musicantz t1_ivcgarh wrote

I work at a plant that’s going to make renewable fuels from cooking oil at large scale. The company also makes biofuels from corn at scale. It’s the hottest trend in the fuels market today. Mostly because of government credits (it doesn’t work without them because crude is still way cheeper).


musicantz t1_iu7abcv wrote

I think they’ve been trying, but it doesn’t exist because BEV tech is still expensive. It requires rare earth metals and big battery packs that cost a lot to make. We’re pretty good at combustion tech and building a combustion engine is much cheeper. Without massive subsidies across the entire EU I struggle to see how this can be implemented.

The cheapest BEV today is $30k. That’s the Nissan Leaf at the lowest trim package. Maybe the industry can lower costs a little, but we would need a pretty big jump in tech by 2035.