Friday Fast Facts 5/24/2019

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Love cars and the stories behind them? Join us on the drive to automotive enlightenment in this week’s edition of Friday Fast Facts! This week’s edition is all about managing misconceptions.

Electric Cars Are Not New

Browse Copart’s Electric Vehicle Inventory

We’re living at an exciting time when the automotive industry is being paired with all of the newest technology available. We have cars with navigation systems and are even beginning to roll out autonomous vehicles. Another huge development in the industry is the rise of the electric vehicle. Believe it or not, the concept of the electric car is not new. In fact, it’s over a century old. Electric vehicles first appeared in the mid-19th century, but were not pursued due to their low speed, costliness and short mileage range.

Elon Musk is Not the Founder of Tesla Motors

View Copart’s Tesla inventory to find lots like this 2018 Model S

With the ascension of the electric car we’ve also seen the meteoric rise of Tesla and its figurehead Elon Musk. It’s widely assumed that Musk plays a Steve Jobs/Apple role and is the founder (or at least a cofounder) of the electric car manufacturer. In reality, Musk is but an early investor in the company who took over as CEO in 2008 after just seven years of involvement.

The Autobahn Does Have Speed Limits

2018 Audi S5 available at Copart.com

While it is true that vast swathes of the famous German highway have no limit, there are sections that are regulated. These stretches are typically around areas of anticipated congestion or dense traffic. There’s currently an argument to impose an 80 MPH speed limit on the road. Proponents of the regulation argue that the speed limit can help to reduce fuel consumption and reduce carbon emissions. Opponents say there are other measures that can be taken.

America’s 55 MPH Speed Limit Wasn’t for Safety

1973 Chevrolet Nova available at Copart.com

From 1973 to 1995 the highest speed permissible in the United States was 55 miles per hour. Although setting speed limits is typically left to the discretion of each state, this was the second time the U.S. government had stepped in to mandate a limit. Interestingly, the 1974 law was enacted as a fuel consumption measure. The 1974 Emergency Highway Energy Conservation Act was written and aimed after the 1973 oil crisis had caused oil prices to spike and that same supply to be constricted. Proponents of the law estimated that fuel consumption would drop by at least two percent, but in reality the savings were less than one percent.

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