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Can the Climate Bill Boost the EV Industry?

RedBlue Capital General Partner and Co-Founder Olaf Sakkers and Bloomberg’s Kyle Stock join Ed Ludlow to discuss Congress’s Inflation Reducation Act, which carves out a slice of roughly $374 billion in climate and energy spending for cleaner commercial vehicles, and how it can help boost the industry.

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RedBlue Capital General Partner and Co-Founder Olaf Sakkers and Bloomberg’s Kyle Stock join Ed Ludlow to discuss Congress’s Inflation Reducation Act, which carves out a slice of roughly $374 billion in climate and energy spending for cleaner commercial vehicles, and how it can help boost the industry.

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13 Comments

13 Comments

  1. morada titnski

    August 13, 2022 at 12:13 am

    ♥️𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗮𝗱𝘂𝗹𝘁 𝗽𝗼𝗿𝗻 𝘃𝗶𝗱𝗲𝗼𝘀 𝗼𝗻𝗹𝘆❤️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine empru.ONLINE Brünette und eine andere Blondine. Es wäre unfairp, wenn ich 4 wählen würde

  2. M Cofield

    August 13, 2022 at 12:14 am

    Electric cars are already too expensive for a family with dual income that doesn’t fit in the car. Even smaller electric cars are priced above average family income. On top of these facts what good does it do for the government to give a $7500 subsidy of when companies the day after the announcement raised the prices of a vehicle $8000 according to a recent news announcements.

    • Maroon92

      August 13, 2022 at 1:22 am

      I can imagine how expensive to repair anything on a EV.

    • Robert Quigley

      August 13, 2022 at 4:17 pm

      Average purchase price of ICE cars ~$45k. Bought used model 3 for $41k. We save minimum $150/month fuel alone. Every morning wake up to 300 miles for $5 worth electricity. Nearly zero maintenance. Brakes last forever. No gas stations, no gasoline smell in garage. We’re at 48,000 miles yet still get 300 miles charge. Took awhile to realize the simplicity compared to gas mobiles. We’re 70 both adapted fairly quickly although my wife got onto it immediately and would Pooh Pooh my concerns. She was right of course! Realize they’re not for everyone yet. The faster the millions and millions of folks that can switch do switch the faster the manufacturers will create wider range of vehicle capabilities and price points.

  3. abtin ghoorbani

    August 13, 2022 at 12:15 am

    ❤Only for fans over 18 year⤵️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine empru.ONLINE Brünette und eine andere Blondine. Es wäre unfair, wenna ich 4 wählen würde

  4. Ангелина Забавская

    August 13, 2022 at 12:26 am

    Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine warmthhh.Online Brünette und eine andereu Blondine. Es wäre unfair, wenn ich 4 wählen würde

  5. iVtec4fun

    August 13, 2022 at 12:42 am

    I really want a small electric truck.

  6. Crypto Wire

    August 13, 2022 at 4:01 am

    Lots of new Infrastructure needed for mass ev adoption

  7. boost and flow

    August 13, 2022 at 8:57 am

    Buy Tesla and forget about it. Best product best infrastructure. End of.

  8. J

    August 13, 2022 at 11:46 am

    2:18 this is complete bogus! I’ve driven my Tesla many thousands of miles all over the US with zero issues. It’s even easier in most of the EU, especially with a Tesla.

  9. A P

    August 13, 2022 at 3:22 pm

    The average person makes $38,000 per year. How TF can a person afford such an EV? You only get $7500 credit for the vehicle on taxes!!!! I live in a city of 1 million people. They would need to build 20-30,000 chargers. Our power grid could not survive that. On top of that…..i am not sitting there for 1 hr. I live in an apartment and they won’t let us charge vehicles here.

  10. Charles

    August 13, 2022 at 8:26 pm

    This guy Olaf cherry-picks numbers. Saying it’s not worth it for consumers to electrify because vehicles are only used 4% of the time? Everyone doesn’t use food/grocery delivery bud. These companies don’t have the whole America as a customer. Citizens collectively drive way more and create more carbon than any a company can generate.

  11. Matthew Baynham

    August 14, 2022 at 9:35 pm

    That guy from Bloomberg doesn’t know what he is talking about. He mentioned not being able to recharge at the Grand Canyon. I just did a quick google and apparently in 2019 the national parks service already switched on New Electric Vehicle Charging Stations.

    Also if you look at a map of charging stations in the Grand Canyon there are loads. Some of the charging stations are on the SemaConnect network and some or the charging stations are Electrify America network, and some Charge Point charging stations, but most of the charging stations are Tesla. There are plenty of charging stations around the Grand Canyon

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Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable chip arm Altera.
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Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.”
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Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.”
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