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Speaker 1: I note the winging has started from the EV owners already,

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Speaker 1: as their fixed price deals for recharging their leafs at

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Speaker 1: home has come to an end. Some claim the new

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Speaker 1: deals being offered by the power company is going to

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Speaker 1: be fifty percent higher. How can you possibly be surprised?

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Speaker 1: Did you think you would get away with it forever

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Speaker 1: for a while. The more deluded you may remember, lauded

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Speaker 1: the road tax loophole as well, until that got closed. Anyway,

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Speaker 1: the power companies see EV owners work this out. They

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Speaker 1: see you as a new revenue stream. As petrol may

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Speaker 1: or may not become a commodity not worth bothering with anymore,

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Speaker 1: at least for cars. Car dealers will be licking their

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Speaker 1: lips that a product three and a half short weeks

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Speaker 1: ago they couldn't shift for love nor money may have

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Speaker 1: awake time as the desperadoes clamber in for something that

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Speaker 1: unshackles them from the tyranny of oil. But equally, if

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Speaker 1: it becomes a thing. It is way too early to

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Speaker 1: say whether or not it is, of course, but if

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Speaker 1: it does, power companies will not believe their luck in

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Speaker 1: almost entirely new revenue stream, not just from a whole

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Speaker 1: new series of customers, but old customers paying way more

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Speaker 1: now that they've got you hooked in. We must remember

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Speaker 1: power prices arising because renewable investment and basic line maintenance.

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Speaker 1: Of course, the Communis Commission has allowed big increases for

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Speaker 1: you and me to upgrade the infrastructure. So maybe the

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Speaker 1: way to see an EV is not about the cost,

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Speaker 1: although it is still cheaper, but more about the convenience.

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Speaker 1: And despite the doom merchants, we are no longer running

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Speaker 1: out of power, So don't text me ever again about

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Speaker 1: if we all get EV's we're going to run out

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Speaker 1: of power. We're not. In fact, one of the country's

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Speaker 1: most upbeat stories. We've seemingly transitioned or will pretty well

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Speaker 1: in terms of baseload and meeting ongoing, if not growing demand.

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Speaker 1: It's why Sri Lanka overnight has turned the knee on,

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Speaker 1: signs off and told office workers to kill the ac.

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Speaker 1: They don't have Clyde, they don't have Taupo, getherrmal. They

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Speaker 1: need oil now. This won't be a moment, by the way,

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Speaker 1: in case you're thinking of it, this won't be a

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Speaker 1: moment for public transport. They've blown that it's too unreliable.

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Speaker 1: So the current burst of patronage. We're seeing that'll vanish

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Speaker 1: as quickly as it arrived. But evs might be having

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Speaker 1: their moment, and once you're in, you might not go back.

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Speaker 1: That critics called tipping point might have been provided by

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Speaker 1: a war. For more from the Mic Asking Breakfast, Listen

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Speaker 1: live to News Talks A B from six am weekdays,

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Speaker 1: or follow the podcast on iHeartRadio