Still want an EV? (NO POLITICS)

[Car-Addicted]

gblansten is not doing his fair share. He should have a Tesla plaid for every day of the week by now.

[gblansten]

Originally Posted by Weather Man

Illuminating the Green Insanity for what it is isn't work. I do feel sad people don't realize an EV is twice as likely to kill them by fire as a shitbox Pinto, but early Green adopters gotta adopt, I guess.

EDIT: I'm sure the mods don't care for our back and forth Sparky, so what I can't see, I don't need to comment on, LOL. On the ignore list you go.

While you cannot see this, that is cool. We just don't see eye to eye on this topic out of millions. While I love my green insanity shitbox Pinto EV you do not seem to share that same affection. I wish you the best. Stay well.

[Car-Addicted]

Originally Posted by Weather Man

Tesla has never navigated a down market, high interest rates or actual competition, and they have all three in spades right now.

Tesla's profit is from selling carbon credits to auto companies that can't meet the CAFE standards so it is US ICE buyers keeping Tesla in the green "so to speak".

The Government taketh and the Government giveth.

[Efthreeoh]

So today I drove to Maryland for a meeting. Round trip was about 200 miles. Halfway home my wife calls. There is a forest fire nearby, so the electric company shut off the electricity. There are no DCFC anywhere near my house or on the way home. I had a mission to pick up Chinese for dinner.

If I had an EV as my only car I'd be screwed. My 4.5 KW generator I use as backup wouldn't be powering the house and charging my ride to work at this moment.

Yeah, I'll stay with petrol. Thanks.

[RM7]

Originally Posted by gblansten

Did she die again?

Well, now we know why the Tesla went backwards into the pond:

A toxicology report later showed that Chao had a blood-alcohol concentration of .233, the Blanco County Sheriff’s Office said in its report.

Did the Tesla keep her from killing innocent people on the road?

[M5Rick]

I have no sympathy for drunks trying to drive as well as those on drugs who get themselves into trouble but a person did die in an awful way drunk or not.

[M5Rick]

Originally Posted by NickyC

Not surprising. Only the start of the scale backs.

https://www.autonews.com/regulation-...amid-criticism

There’s a defunct shopping mall a few miles from my house. The parking lot is being used right now by Tesla, and the herd of brand new vehicles sitting in that lot is growing by the day. Hard to estimate, but there could be between 700-1000 cars sitting there right now. The parking lot looks like a few days before Christmas at the old mall.

The one question is what will happen to these vehicles and no doubt other ones piling up if they remain unsold.
Musk couldn't care a hoot as he's one of the richest men on the planet with many other things to fall back on.
So wondering if anyone has any suggestions other than the vehicles being given away free or as lottery prizes with gratis charging cables.

[M5Rick]

Originally Posted by Weather Man

Illuminating the Green Insanity for what it is isn't work. I do feel sad people don't realize an EV is twice as likely to kill them by fire as a shitbox Pinto, but early Green adopters gotta adopt, I guess.

EDIT: I'm sure the mods don't care for our back and forth Sparky, so what I can't see, I don't need to comment on, LOL. On the ignore list you go.

Oh come on WM, gblanstein is humorous, he's one of the good ev guys.

[Car-Addicted]

The truth of climate change is it has nothing to do with the climate.
Capitalism Can’t Solve Climate Change
03/20/2024
Worse still, the world is failing on the energy transition for reasons that strike at the heart of capitalist economies, and which will therefore be very difficult to surmount. The core issue here is easy to state. Most countries are relying predominantly on the private sector to drive faster renewables investment; private firms invest on the basis of expected profits; but profitability in renewables is rarely attractive.
And the IEA, for its part, expects China to continue to be the sole meaningful over-achiever. It recently revised upwards by 728 GW its forecast for total global renewables capacity additions in the period 2023–27. China’s share of this upward revision? Almost 90 percent.
While China surges ahead, the rest of the world remains stuck.
The main answer is that in China, such development is capitalist in only a very limited sense. Certainly, the entities centrally involved in building out new solar and wind farms in China are companies. But almost all are state-owned. Take wind. Nine of the country’s top 10 wind developers are owned by the government, and such state-owned players control in excess of 95 percent of the market.
Add to this the fact that the banks financing all the new renewables development in China are generally also state-owned and directed, and a stark reality comes into focus. This is essentially central planning in action.
In the West, by contrast, the energy transition has effectively been outsourced to the private sector. Governments are by and large relying on private firms, driven by the profit motive, to substitute carbon-free for fossil-fuel-based power generation resources.
Under capitalism, profit expectations drive companies’ investment decisions. Developing and operating solar and wind farms and selling the electricity they generate, however, generally is not a very profitable business.
The consequence of all this is that Western policymakers face a choice that will only get starker as emissions continue and global temperatures further rise.
The alternative? To face a growing risk of climate catastrophe.
https://time.com/6958606/climate-cha...on-capitalism/

Even idiots know that China can't build coal powered power plants fast enough, they can't mine Lithium or refine cobalt quick enough but they are the model to solve the climate crisis?
The wet dream of all climate change cultists.
'Political power grows out of the barrel of a gun.'
Mao Zedong

[M5Rick]

Originally Posted by Car-Addicted

The truth of climate change is it has nothing to do with the climate.
Capitalism Can’t Solve Climate Change
03/20/2024
Worse still, the world is failing on the energy transition for reasons that strike at the heart of capitalist economies, and which will therefore be very difficult to surmount. The core issue here is easy to state. Most countries are relying predominantly on the private sector to drive faster renewables investment; private firms invest on the basis of expected profits; but profitability in renewables is rarely attractive.
And the IEA, for its part, expects China to continue to be the sole meaningful over-achiever. It recently revised upwards by 728 GW its forecast for total global renewables capacity additions in the period 2023–27. China’s share of this upward revision? Almost 90 percent.
While China surges ahead, the rest of the world remains stuck.
The main answer is that in China, such development is capitalist in only a very limited sense. Certainly, the entities centrally involved in building out new solar and wind farms in China are companies. But almost all are state-owned. Take wind. Nine of the country’s top 10 wind developers are owned by the government, and such state-owned players control in excess of 95 percent of the market.
Add to this the fact that the banks financing all the new renewables development in China are generally also state-owned and directed, and a stark reality comes into focus. This is essentially central planning in action.
In the West, by contrast, the energy transition has effectively been outsourced to the private sector. Governments are by and large relying on private firms, driven by the profit motive, to substitute carbon-free for fossil-fuel-based power generation resources.
Under capitalism, profit expectations drive companies’ investment decisions. Developing and operating solar and wind farms and selling the electricity they generate, however, generally is not a very profitable business.
The consequence of all this is that Western policymakers face a choice that will only get starker as emissions continue and global temperatures further rise.
The alternative? To face a growing risk of climate catastrophe.
https://time.com/6958606/climate-cha...on-capitalism/

Even idiots know that China can't build coal powered power plants fast enough, they can't mine Lithium or refine cobalt quick enough but they are the model to solve the climate crisis?
The wet dream of all climate change cultists.
'Political power grows out of the barrel of a gun.'
Mao Zedong

Then when it all goes feet up they can say oh well we tried while ignoring the financers who may have lost out ''nothing to do with us, the scientists told us this was the best way and we simply forced ourselves out of nothing to make scapegoats and turn it into a lawful agenda. ''We were fooled, we have to be seen to be doing the right or wrong thing whatever the cost'' doh

[Efthreeoh]

Originally Posted by NickyC

Not surprising. Only the start of the scale backs.

https://www.autonews.com/regulation-...amid-criticism

There’s a defunct shopping mall a few miles from my house. The parking lot is being used right now by Tesla, and the herd of brand new vehicles sitting in that lot is growing by the day. Hard to estimate, but there could be between 700-1000 cars sitting there right now. The parking lot looks like a few days before Christmas at the old mall.

That reminds me of when VW stop-sale and recalled all their diesels. In 2017 we roadtripped out West in the Z3, I member seeing sports stadiums with parking lots full of VW diesels.

[Efthreeoh]

Originally Posted by RM7

Well, now we know why the Tesla went backwards into the pond:



Did the Tesla keep her from killing innocent people on the road?

If she was just driving on the ranch, then no harm no foul. But I'd like to know did the Model Y catch on fire while underwater? That would totally suck to get burned to death while at the same time drowning. Ugh.

[M5Rick]

Originally Posted by Efthreeoh

That reminds me of when VW stop-sale and recalled all their diesels. In 2017 we roadtripped out West in the Z3, I member seeing sports stadiums with parking lots full of VW diesels.

You checked if they are still there heheh

[M5Rick]

Originally Posted by Efthreeoh

If she was just driving on the ranch, then no harm no foul. But I'd like to know did the Model Y catch on fire while underwater? That would totally suck to get burned to death while at the same time drowning. Ugh.

Fire and water wouldn't mix in this scenario,,Ough!

[dgoldenz]

I saw a post from the car dealership guy on Twitter with an ad for a 2023 Volvo C40 EV that was $58k MSRP with 10k miles on it for $28k. And that’s the advertised price which means they prob paid 23k in trade/wholesale.

Someone got fleeced. Nobody wants to buy a new EV now that people have seen the massive depreciation they’re taking, hence the massive rebates. The cycle will continue as the low resale will create a large spread between new and used where it doesn’t make sense to buy new unless you’re leasing. So then they have to heavily subsidize the lease and the cycle continues as values are further depressed for used ones.

[Car-Addicted]

Study Suggests Automakers Lose $6,000 On Each EV Sold
March 21st, 2024
A new study is claiming that automakers lose an average of $6,000 for every $50,000 electric vehicle they sell. Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs.
Profitability is the other big issue, with Loh suggesting that something will need to change if the industry cannot figure out how to make the next generation of all-electric vehicles consistently profitable.
EV intenders want 20-minute charging times, a 350-mile driving range and a price of $50,000, according to the group's report on the survey.
Boston Consulting Group seems rather skeptical about the viability of all-electric vehicles, even if the industry continues being supported by tax dollars issued on behalf of the government via subsidies.
Survey results suggested that EV fanatics were more interested in hybrids (especially PHEVs) than combustion vehicles and they likewise saw broader public appreciation than automobiles wholly reliant on electric motors.
https://www.thetruthaboutcars.com/ca...-sold-44505820

Modern socialist math, lose $6,000 on each EV but make it up on volume

[crAbb]

[Car-Addicted]

Maine rejects sweeping electric vehicle mandate in blow to governor's climate agenda
March 21, 2024
The Maine Board of Environmental Protection (BEP) turned down the so-called Advanced Clean Cars program after receiving overwhelming opposition from stakeholders and citizens. The proposed program would have closely mirrored regulations approved in California, mandating that at least 51% of new car purchases in the state be electric by 2028 and 82% be electric by 2032.
"The Maine Board of Environmental Protection received nearly 1,800 comments from the people of Maine and nearly 84% were not in favor of this EV mandate,"
Critics of aggressive EV requirements warned that the Maine power grid is currently unequipped to handle the significantly increased demand and load that would be generated by widespread EV adoption. They also argued that power outages, triggered by storms like the December windstorm, could render large swaths of an electrified transportation sector useless.
According to the Alliance for Automotive Innovation, a group that represents major automakers, 5.8% of total car purchases in Maine last year were electric or plug-in hybrid.
Democratic Maine Gov. Janet Mills, who has pursued an aggressive climate agenda since taking office, did not respond to a request for comment at press time.
https://www.foxnews.com/politics/mai...climate-agenda

[Car-Addicted]

Originally Posted by Weather Man

That is awful and means the used market is basically paralyzed until dealers and individuals take the whipping and dump the inventory at discovery price, which will be painful.

The elephant in the room is that most EV's are sold on leases so it's the lease company who is holding the paper on these used EV's. A lot of these leasing companies are owned by the manufacturers, directly or indirectly. Most reports are the glut in off lease EV and the lowering of prices from the manufacturer have made this a buyers market. I think your dealer is an outlier and I'll bet if you walked into the dealership you would get a hell of a deal, assuming you wanted a EV?

[crAbb]

Originally Posted by Car-Addicted

The elephant in the room is that most EV's are sold on leases so it's the lease company who is holding the paper on these used EV's. A lot of these leasing companies are owned by the manufacturers, directly or indirectly. Most reports are the glut in off lease EV and the lowering of prices from the manufacturer have made this a buyers market. I think your dealer is an outlier and I'll bet if you walked into the dealership you would get a hell of a deal, assuming you wanted a EV?

Here in the UK, Porsche dealers won't take a Taycan as a px.

[crAbb]

Originally Posted by Efthreeoh

If she was just driving on the ranch, then no harm no foul. But I'd like to know did the Model Y catch on fire while underwater? That would totally suck to get burned to death while at the same time drowning. Ugh.

I'm sorry, but I just spat my beer out over the dogs head, laughing at this

[crAbb]

Originally Posted by Weather Man

Bentley was one of the first established automakers to commit to a fully electric future, telling the world in 2020 that it intended to built its last combustion engine in 2030. From that point onwards, the plan was for all Bentley models to be full EVs.

As suggested by the tense of that last sentence, that now seems to be changing. Bentley’s CEO, Adrian Hallmark, told journalists that the 2030 deadline should no longer be regarded as hard and fast. “We may drag it out a bit longer,” he said, on an embargo'd conference call on Friday discussing the company’s financial results, “but not to 2035 or 2040, just for a couple more years.”

Here in the UK, where Bentleys are assembled from VW parts, the news is that Bently are focusing on hybrid (gas plus battery), at the expense of the EV program, as the market is realigning itself for a more modest uptake in BEV than out politicians would like us to believe.