Posted on 07/24/2022 10:04:44 AM PDT by DUMBGRUNT
The auto industry gambles its finances on big electric vehicles for the rich, like Ford’s Mustang Mach-E and GM’s Hummer EV, and second-rate cars for everybody else.
OK. Buyers aren’t drawn to the electric Mustang or Ford’s new F-150 Lightning pickup to solve climate change. These are exciting, high-tech gadgets in their own right. And that’s fine. Even so, customers’ appetite might slacken if they were told the truth. Ford leaked this week for the benefit of the investment community plans to lay off thousands of workers to fatten the profits of its conventional vehicles.
As Ford CEO Jim Farley said in March, “we need them to be more profitable to fund” Ford’s $50 billion in spending on mostly high-end EVs, which have the least chance of being net reducers of CO2.
Their dreamland is Norway, where hybrid and electric-vehicle miles now exceed conventional-vehicle miles, thanks to generous subsidies to EV buyers. Paid for how? With 0.07% of the world’s people, Norway exports 2% of the world’s oil and gas, 30 times its share of global population.
According to the consultancy AlixPartners, some $526 billion is currently being invested to create dozens of mostly high-end electric vehicles aimed at the 17% of buyers who constitute the luxury market. The impact on climate of these cars will be zero.
(Excerpt) Read more at wsj.com ...
And do not forget the new and improved road taxes added to them by the states. Such a deal!
Top response at WSJ site:
“The real reason I drive an electric vehicle is because I enjoy the thought of a vehicle powered by a battery made with plenty of toxic metals mined by children in the poorest parts of Africa, and which will become an environmental hazard once it is no longer viable. Fortunately I can use the “climate crisis” as a cover for the true source of satisfaction I get from my EV!”
Logic?
” a battery made with plenty of toxic metals mined by children in the poorest parts of Africa,”
Obviously a poster taken in by the extremists’ propaganda!
"Average annual hydropower generation capacity in 2019 was around 131 TWh, about 95% of total electricity production."
iPhones on wheels.
What are all these car companies making electric cars going to do when man made climate change becomes a settled hoax like Russia collusion? It pretty much is now, isn’t it. 2006 Al Gore said we only had 10 years left. Well 2016 has come and gone 6 years ago. He could have said we have 10 years left in 2016 as well and now that is 4 years away and guess what? Nothing is going to be different.
What will we drive on after there is no more asphalt coming from the now defunct refineries?
Huh?
How did WSJ come up with that whopper? Zero?
There has to be another shoe to drop in the article to explain that fallacy but I'm not subscribing to find out.
Top speed 32mph - Range 60 miles(allegedly)
Pickup truck too
Unboxing & Testing My Chinese "$2,000" ELECTRIC Truck!(not me)
I can applaud laying of a few thousand UAW drones.
UAW = United Against Work.
Automation (I installed a lot of it in GM/Ford powertrain plants in the ‘90s) should have allowed Ford/GM to cut labor costs, but noooooo. UAW fought it tooth and claw. At one point workers were clocking in and then spending their whole shift in a “bull-pen” doing nothing, but getting full pay.
So I think Ford is being very clever here. GM needs to follow suit.
Shipping to United States... lemmee guess 22K?
“The impact on climate of these cars will be zero.”
If one travels north on I-95 in the second half of April, one will notice that the trees can be green around Richmond, nearly bare just south of Fredericksburg, and increasingly green as one heads north through the Washington suburbs towards the Capitol.
One can also notice via the clouds in the sky a heat island roughly centered on downtown DC. This used to extend to the northernmost point in DC in the 1980s, but now extends to the Washington Beltway.
Higher levels of CO2 have an effect on the atmosphere, but it is limited in area.
I saw some moron charging an electric Jeep Wrangler yesterday.
The only time he’ll ever go off road is a gravel parking lot
Electric vehicles are being put on the road before there is sufficient infrastructure to support them. Worse, their FORCED adoption is probably stifling REAL engineering advances that could perhaps more easily and economically solve the problem of where to derive the energy needed to produce the power to propel road and industrial vehicles.
Fuel cells filled with hydrogen are still a more efficient and environmentally sound means of supplying the energy as needed, without resorting to sometimes clumsy and inefficient storage mediums like rechargeable batteries, which are NOT a prime source of energy, but only a stopgap measure. Ultimately, batteries will be abandoned except for intermittent use in initiating the operation cycle, then taken offline, to be recharged during the operational phase of the main power generation system.
The emotion-driven, reality-denying secular religion of the Left is based solely on “good intentions”. Logic, reason and, especially, wisdom has no place in the tenets of their cult.
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