host: s&p global on ev chargers. taken intoccnt, to properly marecasted sales demand the united states will need to see the number of ev chargers quadruple between 2022 and 2025 and bro more than eightfold by 2030. the transition to a vehicle market dominated by electric vehicles will take years to develop, but it has begun" according to this analyst. " with the transition comes the need to evolve and today's charging infrastructure is insufficient to support a dramatic increase in the number of ev's in operation." why should americans buy an electronic vehicle? guest: the fact is that by 2030 we will hopefully have over 2 million charging points around the u.s.. we are seeding that. the use case is little bit different. when you buy an electric vehicle, and i have had a few, if you have the ability to charge at home, that is where 95% of your charging will be, versus going to the gas station. it is a different situation. i haven't been to a gas station in five years. we have to balance the needs of home charging, pu

host: s&p global on ev chargers. went home charging is ken into acc, to properly match rested sales demand the united states will need to see the number of ev chargers quadruple between 2022 and 2025 and bro more than eightfold by 2030. the transition to a vehicle market dominated by electric vehicles will take years to develop, but it has begun" according to this analyst. " with the transition comes the need to evolve and today's charging infrastructure is insufficient to support a dramatic increase in the number of ev's in operation." why should americans buy an electronic vehicle? guest: the fact is that by 2030 we will hopefully have over 2 million charging points around the u.s.. we are seeding that. the use case is little bit different. when you buy an electric vehicle, and i have had a few, if you have the ability to charge at home, that is where 95% of your charging will be, versus going to the gas station. it is a different situation. i haven't been to a gas station in five years. we have to balance the need

most per capita and by 2030, the federal government plans to build a national network of 500,000 ev chargers work, and especially at home you can get a basic charging outlet installed in your own garage hire a licensed electrician. it starts around 200 bucks depending on where you live, electricity could cost more than gas and cold weather or extreme heat can drastically reduce an ev's range consider reliability as more evs roll out he says i you can wait, avoid buying first-year models, allow time for manufactures to work out the kinks. tips to make your next ride a smooth one >> what about hybrids? how do they compare? >> car experts say hybrids are the best of both worlds. you have the gas engine and the battery and that helps you with fuel efficiency. they have been around longer than electric cars so the reliability is there. keep in mind evs are more expensive but there are federal rebates. $7,500 for a new one, $4,500 for a used that helps take bite off the prices tesla is lowering their costs to attract more buyers. >> once they get the grid in place -- >> that's the thing. >> it mak

we are doing that by putting ev chargers all over the country, we have not analyzed the lifecycle greenhouseas emissions from ev's. the caller makes a good point. sometimes we make a move because it sounds or feels good. really without making sure it is a good move and we are doing the right thing. host: what does the push for hundreds of thousands of more ev charging stations around the country, what does that mean for the grid? guest: i mentioned a little earlier in the program, we do not have the grid to support that. even if we had the grid, we do not have the electricity to support it. even if we had the electricity and grid, no one has done an analysis to say, is that going to reduce greenhouse gas emissions? the president pose an ev hummer the other day. as you know a gas powered chevy malibu and ev number but at the same lifecycle of greenhouse gas emissions -- put out the same lifecycle greenhouse gas emissions? let us make sure we are spending our dollars in the right place. host: california, republican. good morning. caller: in california, the heating bill to heat our house has do

including building a web site outlining pathways for migrants and constructing ev chargers along themiconductor manufacturing with the private sector forum planned this year. there is acrimony with biden and obrador were taking on a dispute over power plants built by foreign investors. if this intensifies, there could be tariffs the parties are still talking. >> we expect that those discussions will continue and with or without personnel changes on one side or the other. we all share a common interest here in terms of making sure energy security is something that is taken a regional approach on. we will do that going forward. >> reporter: that's just one of the issues in play the u.s. has also alleged canada's dairy market barriers too high and raised concerns of the mexico banning imports on modified corn. the two allies say the u.s. is too strict of sourcing of auto parts. business groups on the border are calling on the governments to reach agreements to avoid the outcomes and the administration says don't expect anything guys. >> a tense scenario than we have seen the last two ye

companies, luxury carmaker mercedes-benz announcing plans to build a global network of ultrafast chargers for evsnorth america than expanding to europe and china. i am delighted to say they are more here -- for more on the ev outlook for mercedes-benz, is -- this is a real move to drive ev adoption. talk to us about a timeline for the rollout of this charging structure. >> the global bar -- charging infrastructure is cap lamenting a roaming network that is existing of one million points. it is a great addition to this network. the timeline to establish our own global network is starting 23 and completion is planned by 2027. ed: my question is why you are doing this? you have electric vehicle offerings in key markets. do you think this will be a driver of sales for mercedes buyers that want to go electric but are concerned about charging? why you doing this? guest: if you are an ev driver you know about the expansive shortcomings and the anxiety. we want to give customers a premium experience. ed: is range anxiety and issue -- an issue? guest: absolute, we have more than 400 miles of range, that i

ev charging network. what will it look like the company plans to open up 400 charging locations, dedicated charging locations think of the tesla super chargerhigh-powered chargers. they are going to start opening those this year, expect to have it all completed by 2027 here's the importance of those charging stations, according to the head of technology for mercedes benz. >> we think it's an important buying factor for our customers here we have the great range of mercedes benz. it's going up to 400 miles with one charge but now we're including a premium charging experience, with high-power charged, 350 kilowatts, located in the best locations in the u.s >> we've talked about this for some time. more charging stations are needed by all automakers, and really by the charging companies as well. evs are just 5.2% of total u.s. sales, but they'll be quickly ramping up over the next decade and well into 2030 to 2040 as for mercedes benz, it is still weigh behind tesla in terms of selling electric vehicles, but market watchers believe they can close that gap. >> well, the intention and the clear plan is to accelerate here so the growth rate in th

charger in the garage, costs you 1000 bucks to install and buy. tesla has over 40,000 charging stations around the world. i don't buy that argument that you know, if you have an ev charge it because it is simple. most people, when you look at people who buy evs, they don't go back, they stay with evs. must not be that inconvenient charging the car. no different than charging phone overnight. neil: if you go on a long trip, you have to build that into it. it can add on. they are beautiful vehicles, i wonder they have to speed that process up? >> if you have 40,000 charging stations including 20,000 in the u.s., that's a ton of charges. you will continue to have more and more of those. neil: all right. >> that to me not the issue. the issue is getting the price down to a point where they're comparable to what a nice car or a gas-powered car is. then you will see the ev adoption go through the roof as it has around the world. neil: all right. >> when you look at norway, i think 70% today of all cars sold in norway are now evs. china it is 25. europe mainstream, is 15, 16%. ev adoption is going through the roof. that is what is causing tesla earnings to soar, ev ado

ev use a charging to achieve the range on that range of 484 miles . will pay 9 to of 484 miles. will pay 9 to £8.59 on a rapid chargere more expensive to . this makes no expensive to. this makes no sense if we're supposed to be looking after the planet. i'm afraid it is the silly notion of looking after the planet that has got us into this mess. we decided we wanted net zero. we paid no to how we were going to get there. because it's not only that we're wanting our cost to run off electricity well if we're going to have heat pumps , we're going to have heat pumps, our houses will be entirely heated off electricity. if you can afford it or you will go hot or you'll go cold depending on the time of year. but nobody bothered to . what that means in. bothered to. what that means in. terms of the reliable generation of electricity, the whole of net zero is no doubt . but the way zero is no doubt. but the way it's been done is confused confuses practical and idealism and is subject to total lack of forethought. i mean, what is the astonish she is we decide we will get rid of coal generated power . what do we do? well, to a