NU Ride Inc (NRDE)

[Garyedward71]

The Bottom line is that EV's aren't selling. There's a YouTube video, I think it's one of Scotty's where even with rebates a Ford 150ev would end up costing less than $8,000, but sittng unsold. To many fires and charging problems, no one is buying. On top of all this, due to the increased weight and lower center of gravity, they don't stop at guard rails. If every truck and automobile were EV's, our roads and bridges would collapse. They're too heavy, basically every safety feature designed into modern vehicles is obsolete. For the most part a failed technology. And I don't care if you believe me or not, I was extremely enthusiastic about LMC. Everything was pretty clear to me after the epic failure at BAJA. Imagine if the temperature was 20' below freezing and they tried to get through that course, 5 miles max. As from what I gathered the computer programmed insync hub motors would have been ideal for snowplowing. When a small business man makes an investment he must examine the pros and cons. Imagine having to call your snowed in clients, and tell them, that you can't plow them out today, it's snowing and it's too cold. I can't plow until it warms up a little bit. The biggest problem that nobodies addressed is that actuaries set insurance rates and these cars are a liability to other drivers and to costly to repair. Gas taxes pay for road repair, ev's don't pay any road taxes. The Bottom line the insurance companies will go bankrupt if they don't raise their rates to, model risk assessments. At present due to the small percentage of ev's on the road they can dollar cost average into the the big picture. But add a few more percentage points and gas powered car rates will have to go up. At some point EV's will have to be given their own category. Now look at the real insurance rates one would have to pay. When all factors such as infrastructure and insurance costs are added up EV's, another folly