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Discussion in 'General Elio Discussion' started by Ekh, Dec 19, 2016.
Real or fake?
If real, what was he saying?
If we are going to tell people nice things about how the Elio is good for America, I would look at the savings it generates that go right back into the economy. And perhaps how that cycles into more. I started calculating the cyclic-extended effects and I started crossing over the T mark(trillion). But it would be nice to have a more provable number.
So how do we make a case for;
Each car (times 240k units per year) saves xx dollars in
1) gas mileage
2) stabilizing gas prices (people switch more to their Elio's when the prices go up.)
3) enabling people to get to that new job, extends their range
4) less cost to own transportation. (also: avoids buying new/use cars)
5) people at this level improve/enable their lives with the extra reach
6) each dollar recycled back to the economy generates more.
So that all projected to 2 or 5years.
? like this? So did I see this right?
1) On average 40mi/work day, 3xmpg, $70/week saved, $3500/yr, x240k = $840,000,000
That's on an average of 240k Elios in 2 years. (480k units at end of the period.)
I don't account for the car price since that's offset by what wasn't purchased in exchange.
So at 3 years that's an ave of 360k units (720 in total) and almost 3.7 billion that gets spent elsewhere.
240k Elios for 5 years would be 1.2million Elios (ave 600k) or about 10.5Billion over that first 5 years. What effect does an extra 10 billion have over the economy over 5 years where that money is in the hands of those who need it most?
I don't have a clue about a money value for items 2-6, but I know there is a very real affect.
Trump's recent actions regarding the EPA would indicate, to me, that it's going to be more difficult for anyone to get funding through the ATVM loan program. I realize they aren't directly linked, but these actions and rhetoric surrounding climate science do not bode well.
The ATVM loan:
Advanced Technology Vehicles Manufacturing (ATVM) Loan Program is a $25 billion direct loan program funded by Congress in fall 2008 to provide debt capital to the U.S. automotive industry for the purpose of funding projects that help vehicles manufactured in the U.S. meet higher mileage requirements and lessen U.S. dependence on foreign oil.
Trump is already going to increase US oil production and deregulate the oil and gas industry, and vehicle manufacturers are currently lobbying to reduce emissions/mpg requirements. This would indicate that the loan program may not longer be relevant, at least under the current administration.
This is not to say Elio won't be able to secure Govt. funding, but I'm not sure the ATVM loan program is in play...for anyone.
Two more have written according to this poll...just send to whitehouse.gov now...
Not to mention world wide demand...
I guess this is encouraging... Perhaps President Trump could use a win in this category:
Excellent work because Money Talks - Everything Else Walks. There should be more comments that have the actual numbers describing EM's impact at various production levels. Big money stories need to be sent to the various members of congress.