Luca Pietro0:00 I think it's really interesting to break down the electronic vehicles market right now because we're at a pretty interesting crossroad.0:07 Um so obviously with the $7,500 EV tax credit going away September 30th.0:14 Um lots of people purchased EVs in the month of September, August, July, the months leading up to the tax credit um being abolished.0:23 So uh obviously sales for EVs spiked uh amongst the big uh EV producers um in order to be able to qualify for this tax credit.0:34 Uh but now obviously no one is buying any EVs anymore because they're there's no longer an incentive to other than the fact that one would say that they're uh more environmentally uh sustainable than someone else.0:47 And honestly, my opinion on that is EVs in the grand scheme of thing, in my opinion, are less environmentally stable than a normal uh internal combustion engine vehicle, and that's because the amount of pollution that is made in the mining process for this lithium and for all the components that make the battery for these electronic vehicles are just as probably worse than mining for liquefied natural gas.1:19 So that's my take on EVs, and I personally don't think that electronic vehicles are going to be making a comeback anytime soon because I think it's just more reliable, more financially stable, and just adapts to the cultural norm to have an internal combustion engine uh as well as convenience.1:39 The charging infrastructure is still not nearly built out as the gas station network that we have in the United States.
Wesley Joyce0:00 Luke, you you bring up a very good point.0:02 Um, and I didn't really know the tax credit was going away recently.0:06 But one thing I wanted to talk about is um I've been valet parking all semester and you know probably drove a few thousand random people's vehicles and yes it's a higher end dining restaurant, so you're gonna see some customers that have a little bit more money or willing to spend these, but I would say minimum one third of the cars that I drive are EVs or hybrids.0:28 Um so I I don't think that they're going away anytime soon.0:31 And um some of the Teslas and all are very jumpy and you know like not the most fun to drive.0:37 They don't feel like a regular car.0:39 But some of those vehicles I didn't even know they were EVs until um like my second or third time driving them because they feel exactly like driving your mom's car or something like that.0:49 Like um, so I think that you know the socially acceptable internal combustion engine is um it's definitely a thing, it's definitely a norm.0:58 You know, I probably won't drive a car that doesn't burn gas in for a long time in my life, but I just wanted to point out that there's a there's a lot more cars that you would see that you maybe wouldn't even realize are fully electric, but I mean people are driving them and I don't think that the market's gone away from them anytime soon.1:17 And um yeah, my the you know these mining practices are poor and they are pollutant, but I don't know.1:25 I feel like uh not having to pay for gas every month, I would certainly appreciate that and you know I would you know if I if if that's what it came down to that that'd be a quick way to save a couple hundred dollars a year.1:36 But um yeah, it's interesting, we'll see how it goes.
Casey Comerford0:00 Yeah, Luca, I like that point you brought up at the end.0:02 I do think you need to realize and take into account um you know what is the societal norm when it comes to EVs versus regular gas engine cars.0:11 Um like especially now that the tax credit is gone, you know, for someone to go out of their way to get an EV, there needs to be some sort of internal motivation now.0:21 Um because when they compare themselves to you know all the cars around them, obviously they're gonna see more of the gas cars um and that's what they're gonna be more inclined to get.0:29 They're cheaper to purchase initially.0:32 Um so there's gonna have to be some sort of internal motivation to make someone want to get an EV.0:35 Um, and that would probably have to come from you know, wanting to um, I don't know, be more uh, you know, be better for the environment when it comes to what car you're driving, um, you know, be more sustainable, or you know, maybe say, well, I don't well won't have to pay for gas down the road.0:53 But that point you brought up was very interesting about you know mining for the lithium and the pollution that that causes, because I think there is this stigma saying in people really pushing for EVs or saying, you know, if we all you know, if we all switch to EVs or or if the majority switch to EVs, then you know pollution will decrease significantly.1:08 When in reality, um I just don't think that's true.1:12 I think if you look at um carbon dioxide emissions um are actually not the main driving force behind, you know, with these climate the change in climate and the change in the atmosphere.1:22 Obviously, it is a um, you know, it is one cause.1:27 Um but if you look at the emissions from say factories and stuff like that, it's ten times what we see from cars.1:32 Um you could even put down to you know over agriculture, like trying to feed too many people.1:39 Um the amount of cows we have in America or just in the world in general, um, you know, the methane that cows produce is like ten times as potent as what you see from car emissions.1:49 So there's definitely other factors leading to the change in atmosphere, and people are kind of trying to push this narrative that changing to EVs will be like a solution for you know the change in our climate.1:59 And while it may positively impact it, we don't know.2:02 I mean, if everyone switches to EVs and all that, they're trying to find all that lithium.2:05 That's a good point that you brought up.2:07 Um so I agree.2:08 I don't think we'll see a major shift to EVs anytime soon.
Vansh Patel0:00 I think the electric vehicle market's something that I'm very passionate to talk about because I do have a strong input on it.0:07 Uh I'm currently a fan of fossil fuels.0:10 I'm currently a fan of oil.0:12 Uh I'm a huge car guy.0:14 I uh I think electric cars right now are infrastructure is just not developed for 'em, and I don't see that they're a viable option to uh green energy.0:23 They're not green energy, they're alternative energy.0:26 Uh I made a point earlier in my discussion that uh the lithium mining, the extraction is so detrimental to our environment, not even just uh ecologically, but socially as well.0:40 They're taking tribes, uh indigenous tribes of Chile, uh which one is one of the largest uh lithium extraction sites in the world.0:50 Um they're displacing communities, they're affecting their water sources, uh they're harming just ecosystems.0:59 I mean the lithium extraction is so uh disruptive to our environment that it's just not worth it.1:06 They don't outweigh the environmental impacts they have.1:10 They don't possess the energy savings that make them viable options.1:14 So I think they were a great idea.1:16 I think research is uh an experiment.1:20 I think we should experiment with different options.1:23 I think every time we find a new option that's beneficial to our population because at the rate we are going, yeah, fossil fuels may not last as long as we need them to.1:34 So I think uh electric cars just may not be the option right now.
Noah McDonald0:00 Yeah, Luca, I think you bring up some really interesting points.0:02 Um I really liked what you said at the end, talking about how the infrastructure of the United States is so centered around gas that I think it really makes it hard to kind of for these EVs now that there's no more tax credit to have that sort of comeback or blow up that they s did when that tax credit was originally introduced.0:19 Um I think it's gonna be interesting to monitor that the next couple months and see sort of how this shift goes about.0:25 Um are people gonna swing more back towards gas vehicles?0:29 Um but yeah, really great video overall.