method is production without harmful greenhouse gas emissions, and that is classified as green hydrogen. Solar, wind, and biomass energy are among the alternative power sources used to produce this type of clean hydrogen. The term yellow hydrogen applies specifically to production via solar power.

Other methods classified as blue, gray, black, and brown require the use of fossil fuels, namely natural gas and coal, and these methods release greenhouse gases into the atmosphere. Natural gas, for example, is combined with high-temperature steam to produce hydrogen.

Hydrogen produced by nuclear energy is called pink, purple, or red. White hydrogen is naturally occurring and can be captured via fracking. Turquois is the latest form of hydrogen—it is produced from methane but emits low levels of greenhouse gases.

Currently, the bulk of hydrogen produced in the U.S. is from natural gas and coal, but the push is to increase production through electrolysis via solar and wind.

Still, the efficiency of hydrogen may not be on par with batteries due to systemic loss during production, storage and delivery. 

How Big Is the Hydrogen Market?

One estimate forecasts the entire hydrogen generation market jumping from $150 billion in 2021 to $220 billion in 2028. As of August 2022, there were few large-scale projects being undertaken to produce green hydrogen because of the high costs involved in creating the facilities and the amount of space required to accommodate large arrays of solar panels.

The U.S. and a small number of countries, including Australia and China, are backing projects to produce green hydrogen in large quantities with the aim of bringing the cost of hydrogen to a level that’s competitive with lithium batteries and gasoline. In 2021, the U.S. Department of Energy aimed to reduce the cost of clean hydrogen to $1 per 1 kilogram in 1 decade, in a plan dubbed 1-1-1.

California is the most ambitious among the 50 states to focus on hydrogen-fueled cars, and its energy commission worked with Toyota Motor Co. and Honda Motor Co. in the construction of hydrogen charging stations in California. Almost all of the hydrogen stations in the U.S. are in California.

How Is Hydrogen Used?

The production of hydrogen is largely for use in the automotive sector—in fuel cells for electric vehicles or using it outright as a compressed fuel for combustion engines. Hydrogen in fuel cell electric vehicles (FCEVs) is used to create a chemical reaction that produces electricity.

Scroll to Continue

TheStreet Dictionary Terms

 

 

How to Invest in the Lithium That’s Driving the EV Market

JUL 19, 2022 7:32 PM EDT

 

 

What Are ETFs and How Do They Work?

JUN 30, 2022 5:00 PM EDT

 

 

What Is Cost of Goods Sold? Definition, Calculation & FAQ

MAR 23, 2022 9:45 AM EDT

Toyota’s Mirai passenger car has a range of up to 402 miles on a single charge with its fuel cell, and that is comparable to the long-range performance of 405 miles on Tesla’s Model S. By comparison, the Honda Civic can travel up to 520 miles. But the costs vary, with hydrogen the most expensive.

As of August 3, 2022, the price of hydrogen in San Francisco was about $20 a kilogram. The cost of fueling a 5-kilogram capacity Toyota Mirai would set its owner back $100. That compares to about $26 for Tesla’s long-range Model S, and about $70 for a full tank of gas for a Honda Civic. If the U.S. government were to realize its goal cost of $1 a kilogram by the 2030s, hydrogen could become the cheapest source to power vehicles.

While battery performance may be practical for passenger vehicles, such performance on heavy-duty vehicles is poor. That’s where hydrogen could have a greater advantage. For this reason, heavy-duty vehicle manufacturers such as JCB of the U.K. and Caterpillar Inc. are working on hydrogen-powered combustion engines. The engines are similar to gas combustion engines but are configured to accept hydrogen as the fuel source and have zero-carbon emissions.

How to Invest in the Hydrogen Market

Hydrogen is a niche market that is quite volatile. Companies span the globe, mainly in developed countries with the resources to build facilities and scale up technology on hydrogen. While there is no open market price on hydrogen as there is with materials like copper that trade on commodities exchanges, portfolio exposure to hydrogen can be achieved via indexes, exchange-traded funds, and individual stocks.

Indexes

Investing in hydrogen is still in its early stages, and there is at least one index on which exchange-traded funds and stocks can be benchmarked. The Solactive Global Hydrogen Industry Index NTR focuses on more than 20 stocks, including shares of companies engaged in hydrogen production, fuel cell technology, and distribution.

Below is a graph of Solactive’s ETF from inception in mid-June 2021 to early August 2022.

 

 

Solactive's ETF in early August 2022 was well below its starting point in June 2021.

Screenshot via Solactive

ETFs

Exchange-traded funds that focus on hydrogen are relatively new, but there are some ETFs that have been around for more than a year. One of the newer funds is the Global X Hydrogen ETF (NASDAQ: HYDR) from Mirae Asset Financial Group. According to its mandate, the ETF seeks to invest in companies that run the gamut from hydrogen production to the integration of hydrogen into energy systems. The makeup of the fund is skewed toward companies based in the U.S. and the U.K.

Stocks

Investors and analysts who track indexes and ETFs can review constituent stocks. Companies in the production of hydrogen from renewable sources include Norway-based Nel ASA. Connecticut-based FuelCell Energy and Toyota are among those actively engaged in fuel cell technology.

What’s the Bottom Line on Investing in Hydrogen?

Hydrogen technology remains in its early stages of development, but it has a promising future with the potential to power FCEVs, heavy-duty vehicles, and even aircrafts and ships.

Processing hydrogen has its economic challenges and also poses a unique environmental quandary: Is it worth it to use large amounts of power to produce another type of power? Yet, the same argument can be made for gasoline or jet fuel, two types of fossil fuels that are relied on for travel. And still, unlike crude oil or natural gas, water is a plentiful resource.

Yet, unlike lithium, hydrogen remains an abundant material that has little procurement impact on the environment. Lithium remains the main source of material for batteries but requires invasive mining to extract.

Hydrogen has been derided by Tesla founder Elon Musk, who referred to fuel cells as “fool sells” in a tweet. But the truth of the matter is that government support system" rel="">support is needed to make it a viable alternative energy source.

Just as with any new type of technology, economies of scale will drive costs lower as demand increases down the road—just as battery production costs dropped with increased demand for electric vehicles.

Enjoying the content? Want the most important article of the day delivered to your inbox? Learn more about TheStreet Smarts!

 

 

•  
• Market Holidays
• Customer Service
• Data
• Topic Dictionary
• Subscriptions

© 2022 TheStreet, Inc. All rights reserved. Action Alerts PLUS is a registered trademark of TheStreet, Inc.

 

 

Hydrogen cars won’t overtake electric vehicles because they’re hampered by the laws of science

 

 

Hydrogen has long been touted as the future for passenger cars. The hydrogen fuel cell electric vehicle (FCEV), which simply runs on pressurised hydrogen from a fuelling station, produces zero carbon emissions from its exhaust. It can be filled as quickly as a fossil-fuel equivalent and offers a similar driving distance to petrol. It has some heavyweight backing, with Toyota for instance launching the second-generation Mirai later in 2020. 

The Canadian Hydrogen and Fuel Cell Association recently produced a report extolling hydrogen vehicles. Among other points, it said that the carbon footprint is an order of magnitude better than electric vehicles: 2.7g of carbon dioxide per kilometre compared to 20.9g. 

All the same, I think hydrogen fuel cells are a flawed concept. I do think hydrogen will play a significant role in achieving net zero carbon emissions by replacing natural gas in industrial and domestic heating. But I struggle to see how hydrogen can compete with electric vehicles, and this view has been reinforced by two recent pronouncements 

A report by BloombergNEF concluded: 

Don’t let yourself be misled. Understand issues with help from experts

Get the newsletter

The bulk of the car, bus and light-truck market looks set to adopt [battery electric technology], which are a cheaper solution than fuel cells.

Volkswagen, meanwhile, made a statement comparing the energy efficiency of the technologies. “The conclusion is clear” said the company. “In the case of the passenger car, everything speaks in favour of the battery and practically nothing speaks in favour of hydrogen.” 

Hydrogen’s efficiency problem

The reason why hydrogen is inefficient is because the energy must move from wire to gas to wire in order to power a car. This is sometimes called the energy vector transition. 

Let’s take 100 watts of electricity produced by a renewable source such as a wind turbine. To power an FCEV, that energy has to be converted into hydrogen, possibly by passing it through water (the electrolysis process). This is around 75% energy-efficient, so around one-quarter of the electricity is automatically lost. 

The hydrogen produced has to be compressed, chilled and transported to the hydrogen station, a process that is around 90% efficient. Once inside the vehicle, the hydrogen needs converted into electricity, which is 60% efficient. Finally the electricity used in the motor to move the vehicle is is around 95% efficient. Put together, only 38% of the original electricity – 38 watts out of 100 – are used. 

 

 

With electric vehicles, the energy runs on wires all the way from the source to the car. The same 100 watts of power from the same turbine loses about 5% of efficiency in this journey through the grid (in the case of hydrogen, I’m assuming the conversion takes place onsite at the wind farm). 

 

Energy efficiency in electric vehicles.

You lose a further 10% of energy from charging and discharging the lithium-ion battery, plus another 5% from using the electricity to make the vehicle move. So you are down to 80 watts – as shown in the figure opposite. 

In other words, the hydrogen fuel cell requires double the amount of energy. To quote BMW: “The overall efficiency in the power-to-vehicle-drive energy chain is therefore only half the level of [an electric vehicle].”

Swap shops

There are around 5 million electric vehicles on the roads, and sales have been rising strongly. This is at best only around 0.5% of the global total, though still in a different league to hydrogen, which had achieved around 7,500 car sales worldwide by the end of 2019. 

Hydrogen still has very few refuelling stations and building them is hardly going to be a priority during the coronavirus pandemic, yet enthusiasts for the longer term point to several benefits over electric vehicles: drivers can refuel much more quickly and drive much further per “tank”. Like me, many people remain reluctant to buy an electric car for these reasons. 

China, with electric vehicle sales of more than one million a year, is demonstrating how these issues can be addressed. The infrastructure is being built for owners to be able to drive into forecourts and swap batteries quickly. NIO, the Shanghai-based car manufacturer, claims a three-minute swap time at these stations. 

China is planning to build a large number of them. BJEV, the electric-car subsidiary of motor manufacturer BAIC, is investing€1.3 billion (£1.2 billion) to build 3,000 battery charging stations across the country in the next couple of years. 

Not only is this an answer to the “range anxiety” of prospective electric car owners, it also addresses their high cost. Batteries make up about 25% of the average sale price of electric vehicles, which is still some way higher than petrol or diesel equivalents. 

By using the swap concept, the battery could be rented, with part of the swap cost being a fee for rental. That would reduce the purchase cost and incentivise public uptake. The swap batteries could also be charged using surplus renewable electricity – a huge environmental positive. 

Admittedly, this concept would require a degree of standardisation in battery technology that may not be to the liking of European car manufacturers. The fact that battery technology could soon make it possible to power cars for a million miles might make the business model more attractive. 

It may not be workable with heavier vehicles such as vans or trucks, since they need very big batteries. Here, hydrogen mayindeed come out on top – as BloombergNEF predicted in its recent report. 

Finally a word on the claims on carbon emissions from that Canadian Hydrogen and Fuel Cell Association report I mentioned earlier. I checked the source of the statistics, which revealed they were comparing hydrogen made from purely renwewable electricity with electric vehicles powered by electricity from fossil fuels. 

If both were charged using renewable electricity, the carbon footprint would be similar. The original report was funded by industry consortium H2 Mobility, so it’s a good example of the need to be careful with information in this area.

https://theconversation.com/hydrogen-cars-wont-overtake-electric-vehicles-because-theyre-hampered-by-the-laws-of-science-139899

 

 

[Synopsis]

2 hours ago, nstoolman1 said:

The problem I see when using hydrogen as a fuel for cars is: 

1. Storage. It has to be compressed to a liquid. Very similar to LNG. 

2: How much electricity is needed to produce a liquid gallon?

Don't get me wrong. I am all for it if it gets better mileage and cleaner exhaust. 

The problem is the trade off of dirty air from coal to. Lean air of hydrogen.

 

Interestingly enough, Hydrodgen has one of the highest heat of combustion values per mass and yet one of the lowest heat of combustion values per volume.

 

Higher (HHV) and lower (LHV) heating values 
of some common fuels^[6] at 25 °C

Fuel	HHV			LHV
	MJ/kg	BTU/lb	kJ/mol	MJ/kg
Hydrogen	141.80	61,000	286	119.96
Methane	55.50	23,900	890	50.00
Ethane	51.90	22,400	1,560	47.62
Propane	50.35	21,700	2,220	46.35
Butane	49.50	20,900	2,877	45.75
Pentane	48.60	21,876	3,509	45.35
Paraffin wax	46.00	19,900		41.50
Kerosene	46.20	19,862		43.00
Diesel	44.80	19,300		43.4
Coal (anthracite)	32.50	14,000
Coal (lignite - USA)	15.00	6,500
Wood (MAF)	21.70	8,700
Wood fuel	21.20	9,142		17.0
Peat (dry)	15.00	6,500
Peat (damp)	6.00	2,500

 

Higher heating value 
of some less common fuels^[6]

Fuel	MJ/kg	BTU/lb	kJ/mol
Methanol	22.7	9,800	726
Ethanol	29.7	12,800	1,367
1-Propanol	33.6	14,500	2,020
Acetylene	49.9	21,500	1,300
Benzene	41.8	18,000	3,268
Ammonia	22.5	9,690	382.6
Hydrazine	19.4	8,370	622.0
Hexamine	30.0	12,900	4,200.0
Carbon	32.8	14,100	393.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

https://en.wikipedia.org/wiki/Heat_of_combustion

 

Fuel gases gross and net heating values:

Gas	Gross Heating Value		Net Heating Value
	(Btu/ft3)	(Btu/lb)	(Btu/ft3)	(Btu/lb)
Acetylene (ethyne) - C2H2	1498	21569	1447	20837
Benzene	3741	18150	3590	17418
Blast Furnace gas	92	1178	92	1178
Blue water gas		6550
Butane - C4H10	3225	21640	2977	19976
Butylene (Butene)	3077	20780	2876	19420
Carbon to CO2		14150		14150
Carbon to CO		3960		3960
Carbon monoxide - CO	323	4368	323	4368
Carburetted Water Gas	550	11440	508	10566
Coal gas	149	16500
Coke Oven Gas	574	17048	514	15266
Digester Gas (Sewage or Biogas)	690	11316	621	10184
Ethane - C2H6	1783	22198	1630	20295
Ethyl alcohol saturated with water	1548	12804
Ethylene	1631	21884	1530	20525
Hexane	4667	20526	4315	18976
Hydrogen (H2)	325	61084	275	51628
Hydrogen Sulphide	672	7479
Landfill Gas	476
Methane - CH4	1011	23811	910	21433
Methyl alcohol saturated with water	818	9603
Naphthalene	5859	17298
Natural Gas (typical)	950 - 1150	19500 - 22500	850 - 1050	17500 - 22000
Octane saturated with water	6239	20542	3170	10444
Pentane	3981	20908	3679	19322
Producer gas		2470
Propane - C3H8	2572	21564	2371	19834
Propene (Propylene) - C3H6	2332	20990	2181	19630
Propylene	2336	21042	2185	19683
Sasol	500	14550	443	13016
Sulphur		3940
Toluene	4408	18291	4206	17301
Water Gas (bituminous)	261	4881	239	4469
Xylene	5155	18410

https://www.engineeringtoolbox.com/heating-values-fuel-gases-d_823.html

 

So, hydrogen remains a challenge from a pressure/storage standpoint since the unit volume of the gaseous hydrogen is much lower compared to other fuels.

 

Fuel cell or otherwise.

[Synopsis]

The carbon cycle is by far the preferred and more effective way to go since it is coupled with sunlight and naturally occurring photosynthetic processes existing in nature to generate fuel feedstocks.

 

Integrating carbon dioxide consuming solutions with naturally occurring photosynthetic processes is an optimal solution to sustainable energy consumption.

[coorslite21]

Guess I'll just throw some common sense and logic into the thread.

 

There isn't any way solar and the wind can create enough sustainable energy to make this pipe dream work.

 

Trains, Planes and ground transportation, let alone heating and cooling.....just not possible....

 

Climate change?....Denver had some street flooding today.....2+ inches of Rain....and the lying MSM goes on about it being caused by climate change....

 

In 1976 the watershed in the Estes Park area received 14 inches on about 2 hours.....(no climate change BS back then).....and it came down the Big Thompson canyon as a 70 ft. Wall of Water killing over 170 people....

 

Finally....the US currently creates 13% of the carbon problem......fix it and the 87% is still there......

 

Follow the money....who's cashing in on this "green" movement......    CL

[coorslite21]

Staying with the "stupid" theme it wasn't long ago that these brilliant politicians wanted to use food for fuel.....

 

The problem was it was a net gain of zero..it took 1 unit to create 1 unit..(corn)..as we used up the food source...see link..

 

Sugar cane works much better....1 to 7.....but other than Hawaii....the US doesn't grow much....

 

Hemp was first used by the Ford motor company to fuel their cars, and build the body and frames.....a great deal of potential with hemp...CL 

 

https://www.researchgate.net/figure/Energy-balance-of-ethanol-production-from-1-bushel-of-corn-All-energy-components-are_fig1_225536333

 

 

 

[yota691]

No One is Talking About Electric Car Deaths, So I Have to
452,771 views Jul 22, 2022

 

Scotty Kilmer

Electric car and truck review. Here’s Why These New Electric Trucks Will Cause Thousands of Accidents, DIY and car review Scotty Kilmer. Electric car review. The Deadliest Electric Cars and Trucks on Earth. Buying a new electric car. Buying a used electric truck. Should I buy an electric car. How much does it cost to run an electric car. Why not to buy a electric car or truck. The truth about owning an electric car or truck. Car advice. DIY car repair with Scotty Kilmer, an auto mechanic for the last 54 years.

 

 

missyd0g2
2 weeks ago
At a hospital I worked at. The lithium battery hospital portable workstation shorted out and battery caught on fire. The staff reported the fire shot out like a rocket engine.  The metal box the lithium battery was located melted.  The toxic fumes required evacuation of that hospital floor.

 

Praise The Lord!
11 days ago
As a 21 yr police officer having investigated thousands of collisions, this is spot on. Please stay off the phone while driving, it can be fatal in the blink of an eye. Very tragic and painful to make the death notifications. Drive safe. Thank you Scotty for this.

 

NAVRET
2 weeks ago
Scotty, I’ve heard you say, on several videos, that manually driven cars should not be mixed with autonomous vehicles. I think you hit it on the head there. Put the autonomous vehicles in their own lanes somewhat similar to HOV lanes. I was a programmer for over 30 years and will never trust my life to a program. I know how programmers think and I know how programs are tested. If the steering wheel and brake pedal are removed what are the occupants to do when “Please wait, updating” pops up on the screen? Or “Abort,Retry, Fail”? Game over.

 

Fake Name
2 weeks ago
Thank you for covering this. There's other problems with EV's I'd love to see discussed as well. Additional weight means more wear on tires as well as the roads themselves. The batteries catching on fire is a serious risk and can be worse than gas fires. Batteries die over time and you have to replace them at a huge cost, better to just get a whole new car at that point. Going for a trip? Can't just refuel quickly and get back on the road. Have to wait for it to charge. Not to mention, where does the electricity come from to power these things? Mostly from oil. You can find tons of images of charging stations connected to diesel generators.

[caddieman]

Lol 92,000 electric car deaths! Gospel from YouTube! There has been only 290 deaths in Teslas since 2013.  At least post something that is remotely accurate. 

 

 

 

 

 

 

Edited August 10, 2022 by caddieman

[yota691]

Quote

Lol 92,000 electric car deaths! Gospel from YouTube!

 

Just show you didn't watch the video...and Teslas is not the only maker of Electric cars..

 

Anyhow I'll move on should never replied to a person that think they know it all...

 

The Gospel comes from the Bible not youtube...

 

 

[caddieman]

True Tesla is not the only EV car maker. There are many others. But over 75% of all EVs are Teslas. So since Tesla has only had 290 deaths, then the other 25% of all EVs are responsible for 92,259 deaths! I would have to say that’s highly doubtful.

[yota691]

You still didn't watch the Video, the guy has more stats then you can ever bring to the table...

 

Quote

 I would have to say that’s highly doubtful.

Like I stated, talking to a know it all is pointless

[Synopsis]

THEE "ev" "practitioners" WILL "enjoy" THIS "regeneration" "experience"!!!

 

[caddieman]

GM’s Buick Will Go All-Electric by 2030 in Product Line Makeover

• Overhaul to start with affordable crossover SUV in 2024
• Brand hopes to reinvigorate buyer interest in the US

• General Motors Co. will make all of its Buick models electric by 2030 in a move to remake the brand in the US.

  The overhaul will start with an electric crossover SUV in 2024 that Buick said will offer some luxury amenities and a new styling theme while being priced beneath GM’s Cadillac EVs. It’s a play to draw new buyers into the brand with a value proposition because most plug-in models sell for well above the $45,000 average price of a new vehicle. 
   

  It’s exactly what is not in the market, an affordable premium SUV,” said Rob Peterson, brand marketing manager for Buick. “You can have a gorgeous electric vehicle that isn’t expensive.”

  Buick plans to use EVs sold under the new Electra sub brand to market its electric makeover and grow a brand that sells fewer than 200,000 vehicles a year in the US. Sales grew last year in Buick’s domestic market, but it has been a far bigger force in China and less relevant for GM at home.

   

  Buick doesn’t plan to go all electric in China, where it sells more than 800,000 vehicles a year.

   

  Going forward, Buick’s electric models will be called Electra followed by some kind of alphanumeric addition to the name, a GM spokesman said. The brand sells the electric Velite 6 and Velite 7 in China and will add five new EVs in the market by 2025.

  GM Chief Executive Officer Mary Barra plans to make Cadillac all electric by 2030, as well, and the rest of the company’s vehicles will be battery-powered by 2035.

   

  Along with electric drive, Buick will start a new design theme for the brand. GM is revealing the Buick Wildcat EV concept, which the company says is a design exercise. The concept car’s forward-leaning front end, new trapezoid-shaped grille and flowing side view are meant to create a more elegant look. Still, Peterson said Buick is an SUV brand, suggesting the vehicle isn’t destined for production.

  Buick hopes EVs will help bring in a new kind of buyer, which has been a challenge. While the brand gets 73% of buyers from other car labels, about 22% come from GM brands. That means only about half of customers are non-GM owners, said Alexander Edwards, president of marketing research firm Strategic Vision in San Diego.

  “Buick isn’t bringing in enough new blood,” Edwards said. “They’re relying on cannibalism of GM brands.”

  https://www.bloomberg.com/news/articles/2022-06-01/gm-s-buick-will-go-all-electric-by-2030-in-product-line-makeover

[bigwave]

Ford Raises Electric Truck Price By Up To $8,500 After Democrats Pass $7,500 EV Tax Credit

Ford raised the base price of its F-150 Lightning electric pickup truck Aug. 9 following the passing of a bill by Senate Democrats that included a $7,500 federal electric vehicle tax credit.

 

The base model of the 2023 F-150 Lightning pickup will now cost $47,000, up from it’s original price of $40,000, according to CNN. More expensive models, such as the XLT High/Extended Range and the Lariat Extended Range have increased in price by $8,500, while other F-150 Lightning designs vary between $6,000 to $7,000 in price increases, according to the Detroit Free Press.

https://dailycaller.com/2022/08/15/ford-f150-lightning-price-increases/

[bigwave]

GETTING RADIATED AT THE ELECTRIC FUEL PUMP

https://www.bitchute.com/video/899ADDhnIT0u/               1:21 MINUTES

 

[coorslite21]

On 8/15/2022 at 5:08 PM, bigwave said:

Ford Raises Electric Truck Price By Up To $8,500 After Democrats Pass $7,500 EV Tax Credit

Ford raised the base price of its F-150 Lightning electric pickup truck Aug. 9 following the passing of a bill by Senate Democrats that included a $7,500 federal electric vehicle tax credit.

 

The base model of the 2023 F-150 Lightning pickup will now cost $47,000, up from it’s original price of $40,000, according to CNN. More expensive models, such as the XLT High/Extended Range and the Lariat Extended Range have increased in price by $8,500, while other F-150 Lightning designs vary between $6,000 to $7,000 in price increases, according to the Detroit Free Press.

https://dailycaller.com/2022/08/15/ford-f150-lightning-price-increases/

 

They also announced a reduction in the Michigan work force of 3000 employees.....    CL

[bigwave]

https://www.thegatewaypundit.com/2022/08/california-urges-avoiding-charging-electric-cars-ward-off-blackouts-heatwave-state-loses-solar-power-sun-goes/

[bigwave]

On 8/8/2022 at 2:26 PM, caddieman said:

Hydrogen cars won’t overtake electric vehicles because they’re hampered by the laws of science

All of Henry Fords engineers told him a V8 engine was impossible.

[bigwave]

[Markinsa]

EV Cars Will Soon Cost More Per Mile Than Diesel

 

[caddieman]

On 9/3/2022 at 11:53 AM, bigwave said:

All of Henry Fords engineers told him a V8 engine was impossible.

All of them? Link please?

[caddieman]

2 hours ago, bigwave said:

Like I said before EVs can sit there long after gas cars!

[caddieman]

15 minutes ago, Markinsa said:

EV Cars Will Soon Cost More Per Mile Than Diesel

 

Lol absolutely BS

[Markinsa]

37 minutes ago, caddieman said:

Lol absolutely BS

 

 Why I am not surprised at your response? 

 

 

US natural gas futures fell almost 6% to below $8.8/MMBtu on Friday, bringing weekly losses to over 6%, the most since the week ending July 1st, and tracking a decline in the European benchmark as Russian gas flows via the Nord Stream 1 pipeline are set to resume on Saturday. Additionally, the latest EIA report showed a bigger-than-expected storage build last week, with US utilities adding 61 billion cubic feet (bcf) of gas to storage, above market expectations of a 58 bcf build. Still, prices remain not far from an over 14-year high of $10/MMBtu touched last week. A series of heatwaves this summer across the US has sent demand from gas-fired power plants to all-time highs and expectations of increased demand for US LNG exports amid growing concerns of European shortages have been supporting prices. Meanwhile, Freeport LNG announced that it would delay the restart of its Quintana export plant to November. https://tradingeconomics.com/commodity/natural-gas

 

[Markinsa]

Electric Car Journeys to Cost More Than Diesel by January

BY NICK RENDELL

31 AUGUST 2022 5:00 PM

 

I just checked the average price per kilowatt hour (kWh) of electricity on Martin Lewis’s site MoneySavingExpert. Figure 1 shows that on October 1st 2022 it’s going up to about 51.89p per kWh.

Fig 1. Source: “What is the energy price cap?” MoneySavingExpert

Martin Lewis’s site also includes a section looking at forecast future changes in the energy price cap. Using Cornwall Insight’s prediction, it’s suggesting a rise of a further 52% from Jan 1st 2023, taking the kWh price to 78.87p. A further increase of 23% is expected from April 1st 2023, taking the cost to 97.01p per kWh. 

Fig 2

Clearly, this has huge implications for the cost of living and people’s quality of life as it directly impacts on the cost of heating and hot water. But perhaps a less considered consequence is the impact it will have on electric vehicle drivers or people considering buying an EV. Many people who bought an EV in recent years did so to avoid the costs of diesel. But how long will it be before a journey using electricity to power the car costs more than the same journey in a diesel car?

 

Let’s take an EV that achieves four miles per kWh. How do these price increases impact on the cost per mile driven?

Now let’s look at the cost per mile of a diesel car.

From October 1st, for an EV doing four miles per kWh, it will cost just under 13p per mile compared to a small diesel car achieving 60 miles per gallon which would cost just over 14p per mile. However, by January 1st that same EV will be costing almost 20p per mile, a higher cost per mile than a car doing 50 miles per gallon. By April 2023, the EV will be costing over 24p per mile, so not only more expensive than a diesel car achieving 50 miles per gallon but also more expensive than a diesel doing 40 miles per gallon and costing just under 22p per mile.

 

Of course, these electricity prices are based on home prices. If you recharge your car out and about the cost per kWh is about two or three times as expensive as your electricity at home. Currently, if 25% of the electricity you buy for your EV comes from commercial suppliers and 75% from your home supply you’ll already be spending about the same as a diesel car driver. This means even if the current rise in electricity prices is temporary, there are still questions to be asked.

 

Clearly, there are other cost considerations for the EV buyer. If the EV is a company car there’s still a very significant benefit in kind impact. There are also road tax, congestion and depreciation impacts. But just looking at the fuel cost illustrates that the premise on which many EVs were purchased is proving to be a false one.

 

 

[bigwave]