Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Contact Us

Electric Vehicles(EV): Investing Billions!

July 11, 2018 By Richard C. Young

By Sopotnicki @ Shutterstock.com

At RealClearEnergy.com, Constance Douris, Vice President of the Lexington Institute, tells readers of the coming wave of investment in Electric Vechicles (EVs). Automakers are all in on EVs, and there is a wave of public money behind them. Douris writes (abridged):

In coming years, automakers will unveil dozens of new electric vehicle (EV) models. Ford alone recently announced that it is investing $11 billion in EV development. A glance at automakers’ EV investments worldwide is revealing: $19 billion in the United States, $21 billion in China, and $52 billion in Germany. Clearly, these seasoned companies do not doubt the future EV market as many cities and countries around the world begin phasing-out the conventional internal combustion engine.

While many people are aware that EVs benefit the environment, fewer realize that these cars, which are cheaper to maintain and operate than conventional cars, can actually help the electric grid operate more efficiently. EVs can flexibly charge and serve as a demand response mechanism by charging during off-peak times. They can also help incorporate more renewable energy and eventually export electricity back into the grid, even providing backup power during outages.

New York’s Drive Clean Rebate for Plug-in Electric Vehicles offers up to a $2,000 rebate for EVs. There is also a charger rebate program that provides up to a $5,000 credit for installation. Drivers with EVs can also access high occupancy lanes with a decal, incentivizing drivers with faster commute times. Consolidated Edison has a time-of-use rate plan for EV charging, while Cleanview Energy offers a $75 rebate for a new ChargePoint residential EV charger

There are … several resources for EV owners to easily find convenient charging stations to relieve concerns about being left stranded and unable to “charge up,” such as ChargePoint’s dashboard.

To find a charging station near you, click here.

Read more from Constance Douris here.

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • Light-Weighting Vehicles
  • Investing in Water
  • Successful Investing Is a Mindset
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
Latest posts by Richard C. Young (see all)
  • Will Iran Split MAGA Forever? - June 18, 2025
  • Magnesium and Your Health - June 18, 2025
  • Trump Demands Unconditional Surrender from Iran - June 18, 2025

Dick Young’s Must Reads

  • Richard Feynman Solved the Space Shuttle Disaster Mystery
  • “Take Cover! Get Out of the Market!”
  • Americans Fleeing High Tax States for Growth Corridors
  • Florida: Enjoy Certain Freedoms and Individual Liberties
  • The Clock is Ticking: You Must Protect Your Family
  • BEYOND RUSSIA: America Strengthens India Ties to Counter China
  • Are You Looking for Investment Counsel? 2 Questions
  • ENERGY FREEDOM ACT: Ted Cruz Introduces Bill for Energy Independence
  • What Do You Know About Rho-Kinase?
  • What a Way to Make a Living: New Hampshire #1

Our Most Popular Posts

  • The Night of the Living Dead
  • TRUMP: "Everyone Should Immediately Evacuate Tehran!"
  • Are You Familiar with the EF and Arithmetic?
  • People Are on Edge
  • A Classic Issue from Richard C. Young’s Intelligence Report
  • A Nationwide Day of Defiance
  • Epic Man Cave with Car Elevator in Utah
  • Best Bang for Your Buck: Top 5 AR-15s of 2025
  • Israelis Speculate on American Involvement in War with Iran
  • Whoa, Hang on Here. There’s Trouble in Culver City

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • A Great Victory for Liberty
  • Letchworth: Are You Living Your Best Retirement Life?
  • Job Openings Rise in Four States, National Rate Steady
  • Ethane Shipments Stall as U.S.-China Trade Tensions Rise
  • Historic Tax Cuts Across All States
  • Are You Familiar with the EF and Arithmetic?
  • Canadian Shipbuilder Targets U.S. Arctic Contracts
  • Israel-Iran Conflict Triggers Freight Rate Surge and Maritime Caution
  • US Export Prices Drop Sharply in May
  • Retro Meets Futurism: Dacora’s Ultra-Luxury EV Channels 1930s Elegance

RSS Yoursurvivalguy.com

  • Letchworth: Are You Living Your Best Retirement Life?
  • Will SALT Kill the “One Big Beautiful Bill?”
  • You’ve Read the Last Issue of Intelligence Report: Back to Investor’s Yield
  • The Sound of Silence?
  • Are You Familiar with the EF and Arithmetic?
  • “Happy I Found Richard C. Young’s Intelligence Report”
  • A Classic Issue from Richard C. Young’s Intelligence Report
  • The Rich Man “Doesn’t Need the Markets”
  • Is Bitcoin Really Digital Gold?
  • Epic Man Cave with Car Elevator in Utah

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives