GREEN NEW DEAL = BLIZZARD OF LIES

[Ecocharger + 886]

3 minutes ago, Jay McKinsey said:

If no one wanted to "buy into that" EVs wouldn't be the fastest selling used cars.

The used EV market is virtually non-existent, and will remain so.

[Eyes Wide Open + 3,134]

 

 

5 minutes ago, Ecocharger said:

The used EV market is virtually non-existent, and will remain so.

As stated many times, merely a novelty. 

Edited March 8 by Eyes Wide Open

[Jay McKinsey + 1,213]

6 minutes ago, Eyes Wide Open said:

 

 

As stated many times, merely a novelty. 

At what percentage of new vehicle market share would you say they stop being a novelty?

Edited March 8 by Jay McKinsey

[Eyes Wide Open + 3,134]

25 minutes ago, Jay McKinsey said:

At what percentage of new vehicle market share would you say they stop being a novelty?

We had a brief exchange awhile ago, the dealer body and others told a certain some one to pound salt. How this all unwind will be done quietly behind the scenes.

 

Ford CEO Farley: No Plan to Spin Off EV Business

Ford, Farley said, can’t just pivot from internal combustion engines to battery-powered vehicles. The internal combustion engine organization is good at body, paint and manufacturing, and would be envied by startup EV makers.

But “I can’t turn to the ICE organization and say ‘go be Tesla.’ They may do it on the (auto) body. They may do it in plant operations, but that’s not good enough,” he said, without giving specifics of what changes are coming.

Ford has only 15% of the market in the U.S., so the transition to battery vehicles is a chance to attract new customers. But Farley said it needs to make the buying process simple and all online.

https://www.ttnews.com/articles/ford-ceo-farley-no-plan-spin-ev-business

[Jay McKinsey + 1,213]

4 minutes ago, Eyes Wide Open said:

We had a brief exchange awhile ago, the dealer body and others told a certain some one to pound salt. How this all unwind will be done quietly behind the scenes.

 

Ford CEO Farley: No Plan to Spin Off EV Business

Ford, Farley said, can’t just pivot from internal combustion engines to battery-powered vehicles. The internal combustion engine organization is good at body, paint and manufacturing, and would be envied by startup EV makers.

But “I can’t turn to the ICE organization and say ‘go be Tesla.’ They may do it on the (auto) body. They may do it in plant operations, but that’s not good enough,” he said, without giving specifics of what changes are coming.

Ford has only 15% of the market in the U.S., so the transition to battery vehicles is a chance to attract new customers. But Farley said it needs to make the buying process simple and all online.

https://www.ttnews.com/articles/ford-ceo-farley-no-plan-spin-ev-business

You didn't answer my question but whatever. The dealer body told him no such thing! The new plan puts pain to the dealers as even your blurb states "But Farley said it needs to make the buying process simple and all online."

Ford EV, ICE split will mean big changes for dealers

Ford is asking its dealers to implement some of the most significant changes to their business in decades as it works to modernize its retail strategy and beat back threats from Tesla and EV startups. https://www.autonews.com/dealers/ford-ev-ice-split-will-mean-big-changes-dealers

Ford Dealers Will Likely Have To Sell EVs At Fixed Prices Under New Plan

Change has proven to be abundant in the automotive world over the past couple of years, with the chip shortage prompting automakers like Ford to shift strategy by trimming inventory and moving toward a more profitable build-to-order model. This is nothing new for EV automakers like Rivian or Tesla, however, which currently sell vehicles built to order at fixed prices with little to no physical inventory or even dealerships/showrooms to speak of. Now, it seems that Ford dealers may very likely also have to sell electric vehicles at fixed prices soon, according to a new report from Automotive News.

As Ford Authority reported last week, FoMoCo plans to split its business into two distinct entities – Model e, which will focus on EVs, and Ford Blue, which will focus on ICE vehicles, and will ask dealers to specialize in either one of the two or its Ford Pro commercial business. While many long-standing traditions won’t change as part of this split, Ford is reportedly looking at developing a new set of operating standards for Ford dealers that sell EVs which would capitalize on the strength of its dealer network while also borrowing a few ideas from automakers like Rivian and Tesla.

Those standards include things like selling EVs at fixed prices, carrying zero inventory, and operating in scaled-down facilities. Dealers will be allowed to opt-in if they wish to sell the automaker’s EVs alongside ICE-powered vehicles. It’s currently unclear how much such a move would cost dealers or what sort of requirements will be in place, though the automaker’s “next-generation” EV certification costs roughly $35,000. Dealers that currently sell the Ford Mustang Mach-E and E-Transit will be allowed to continue to do so – along with the Ford F-150 Lightning – through the end of 2023, while the new retail model would launch in January of 2024.

https://fordauthority.com/2022/03/ford-dealers-will-likely-have-to-sell-evs-at-fixed-prices-under-new-plan/

[Jay McKinsey + 1,213]

54 minutes ago, Eyes Wide Open said:

 

 

As stated many times, merely a novelty. 

Clearly Ford doesn't think they are a novelty.

[Eyes Wide Open + 3,134]

Just now, Jay McKinsey said:

But Farley said it needs to make the buying process simple and all online."

That day will never come. Jay that's the beauty of the auto business. See the mistakes of others and capitalizing on it.

But I'm quite sure the mfg's love this artificial environment, selling cars and no incentives, no competition. In the end it makes for very bad results.

Frankly were about 6 months away from a paradigm shift, Biden is about to walk away from the Green Progressive agenda..just as Clinton did. Only this time it's far to late...Putin has crashed the entire system.

[Eyes Wide Open + 3,134]

6 minutes ago, Jay McKinsey said:

Clearly Ford doesn't think they are a novelty.

Jay Ford is walking away...this transition will take time. Or they can hold their hand up and openly state...yeah we blew it.....LMAO 

Then there is all those rebates again

Edited March 8 by Eyes Wide Open

[Jay McKinsey + 1,213]

2 minutes ago, Eyes Wide Open said:

Jay Ford is walking away...this transition will take time. Or they can hold their hand up and openly state...yeah we blew it.....LMAO 

Then there is all those rebates again

Walking away from what?

[Jay McKinsey + 1,213]

11 minutes ago, Eyes Wide Open said:

That day will never come. Jay that's the beauty of the auto business. See the mistakes of others and capitalizing on it.

But I'm quite sure the mfg's love this artificial environment, selling cars and no incentives, no competition. In the end it makes for very bad results.

Frankly were about 6 months away from a paradigm shift, Biden is about to walk away from the Green Progressive agenda..just as Clinton did. Only this time it's far to late...Putin has crashed the entire system.

It goes into effect January of 2024.

[Eyes Wide Open + 3,134]

29 minutes ago, Jay McKinsey said:

It goes into effect January of 2024.

Think So? Read the last paragraph.It is all telling, by the way...the Supreme Ct does not weigh in policy making..just the constitutionality of policy. And the EPA does not make LAW...they will be struck down..

Supreme Court Hears Arguments in Landmark Climate Change Case

As the justices consider their decision, they leave hanging perhaps the most important major question from today: When will all three branches of the United States federal government finally come to recognize the seriousness of the climate crisis?

https://www.sierraclub.org/sierra/supreme-court-hears-arguments-landmark-climate-change-case-EPA-clean-power-plan

 

Edited March 8 by Eyes Wide Open

[Jay McKinsey + 1,213]

1 hour ago, Eyes Wide Open said:

Think So? Read the last paragraph.It is all telling, by the way...the Supreme Ct does not weigh in policy making..just the constitutionality of policy. And the EPA does not make LAW...they will be struck down..

Supreme Court Hears Arguments in Landmark Climate Change Case

As the justices consider their decision, they leave hanging perhaps the most important major question from today: When will all three branches of the United States federal government finally come to recognize the seriousness of the climate crisis?

https://www.sierraclub.org/sierra/supreme-court-hears-arguments-landmark-climate-change-case-EPA-clean-power-plan

 

Too late for that to matter in regard to EVs. The market, both consumers and investors, has spoken. Legacy ICE companies aren't running in fear of Tesla because of the EPA. 

Edited March 9 by Jay McKinsey

[Jay McKinsey + 1,213]

3 hours ago, Eyes Wide Open said:

Ohhh my!

More like this:

[notsonice + 645]

4 hours ago, Ecocharger said:

The used EV market is virtually non-existent, and will remain so.

yep as no one is willing to part with their EV's after they buy a new one.......Enjoy the thought

 

and with Today's price of Gas.......the demand for EV's is skyrocketing......

Big Oil is its own worst enemy....Putin is putting   EV's , renewables and battery storage in overdrive....voooom voooooom

 

Edited March 9 by notsonice

[Ecocharger + 886]

4 hours ago, Jay McKinsey said:

At what percentage of new vehicle market share would you say they stop being a novelty?

That is not the question, the question is about used vehicles markets, where the EVs do not exist.

EVs are about less than 1% of vehicle markets, not worth the ink you are spilling over it.

Edited March 9 by Ecocharger

[Ecocharger + 886]

The resurgence of oil and coal markets is making mincemeat out of the Green plans for the future, they are now in shreds and that is a good thing for the planet and for humanity.

https://oilprice.com/Energy/Energy-General/Nothing-But-Bullish-News-As-Oil-Prices-Soar.html

"2021 Sees Record CO2 Emissions from Energy. According to the International Energy Agency, global energy-related emissions rose to an all-time high of 36.3 billion tonnes in 2021, up 6% year-on-year, as exorbitant gas prices rekindled interest in coal burning."

[Jay McKinsey + 1,213]

1 minute ago, Ecocharger said:

That is not the question, the question is about used vehicles markets, where the EVs do not exist.

EVs are about less than 1% of vehicle markets, not worth the ink you are spilling over it.

No, the question I asked was about the new vehicle market. You know, the market that matters. The used car market is just a derivative.

[notsonice + 645]

Ford plans to produce 2 million EVs annually, generate 10% operating profit by 2026

PUBLISHED WED, MAR 2 20229:21 AM ESTUPDATED THU, MAR 3 20227:33 AM EST

 

Michael Wayland@MIKEWAYLAND

SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

KEY POINTS

• Ford plans to produce more than 2 million electric vehicles annually and generate a 10% adjusted operating profit margin by 2026.
• Both targets would be substantial increases from the company’s current operations.
• Ford and other major automakers are racing to create production capacity for EVs to meet what’s expected to be rapid adoption in the emerging segment this decade.

In this article

• F+0.09 (+0.56%)

 

Ford has started initial pre-production of its electric F-150 Lightning pickup truck at a new plant in Dearborn, Mich.

Michael Wayland | CNBC

Ford Motor plans to produce more than 2 million electric vehicles annually and generate a 10% adjusted operating profit margin by 2026, the company announced Wednesday as part of a larger restructuring of its EV and legacy businesses.

Both targets would be substantial increases from the company’s current operations. Ford reported a 7.3% adjusted operating profit in 2021. It only sold roughly 64,000 of its all-electric Mustang Mach E crossovers globally in 2021, including 27,140 in the U.S.

 

Ford’s restructuring plan includes reorganizing operations to separate its electric and internal combustion engine, or ICE, businesses into different units within the automaker.

The plans were lauded by investors, sending shares of the automaker up 8.4% on Wednesday to $18.10 a share. Ford’s stock is down about 13% this year.

“We applaud Ford’s decision to take the first important step to optimize the competing missions of the EV/ICE businesses,” Morgan Stanley analyst Adam Jonas said Wednesday in an investor note. “In our opinion, other legacy auto OEMs may be planning something similar. Ford leads the world in actually announcing it.”

Ford plans to produce 2 million EVs annually, generate 10% operating profit by 2026

PUBLISHED WED, MAR 2 20229:21 AM ESTUPDATED THU, MAR 3 20227:33 AM EST

 

Michael Wayland@MIKEWAYLAND

SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

KEY POINTS

• Ford plans to produce more than 2 million electric vehicles annually and generate a 10% adjusted operating profit margin by 2026.
• Both targets would be substantial increases from the company’s current operations.
• Ford and other major automakers are racing to create production capacity for EVs to meet what’s expected to be rapid adoption in the emerging segment this decade.

In this article

• F+0.09 (+0.56%)

 

Ford has started initial pre-production of its electric F-150 Lightning pickup truck at a new plant in Dearborn, Mich.

Michael Wayland | CNBC

Ford Motor plans to produce more than 2 million electric vehicles annually and generate a 10% adjusted operating profit margin by 2026, the company announced Wednesday as part of a larger restructuring of its EV and legacy businesses.

Both targets would be substantial increases from the company’s current operations. Ford reported a 7.3% adjusted operating profit in 2021. It only sold roughly 64,000 of its all-electric Mustang Mach E crossovers globally in 2021, including 27,140 in the U.S.

 

Ford’s restructuring plan includes reorganizing operations to separate its electric and internal combustion engine, or ICE, businesses into different units within the automaker.

The plans were lauded by investors, sending shares of the automaker up 8.4% on Wednesday to $18.10 a share. Ford’s stock is down about 13% this year.

“We applaud Ford’s decision to take the first important step to optimize the competing missions of the EV/ICE businesses,” Morgan Stanley analyst Adam Jonas said Wednesday in an investor note. “In our opinion, other legacy auto OEMs may be planning something similar. Ford leads the world in actually announcing it.”

[notsonice + 645]

GM Hopes to Deliver 400,000 EVs in North America by 2024

CEO Mary Barra presented the ambitious goal and announced a third electric truck factory to investors on Tuesday.

BY CALEB MILLER

FEB 3, 2022

 

 

GMC

• General Motors CEO Mary Barra told investors Tuesday that GM plans to deliver 400,000 EVs by the end of 2023, according to Automotive News.
• Barra also said that GM will build a third electric truck factory to supplement Factory Zero and the Orion assembly plant, which will be converted to build the Silverado EV.
• GM sold fewer than 25,000 EVs last year but plans to launch several electric models in the next two years.

Nearly every automaker has made bold promises about the number of electric vehicles they will introduce in the coming decade, but their ambitious plans ultimately depend on Americans actually buying EVs over gas-powered cars. Electrified vehicles—including plug-in and traditional hybrid vehicles—still made up less than 10 percent of overall car sales in the United States in 2021. Nonetheless, General Motors CEO Mary Barra announced Tuesday that GM aims to deliver 400,000 EVs in North America by the end of 2023, as reported by Automotive News.

 

CAR AND DRIVER

To help meet this lofty goal, GM plans to release 20 EVs in the United States through 2025, with 10 additional EVs for global markets. GM announced last week that it would convert the Orion assembly plant, which currently makes the Chevy Bolt EV and EUV, to build the Chevy Silverado EV and its yet-to-be-revealed GMC Sierra counterpart. The Factory Zero plant in Detroit is already building the GMC Hummer EV, and Barra said Tuesday that it will add a third factory dedicated to electric trucks. A planned facility in Lansing, Michigan, will construct the Ultium battery that is set to underpin many of GM's upcoming EVs.

MORE GM EV NEWS

2024 Chevy Silverado EV Will Have 400-Mile Range

2022 GMC Hummer EV Is Built to Wow

2024 Chevy Equinox EV Will Start at around $30,000

Barra said that these investments will result in more than a million units of EV capacity—including 600,000 full-size trucks—in North America by the end of 2025. Last year, GM sold fewer than 25,000 EVs in the U.S.—24,828 Bolt EV and EUVs were delivered, while just one Hummer EV reached a customer. 

[KeyboardWarrior + 519]

On 3/7/2022 at 2:48 PM, Jay McKinsey said:

Demand for used EVs exceeds supply. The number 1,2,4 and 7 in demand used cars in the US are PEV

You made this claim but your chart is talking about something else entirely. When you say that the demand for used EV's exceeds supply, you're not actually saying anything about the demand for EV's as opposed to ICE's. You're running in another direction.

You should have figured that I was going to ask the following, and I now will: Does the demand for used EV's vastly outweigh the demand for used ICE's? 

[KeyboardWarrior + 519]

31 minutes ago, notsonice said:

Electrified vehicles—including plug-in and traditional hybrid vehicles—still made up less than 10 percent of overall car sales in the United States in 2021.

Did you read this part of what you just posted? Or did you frantically search for sensational news before posting without a second guess? 

[KeyboardWarrior + 519]

The decision to buy an EV is a function of car cost, recharge cost, and maintenance, before we begin to discuss more elusive variables like convenience (IE recharging time) or the feeling of satisfaction that some knuckleheads feel when they think they're saving the planet. All of these have lower limits for price reduction. Some people need to figure out how well these lower limits size up to the associated costs of an ICE. 

Edited March 9 by KeyboardWarrior

[Eyes Wide Open + 3,134]

3 minutes ago, KeyboardWarrior said:

Did you read this part of what you just posted? Or did you frantically search for sensational news before posting without a second guess? 

If you were to research EV deployment in most of the EU you would find the govt and local corporations make up the entire EV market.  At the same time ICE vehicle production is down...not be made by over 80%. Jay is a character like none I have ever met....

EV's are taking the world by storm...LMAO what a character.

[KeyboardWarrior + 519]

Just now, Eyes Wide Open said:

If you were to research EV deployment in most of the EU you would find the govt and local corporations make up the entire EV market.  At the same time ICE vehicle production is down...not be made by over 80%. Jay is a character like none I have ever met....

EV's are taking the world by storm...LMAO what a character.

He was saying that three years ago and I've yet to spot more than three of these pieces in all of my travels. Go figure. 

[Eyes Wide Open + 3,134]

2 minutes ago, KeyboardWarrior said:

He was saying that three years ago and I've yet to spot more than three of these pieces in all of my travels. Go figure. 

 Caption Chaos! EV's Arise!

 

Edited March 9 by Eyes Wide Open