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E-car Sales Collapse

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(edited)

4 hours ago, TailingsPond said:

GM is investing over $35 billion through 2025 in electric vehicles"

Ponds there is a wonderful American nostalgic movie.. The Wizard OF OZ, in that production there is a character coined The Scarecrow. His most famous line..If I Only Had a Brain..quite a fun melody actually take note.

GM and Ford cannot develop battery production cost effectively, China will not by any stretch be involved...Bejing Biden has been nurtured. 

Musk has 20 yrs of builds behind Tesla, 1000's of billions of tax payer money, infrastructure that bought and paid for and now aggressively cutting margins and lowering price points across the entire industry. 

Ford's CEO recently made a glaring omission..."I have no idea what’s going on in this industry right now,” 

The final collapse of green is imminent...Build Back Better was the final nail in it's coffin.

https://www.theverge.com/2023/5/22/23733215/ford-ev-battery-size-weight-safety-jim-farley

I have no idea what’s going on in this industry right now,” Ford CEO Jim Farley said during his company’s capital markets event Monday. He referenced electric vehicles coming out with 450–500 miles of range, including “a three-row crossover” announced today that was likely the new electric Cadillac Escalade.

Below another example of the sheer desperation of green manufacturing. Software sales..from Ford!

 

https://www.theverge.com/2023/5/22/23732762/ford-second-generation-ev-three-row-suv-350-miles-range

But investors were still skeptical about Ford’s plan to continue to burn piles of cash as it competes with dominant players like Tesla and China’s BYD, which produces several low-cost EVs for the Chinese market. Ford’s executives stressed that software revenue, from expenses like subscription to hands-free driving features and through its Ford Pro division, should help bolster its profit margins.

 

 

Edited by Eyes Wide Open
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3 hours ago, Eyes Wide Open said:

Ponds there is a wonderful American nostalgic movie.. The Wizard OF OZ, in that production there is a character coined The Scarecrow. His most famous line..If I Only Had a Brain..quite a fun melody actually take note.

GM and Ford cannot develop battery production cost effectively, China will not by any stretch be involved...Bejing Biden has been nurtured. 

Musk has 20 yrs of builds behind Tesla, 1000's of billions of tax payer money, infrastructure that bought and paid for and now aggressively cutting margins and lowering price points across the entire industry. 

Ford's CEO recently made a glaring omission...I don't know the Industry anymore...the final collapse of green is imminent...Build Back Better was the final nail in it's coffin.

https://www.theverge.com/2023/5/22/23733215/ford-ev-battery-size-weight-safety-jim-farley

I have no idea what’s going on in this industry right now,” Ford CEO Jim Farley said during his company’s capital markets event Monday. He referenced electric vehicles coming out with 450–500 miles of range, including “a three-row crossover” announced today that was likely the new electric Cadillac Escalade.

Below another example of the sheer desperation of green manufacturing. Software sales..from Ford!

 

https://www.theverge.com/2023/5/22/23732762/ford-second-generation-ev-three-row-suv-350-miles-range

But investors were still skeptical about Ford’s plan to continue to burn piles of cash as it competes with dominant players like Tesla and China’s BYD, which produces several low-cost EVs for the Chinese market. Ford’s executives stressed that software revenue, from expenses like subscription to hands-free driving features and through its Ford Pro division, should help bolster its profit margins.

 

 

..the final collapse of green is imminent...Build Back Better was the final nail in it's coffin. ?????  Farley did not say that.....guess all you have is making up BS

 

 

 

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(edited)

1 hour ago, notsonice said:

..the final collapse of green is imminent...Build Back Better was the final nail in it's coffin. ?????  Farley did not say that.....guess all you have is making up BS

 

 

 

Great catch..you have demonstrated some value...Proof reading.... Imagine that!

Ford's CEO recently made a glaring omission..."I have no idea what’s going on in this industry right now,” 

The final collapse of green is imminent...Build Back Better was the final nail in it's coffin.

It would be rather dismissive of me not to comment on Cadillac EV production for 2023..It seems it's over for 2023..Bigly is not in the headlines..

GM Made Nearly 3,000 Cadillac Lyriq Units In January 2023

Shipping of the Lyriq has lagged production because GM placed a quality hold to resolve teething issues in the new electric luxury crossover. The General only delivered 122 units of the Cadillac Lyriq in all of calendar 2022 as it worked on a vehicle software management update, a fix for a cracking liftgate panel, and a recall for display issues.

With the 2023 Cadillac Lyriq’s scheduled final day of production on March 17th, 2023 looming, and the start of regular production (SORP) for the 2024 Cadillac Lyriq fast approaching on March 20th, 2023, GM will shift an unspecified number of 2023 Cadillac Lyriq orders over to the 2024 model year.

https://gmauthority.com/blog/2023/02/gm-made-nearly-3000-cadillac-lyriq-units-in-january-2023/

Edited by Eyes Wide Open

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13 hours ago, Eyes Wide Open said:

Great catch..you have demonstrated some value...Proof reading.... Imagine that!

Ford's CEO recently made a glaring omission..."I have no idea what’s going on in this industry right now,” 

The final collapse of green is imminent...Build Back Better was the final nail in it's coffin.

It would be rather dismissive of me not to comment on Cadillac EV production for 2023..It seems it's over for 2023..Bigly is not in the headlines..

GM Made Nearly 3,000 Cadillac Lyriq Units In January 2023

Shipping of the Lyriq has lagged production because GM placed a quality hold to resolve teething issues in the new electric luxury crossover. The General only delivered 122 units of the Cadillac Lyriq in all of calendar 2022 as it worked on a vehicle software management update, a fix for a cracking liftgate panel, and a recall for display issues.

With the 2023 Cadillac Lyriq’s scheduled final day of production on March 17th, 2023 looming, and the start of regular production (SORP) for the 2024 Cadillac Lyriq fast approaching on March 20th, 2023, GM will shift an unspecified number of 2023 Cadillac Lyriq orders over to the 2024 model year.

https://gmauthority.com/blog/2023/02/gm-made-nearly-3000-cadillac-lyriq-units-in-january-2023/

your posts are nothing but BS, easy catch

 

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On 5/24/2023 at 3:45 PM, Eyes Wide Open said:

Great catch..you have demonstrated some value...Proof reading.... Imagine that!

Ford's CEO recently made a glaring omission..."I have no idea what’s going on in this industry right now,” 

The final collapse of green is imminent...Build Back Better was the final nail in it's coffin.

It would be rather dismissive of me not to comment on Cadillac EV production for 2023..It seems it's over for 2023..Bigly is not in the headlines..

GM Made Nearly 3,000 Cadillac Lyriq Units In January 2023

Shipping of the Lyriq has lagged production because GM placed a quality hold to resolve teething issues in the new electric luxury crossover. The General only delivered 122 units of the Cadillac Lyriq in all of calendar 2022 as it worked on a vehicle software management update, a fix for a cracking liftgate panel, and a recall for display issues.

With the 2023 Cadillac Lyriq’s scheduled final day of production on March 17th, 2023 looming, and the start of regular production (SORP) for the 2024 Cadillac Lyriq fast approaching on March 20th, 2023, GM will shift an unspecified number of 2023 Cadillac Lyriq orders over to the 2024 model year.

https://gmauthority.com/blog/2023/02/gm-made-nearly-3000-cadillac-lyriq-units-in-january-2023/

What an interesting deal.

https://www.cnbc.com/2023/05/25/tesla-elon-musk-ford-jim-farley-ev-twitter-spaces-talk.html

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On 5/24/2023 at 2:45 PM, Eyes Wide Open said:

Great catch..you have demonstrated some value...Proof reading.... Imagine that!

Ford's CEO recently made a glaring omission..."I have no idea what’s going on in this industry right now,” 

The final collapse of green is imminent...Build Back Better was the final nail in it's coffin.

It would be rather dismissive of me not to comment on Cadillac EV production for 2023..It seems it's over for 2023..Bigly is not in the headlines..

GM Made Nearly 3,000 Cadillac Lyriq Units In January 2023

Shipping of the Lyriq has lagged production because GM placed a quality hold to resolve teething issues in the new electric luxury crossover. The General only delivered 122 units of the Cadillac Lyriq in all of calendar 2022 as it worked on a vehicle software management update, a fix for a cracking liftgate panel, and a recall for display issues.

With the 2023 Cadillac Lyriq’s scheduled final day of production on March 17th, 2023 looming, and the start of regular production (SORP) for the 2024 Cadillac Lyriq fast approaching on March 20th, 2023, GM will shift an unspecified number of 2023 Cadillac Lyriq orders over to the 2024 model year.

https://gmauthority.com/blog/2023/02/gm-made-nearly-3000-cadillac-lyriq-units-in-january-2023/

So if Tesla is the face of green in transportation. They seem to be making money and are expanding. How you Russians come up with green collapse is a mystery. Solar and wind are growing slowly but steady. Battery factories are being built all over the globe. So exactly what green is collapsing? 

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My biggest fear is all the brand new infrastructure going up for Nat gas exports may be obsolete right after being built. Nat gas rig counts are dropping from lack of demand. Apparently Europe doesn't need as much help as reported. Imagine that. As renewables become cheaper FF in general will continue to lose market share of old demand or a smaller share of new demand. I read more money will be invested in solar than oil this year. Somewhere around 380 billion each. That was a suprise. 

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(edited)

1 hour ago, TailingsPond said:

1 selling vehicle in the world is an EV.

  • That's according to estimates from firm JATO Dynamics, as reported in enthusiast publication Motor1.

US sales only...LMAO 

653,957 F-Series

513,354 Chevy Silverados

 Stellantis sold 468,344

 

https://www.jato.com/jato-blog/

https://www.jato.com/evs-take-centre-stage-at-day-3-of-the-future-of-the-car-summit/?from_newsroom=true

JATO..just another environmental propaganda rag...Your worse than Jay...where is that old crow by the way?

 

 

 

https://www.freep.com/story/money/cars/ford/2023/01/05/ford-sales-4th-quarter-2022-f-series-trucks/69780437007/

Edited by Eyes Wide Open
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On 5/24/2023 at 11:29 PM, Eyes Wide Open said:

Ponds there is a wonderful American nostalgic movie.. The Wizard OF OZ, in that production there is a character coined The Scarecrow. His most famous line..If I Only Had a Brain..quite a fun melody actually take note.

GM and Ford cannot develop battery production cost effectively, China will not by any stretch be involved...Bejing Biden has been nurtured. 

Musk has 20 yrs of builds behind Tesla, 1000's of billions of tax payer money, infrastructure that bought and paid for and now aggressively cutting margins and lowering price points across the entire industry. 

Ford's CEO recently made a glaring omission..."I have no idea what’s going on in this industry right now,” 

The final collapse of green is imminent...Build Back Better was the final nail in it's coffin.

https://www.theverge.com/2023/5/22/23733215/ford-ev-battery-size-weight-safety-jim-farley

I have no idea what’s going on in this industry right now,” Ford CEO Jim Farley said during his company’s capital markets event Monday. He referenced electric vehicles coming out with 450–500 miles of range, including “a three-row crossover” announced today that was likely the new electric Cadillac Escalade.

Below another example of the sheer desperation of green manufacturing. Software sales..from Ford!

 

https://www.theverge.com/2023/5/22/23732762/ford-second-generation-ev-three-row-suv-350-miles-range

But investors were still skeptical about Ford’s plan to continue to burn piles of cash as it competes with dominant players like Tesla and China’s BYD, which produces several low-cost EVs for the Chinese market. Ford’s executives stressed that software revenue, from expenses like subscription to hands-free driving features and through its Ford Pro division, should help bolster its profit margins.

 

 

Ferrari has announced that they won't be joining the feast of producing EV recently...

Italians might be one of the pioneers in fast car designs.

Now, they are one of the few  with independent decision making mind.. 

IMG_20230527_010716.jpg

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(edited)

12 hours ago, specinho said:

Ferrari has announced that they won't be joining the feast of producing EV recently...

 

No, they said they will continue to make some gas supercars.  Niche market for the super rich.

"Ferrari currently offers four hybrid models but still has no pure EV plans until 2025. The automaker expects fully electric vehicles to represent 40% of its fleet by the end of the decade."

https://electrek.co/2023/05/15/ferrari-resists-evs-as-part-of-companys-heritage/

PS dark matter holds galaxies together, and antimatter doesn't exist outside of tiny quantities in laboratories. 

Edited by TailingsPond

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(edited)

https://www.businessinsider.com/cheap-chinese-electric-cars-will-upend-the-us-vehicle-market-2023-5?utm_source=notification&utm_medium=referral

 

Say goodbye to the US car market as we know it: Cheap Chinese EVs are coming

May 16, 2023, 12:24 PM CDT
 
BTW, I have predicted this from the initial success of Chinese electric cars. Can Tesla compete with a low priced car made in Mexico? Will the next president set up trade barriers to prevent imports from China? Will China decide to play nice with the western powers plus Japan, and Korea? Will China become a less threatening country? Will their aging population destroy much of their competitive strength against Mexico, India and other countries. RCW 
 
 
An illustration of three cars in front of the Chinese flag.
Just like Japan and Korea before it, China could snag American buyers with cheaper offerings.  ERIC PIERMONT / Getty Images; Arif Qazi / Insider
 
  • Chinese brands have the mastered quality and affordability of electric vehicles.
  • After years of eyeing the American market, Chinese brands are poised to arrive in the US.
  • A managing director said the competition from Chinese brands was "very, very real."
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After years of preparation, Chinese car companies are poised to upend the US electric-vehicle market.

Industry watchers say it's only a matter of time before Chinese automakers bring their impressive — and importantly, inexpensive — electric cars to the US. After years of threatening to set up shop in America, the companies are closer than ever to making the move.

On their home turf, Chinese companies have already vanquished their American competitors, eating up market share from the likes of Ford and General Motors by offering better quality and less expensive electric cars for shoppers. They've started exporting a slew of brands to Europe too.

As Chinese car-industry leaders like Nio and Geely eye a move to the States, the question is whether they can overcome political frictions – and whether American buyers will go along for the ride?

"It's going to be an interesting couple of years ahead to see whether Ford and GM and the like can stave off that Chinese competition coming in," Martin French, a managing director at the consultancy Berylls, said. "From what we saw at the Shanghai auto show this year, that competition is very, very real."

China's EV industry has exploded in recent years. In 2022, US EV sales hit a new high of 800,000, while Chinese buyers snapped up some 5 million electric passenger vehicles. After years unchallenged, Tesla is about to lose its crown as the world's largest EV maker to a Chinese company, BYD.

Toyota, Hyundai, and now BYD

In the 1970s, Japanese car companies like Toyota and Honda swooped in with affordable and fuel-efficient vehicles that knocked US carmakers on their heels. More recently, Hyundai, Kia, and other Korean brands have been eating Ford and GM's lunch on SUVs.

History may repeat itself. Chinese EV manufacturers can gain a foothold in the US by coming in at a budget price point, analysts said.

"Is it possible for Chinese companies to do what others have done before, only now with electric vehicles? The answer is absolutely," Bill Russo, a former Chrysler executive and the CEO of Automobility, a Shanghai-based advisory firm, told Insider. "Who doesn't want affordable vehicles?"

But as political tensions between China and the US intensify, entry into the American market could be more painful for China than it was for Japan or Korea. In addition to general anxieties from consumers who may be less likely to support a Chinese brand, analysts said, lawmakers are likely to apply more scrutiny to any Chinese company with plans to operate in the US.

A Trump-era import tariff of 27.5% remains in effect on Chinese cars, while the Biden administration's new tax credits for EV purchases favor vehicles built in North America with battery components that don't come from China.

China is winning on prices

American brands — including Tesla — have been promising a long-range EV option priced at or below $30,000 for years. But progress has been slow and sometimes regressive. GM plans to cancel the Bolt EV, America's cheapest EV, by the end of 2023 and use that factory to build pricey electric pickups instead.

Meanwhile, Chinese brands are unmatched in affordability on their home turf and in Europe.

One of China's most popular EVs is the Wuling Hong Guang Mini, a minuscule city car that costs roughly $5,000. At the Shanghai auto show last month, BYD launched the Seagull, a stylish, pint-sized hatchback with an estimated range of 190 miles. Its starting price? Under $11,000.

Tu Le, the managing director of Sino Auto Insights, a consulting firm that specializes in the Chinese auto industry, said Chinese firms aren't skimping on quality for the sake of affordability.

"They have the products to back it up," he said. "I've driven a number of the Chinese EV brands, and boy oh boy, the Europeans are in trouble."

 
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But Chinese domination won't happen overnight

Even when Chinese brands do hit American shores, it won't happen all at once. These companies are likely to test the waters with low-volume launches and study the market before diving in fully. Of the dozens of brands that may want a slice of the pie, only a few would be able to sell in the US at any significant volume, Le said.

The carmakers most likely to break through first will be those that already have a global presence, Russo said: Geely and BYD. (BYD's CEO recently said the company isn't currently eyeing the American passenger-car market, but the company does already have a small commercial vehicle footprint here).

Polestar, a Swedish EV brand owned by Geely and Volvo, already imports from China. The EV startup Nio has announced plans to enter the US by 2025.

The next step: Set up manufacturing in North America, which Le expects Chinese firms to do once they snag a foothold in the market. The sheer size of the US car market means new entrants will need to build locally to compete seriously in the long term, he said. 

"Americans think the tidal wave is coming from Silicon Valley. It's not," Le said. "It's coming from both directions."

Do you love your EV? Never giving up gas? Have another story to share about the auto industry? Contact these reporters at tlevin@insider.com and

Edited by Ron Wagner
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5 minutes ago, Ron Wagner said:

More pro EV news.

The "E-car sales collapse" thread title is funny - more like "watch the EV transition rapidly unfold."

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(edited)

https://www.reuters.com/world/india/indias-ev-dawn-fans-expectations-fuel-demand-may-peak-early-2023-01-27/

Could India win the long game for the EV markets? It has lower priced labor and a very young population. It just passed China in population and has a high birth rate. It has good relations with Russia, which could be problematic for the western nations. RCW 

 

Analysis: India's rapid take-up of electric vehicles prompts rethink about long-term fuel needs

January 26, 202310:45 PM CSTUpdated 4 months ago
A man charges an electric vehicle (EV) at the charging hub of Indian ride-hailing BluSmart Electric Mobility in Gurugram
 
 
 
 
 
 
 
 
 

[1/5] A man charges an electric vehicle (EV) at the charging hub of Indian ride-hailing BluSmart Electric Mobility in Gurugram, India, December 9, 2022. REUTERS/Anushree Fadnavis

 

NEW DELHI, Jan 27 (Reuters) - The rapid take-up of electric vehicles in India's fledgling market has prompted a major rethink about the country's long-term fuel needs as refiners in Asia's third-largest economy hasten their shift away from oil production.

India, one of the world's fastest growing oil markets, has lagged major economic peers in Europe and Asia in the adoption of EVs but sales are now picking up and investment in the production of new autos and energy infrastructure is accelerating.

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The faster-than-anticipated industry growth means India's gasoline consumption will peak sooner than previously thought, some analysts and industry participants say, forcing top oil firms to expedite transition plans to alternative business lines, notably increased petrochemical manufacturing.

"We were anticipating that peak gasoline demand will be around 2040-2045 earlier, but going by the trend and the speed with which we are developing the ecosystem around EVs, the peak demand would be mid-2030s," Debasish Mishra, Partner, energy, resources and industrials, Deloitte India told Reuters. He expects diesel demand to peak around the same time as petrol.

Slowing fuel demand will be quite visible by around 2030 as EV technologies stabilise, compared with an earlier projection of 2040s, an industry source at an India-based refinery told Reuters, adding that heavy trucking sector will see changes a little later.

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"Refiners are already investing in petrochemical integration to cope with the potential loss in fuel demand," said the source who declined to be named because he is not authorised to speak to the media.

Currently, around 90% of Indian petrochemical demand is met by China, he said, so a shift by Indian refiners towards domestic chemical needs could dramatically change supply dynamics.

Indian refiners are investing billions of dollars to raise petrochemical capacity. Indian Oil Corp (IOC.NS), the country's top refiner, is raising petrochemical capacity at its Panipat refinery by 13% and building new plants linked to its Paradip and Gujarat refineries.

Reliance Industries Ltd (RELI.NS), operator of the world's biggest refining complex, plans to invest 750 billion rupees ($9.38 billion) to expand its chemical business, while Essar Group plans to set up a 400 billion rupee petrochemical complex in east India.

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Nayara Energy (ESRO.M3) expects 15-20 new integrated petrochemical plants will start in the next decade.

Reuters Graphics
Reuters Graphics

EVs, TRUCKS

China currently dominates global EV production and domestic adoption of new energy vehicles is well advanced. The China Passenger Car Association expects sales of new energy cars, mainly EVs, to hit 8.5 million units this year, or 36% of all new sales.

Despite new momentum in India, the question for the country is whether it will be enough to ultimately shake its fossil fuel dependency.

"Limited charging infrastructure, low domestic EV production and high EV battery costs remain some of the key hurdles in maintaining strong EV uptake in the long run," said Dylan Sim, oil market analyst at FGE.

India's progress is modest by global comparisons, however, last year registered EVs tripled to 1.01 million from 2021, most of them two- and three-wheelers.

While EVs make up just 1% of the 3 million cars sold each year, New Delhi wants to grow this to 30% by 2030 and has introduced a range of policies to get there, including tax breaks for consumers.

India's state refiners, which dominate fuel retailers, plan to set up EV charging facilities at more than 22,000 fuel stations and highways by 2024.

The private sector is also providing EV bulls hope.

Gurugram-headquartered ride-hailing service Blusmart, which owns a fleet 3,000 EVs, has seen brisk growth.

Its co-founder Punit Goyal told Reuters it now provides 500,000 monthly trips, up from about 35,000 when it started in 2019.

Local automakers like Tata Motors and Mahindra & Mahindra have made big investments while foreign players like Kia and BYD have announced premium models for the Indian market.

About 40% of India's fuel demand is for diesel, which is mostly used by trucks.

Chetan Maini, chairman of Sun Mobility, which provides electric mobility solutions, said India's smaller trucks, including three-wheelers, are likely to be early adopters in the transition given the cost advantage for e-commerce and delivery firms.

His company currently has 80 battery swapping stations in Delhi for two- and three-wheelers and plans to set up 200 by March.

"A large opportunity by 2030 is going to be on the trucking side because the cost economics will work out really well," Maini said.

Reporting by Mohi Narayan in New Delhi; Additional reporting by Arundhati Sarkar in Bengaluru; Editing by Sam Holmes

Our Standards: The Thomson Reuters Trust Principles.

 
 
Edited by Ron Wagner

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Ford's huge deal with Tesla: EV hits this week (msn.com)

"Ford Motor Company (NYSE:F) jumped 6.2% after announcing late Thursday that it struck a major deal with Tesla (NASDAQ:TSLA) that will allow Ford-produced electric vehicles to charge at Tesla Supercharger stations in the U.S. and Canada.

Ford's EV models fitted with the Combined Charging System (CCS) port, namely F-150 Lightning, Mustang Mach-E and E-Transit, will get access to Tesla's V3 Superchargers, although the vehicles will require a Tesla-developed adapter to use the stations. Ford added that starting in 2025, it will begin to equip its cars with Tesla's NACS charging port, eliminating the need for an adapter to use Tesla-branded stations."

 

You can see the transition accelerating...

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(edited)

An electric Mustang costs about $9 to "fill the tank", i.e. charge it to a range of 230 miles or more.

No ICE power train can compete.

End of story . . . 

Edited by lexington green
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On 5/27/2023 at 9:26 PM, TailingsPond said:

More pro EV news.

The "E-car sales collapse" thread title is funny - more like "watch the EV transition rapidly unfold."

Thats because the thread was started by Mark Lawson, another of his gems was "investment in renewables is tanking" clearly they arent!

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On 5/25/2023 at 10:13 PM, Boat said:

So if Tesla is the face of green in transportation. They seem to be making money and are expanding. How you Russians come up with green collapse is a mystery. Solar and wind are growing slowly but steady. Battery factories are being built all over the globe. So exactly what green is collapsing? 

Green propaganda has already collapsed into mush....the first sign of a decaying movement.

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On 5/24/2023 at 10:29 AM, Eyes Wide Open said:

Ponds there is a wonderful American nostalgic movie.. The Wizard OF OZ, in that production there is a character coined The Scarecrow. His most famous line..If I Only Had a Brain..quite a fun melody actually take note.

GM and Ford cannot develop battery production cost effectively, China will not by any stretch be involved...Bejing Biden has been nurtured. 

Musk has 20 yrs of builds behind Tesla, 1000's of billions of tax payer money, infrastructure that bought and paid for and now aggressively cutting margins and lowering price points across the entire industry. 

Ford's CEO recently made a glaring omission..."I have no idea what’s going on in this industry right now,” 

The final collapse of green is imminent...Build Back Better was the final nail in it's coffin.

https://www.theverge.com/2023/5/22/23733215/ford-ev-battery-size-weight-safety-jim-farley

I have no idea what’s going on in this industry right now,” Ford CEO Jim Farley said during his company’s capital markets event Monday. He referenced electric vehicles coming out with 450–500 miles of range, including “a three-row crossover” announced today that was likely the new electric Cadillac Escalade.

Below another example of the sheer desperation of green manufacturing. Software sales..from Ford!

 

https://www.theverge.com/2023/5/22/23732762/ford-second-generation-ev-three-row-suv-350-miles-range

But investors were still skeptical about Ford’s plan to continue to burn piles of cash as it competes with dominant players like Tesla and China’s BYD, which produces several low-cost EVs for the Chinese market. Ford’s executives stressed that software revenue, from expenses like subscription to hands-free driving features and through its Ford Pro division, should help bolster its profit margins.

 

 

Tesla seems to be the only profitable manufacturer in the USA and a strong competitor worldwide. Theoretically, the Chinese could win the top slot worldwide but that would depend on getting rid of the CCP.  India could be a big competitor worldwide if it has a good foreign policy. It is trying to eliminate Christians and all non Hindus on the sly. That and it has a traditional affinity with Russia, probably due to Marxists within. 

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On 5/27/2023 at 2:46 PM, TailingsPond said:

No, they said they will continue to make some gas supercars.  Niche market for the super rich.

"Ferrari currently offers four hybrid models but still has no pure EV plans until 2025. The automaker expects fully electric vehicles to represent 40% of its fleet by the end of the decade."

https://electrek.co/2023/05/15/ferrari-resists-evs-as-part-of-companys-heritage/

PS dark matter holds galaxies together, and antimatter doesn't exist outside of tiny quantities in laboratories. 

EVs will continue to be the niche market for the wealthy. A ridiculous monument to a failed philosophy.

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On 5/27/2023 at 1:43 AM, specinho said:

Ferrari has announced that they won't be joining the feast of producing EV recently...

Italians might be one of the pioneers in fast car designs.

Now, they are one of the few  with independent decision making mind.. 

IMG_20230527_010716.jpg

Except their slower. So who cares. 

  • Haha 1

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17 hours ago, Ecocharger said:

EVs will continue to be the niche market for the wealthy. A ridiculous monument to a failed philosophy.

14 million out of an expected 69 million this year and increasing every day

what does that work out to be?????......

 

I will help you on this one as you seem to be mathematically challenged

20 percent

and 2024

expected to be

27.5 percent

and 2025

expected to be

36 percent

2030

over 50 percent

the niche market for the wealthy?????? must be all the new wealthy people in the US thanks to sleepy Joe's job creation machine'

enjoy the transition , I am

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On 6/1/2023 at 2:21 AM, Ron Wagner said:

Tesla seems to be the only profitable manufacturer in the USA and a strong competitor worldwide. Theoretically, the Chinese could win the top slot worldwide but that would depend on getting rid of the CCP.  India could be a big competitor worldwide if it has a good foreign policy. It is trying to eliminate Christians and all non Hindus on the sly. That and it has a traditional affinity with Russia, probably due to Marxists within. 

  India's affinity with Russia has nothing to do with Marxism, but is due to the US's unceasing military support of archenemy Pakistan. As a result, India sources their military equipment from a wide range of manufacturers, with the Russian ones approximately 50% of total military imports. If they would end up in an all-out war with Pakistan, security of military supplies from the USA and their allies would be questionnable.

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