EV's, Reliable Power, et al

[DKG]

Red states are and will continue to push back, especially once Trump is in office again. California specifically will only double down on the stupidity. Again, when Trump is back, they will double down out of TDS. They wont GAF if they wind up making everyone walk to work!

Even if Trump loses in November, governors like DeSantis and Abbott will not impose bad legislation on the people of their states.

[Lokmar]

Even if Trump loses in November, governors like DeSantis and Abbott will not impose bad legislation on the people of their states.

Absolutely. Red States wont tolerate this shit but it will be magnitudes easier with Trump back in office!

[Herman]

Mercedes-Benz is backing off its plan to only sell electric vehicles after 2030, the company said Thursday. It was the latest evidence that the global auto industry is feeling more dour about the all-electric future after a slowdown in sales growth.

It was only three years ago that Mercedes was feeling quite bullish about plug-in powertrains, saying that by 2030 it would only sell EVs. At the time, the company said it would completely phase out gas-powered vehicles, while including the caveat "where markets allowed."

Now it seems that the market is not allowing Mercedes to follow through on its plans. Today, the company said in its fourth quarter earnings statement that it only expects 50 percent of its sales to be all-electric — a significant drop from the once rosier outlook. Gas and hybrid vehicles will remain a part of the company's future for years to come.

[Oerdin]

Communist China is having an EV blood bath.  They officially had 92 EV makers but virtually all were losing money before communist China went into economic depression.  With the collapse in sales and with the government unable or unwilling to pay such generous subsidies the price war is ferocious with virtually all selling EVs at a lose just hoping to get enough size and volume to survive.  The biggest ones have now started exporting but have found few tariff free places to export to.  Australia is one bright spot for them but tariffs keep them out of North America (Trump's tariffs from his trade war) while the EU allows sales but also tariffs and so prices are high there.  The Mideast, Africa, Latin America, and SE Asia all don't seem very interested in EVs and certainly not unless they are dirt cheap.

[DKG]

Communist China is having an EV blood bath.  They officially had 92 EV makers but virtually all were losing money before communist China went into economic depression.  With the collapse in sales and with the government unable or unwilling to pay such generous subsidies the price war is ferocious with virtually all selling EVs at a lose just hoping to get enough size and volume to survive.  The biggest ones have now started exporting but have found few tariff free places to export to.  Australia is one bright spot for them but tariffs keep them out of North America (Trump's tariffs from his trade war) while the EU allows sales but also tariffs and so prices are high there.  The Mideast, Africa, Latin America, and SE Asia all don't seem very interested in EVs and certainly not unless they are dirt cheap.

The global EV market in 2024 is not where progressive leaders though it would be.

[Frood]

Ev's are just unexploded ordinances in waiting.

I've been moving away from lithium batteries and back to AGM's recently for everything but the smallest items like phones and such.

I'm of the belief that these things could be potentially remote triggered and I don't care to fuck around and find out.

[Oerdin]

No one wants EVs.

https://youtu.be/jHYSB6ZbUTc?si=f0ZHJeuMQZxxHvV1

[Herman]

Panasonic's upcoming 4-million-square-foot battery plant in Kansas uses so much power it needs it's own coal fired power plant.

[Oliver the Second]

Hertz CEO Stephen Scherr resigns after big bet on EVs goes bust

Stephen Scherr will step down as Hertz Global Holdings Inc.'s chief executive officer and member of the company's Board of Directors effective March 31, the company announced Friday. Scherr led Hertz for just over two years after spending nearly three decades at Goldman Sachs.

Scherr's resignation comes as the car rental company struggles with the higher repair costs and low demand for EV rentals.

In January, Hertz announced in financial filings that it had made the "strategic decision" to sell approximately 20,000 EVs from its US fleet, or about one-third of its global EV fleet, and to instead invest in gas-powered cars.

https://nypost.com/2024/03/18/business/hertz-ceo-stephen-scherr-resigns-after-big-bet-on-evs-goes-bust/

[Oliver the Second]

Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024, Delays Plans to Make More



Ford Motor Company reported a whopping $132,000 loss on each electric vehicle (EV) sold during the first three months of 2024, amassing a $1.3 billion loss.

The auto manufacturer's electric vehicle unit revealed Thursday that they experienced a 20 percent decrease in sales volume and were forced to slash prices due to low consumer demand, CNN reported.

The revenue for Ford's EV car, the Model e, plunged by 84 percent to about $100 million, which the company blamed on EV price cuts across the auto industry.

"That resulted in the $1.3 billion loss before interest and taxes ,and the massive per-vehicle loss in the Model e unit," the publication noted.�

Now, company officials are estimating that their EV division will lose a grand total of $5 billion this year, up from $4.7 billion last year.

https://www.breitbart.com/tech/2024/04/28/ford-loses-1-3-billion-electric-vehicles-first-quarter-2024-delays-plans-make-more/

[DKG]

Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024, Delays Plans to Make More



Ford Motor Company reported a whopping $132,000 loss on each electric vehicle (EV) sold during the first three months of 2024, amassing a $1.3 billion loss.

The auto manufacturer's electric vehicle unit revealed Thursday that they experienced a 20 percent decrease in sales volume and were forced to slash prices due to low consumer demand, CNN reported.

The revenue for Ford's EV car, the Model e, plunged by 84 percent to about $100 million, which the company blamed on EV price cuts across the auto industry.

"That resulted in the $1.3 billion loss before interest and taxes ,and the massive per-vehicle loss in the Model e unit," the publication noted.�

Now, company officials are estimating that their EV division will lose a grand total of $5 billion this year, up from $4.7 billion last year.

https://www.breitbart.com/tech/2024/04/28/ford-loses-1-3-billion-electric-vehicles-first-quarter-2024-delays-plans-make-more/

That picture says it all.

[Oerdin]

Dangerous garbage

[DKG]

Dangerous garbage

China is promoting ev's and their ev's are crap. And dangerous.