Posted on 12/08/2023 2:25:22 AM PST by dennisw
A trio of companies, including Ford, have iced plans for a large electric vehicle plant in Turkey, citing cooling demand.
The news (also involving LG Energy Solution and Koç Holding) is a blow to innovation and investment momentum happening among some of the largest automakers around the world.
Why is it important?
Widespread EV use is a key part of reducing planet-warming air pollution. With no tailpipe emissions, EVs produce less dirty air during the vehicle’s lifetime than gas-powered vehicles, even when considering pollution generated from battery manufacturing, according to the U.S. Environmental Protection Agency.
The typical gas-powered passenger vehicle makes more than five tons of foul air each year with heat-trapping gas, per the EPA.
EV innovations and partnerships from companies of all sizes are regularly announced. But, another big-time commitment from a high-profile brand like Ford would be a boon for EV momentum.
For its part, Koç will “evaluate potential battery cell investments in the future in line with the dynamics of the electric vehicle market,” the company told Electrek.
What should I do? It’s important to be a savvy shopper the next time you visit an auto dealer. Prices are dropping, even for big brands like Tesla, as the market fluctuates.
Newer models are entering the scene and providing more competition, which is a good thing for buyers.
Keep an eye out for the latest government tax breaks and other programs made to incentivize EV adoption. Depending on what’s being offered, leasing may be a better option.
As for Ford and Koç, the businesses “will remain committed to support electric vehicle production” through already operational plants, per a Koç statement published by Electrek.
(Excerpt) Read more at msn.com ...
“the latest government tax breaks and other programs made to incentivize EV adoption. “
That’s what’s keeping this EV scam afloat—government, not the marketplace. Take away the incentives and let EVs compete on a level playing field with ICE vehicles.
Who only drives 10,000 miles a year.
Young man I work with has a Tesla he purchased a year ago last summer.
About 18 months ago. I just ask him the miles on car. He said 31000. I am outside now looking at it. Yep. Got brand new tires.
Widespread EV use is a key part of reducing planet-warming air pollution.
~~~~~
False.
There. Fixed it.
“By the time they get the plant built, the left will change their minds on what’s saving the planet”
Meanwhile .gov pays the wealthy to get wealthier on the latest “climate” scam.
They are saying that plans for this plant are iced due to cooling demand. I’d say it’s more likely that there never was any REAL demand.
True that... It’s never enough for them.
After everybody moves into a caves and heats each other with body heat, maybe then they’ll be satisfied. Until then, the ‘green’ line always is moving further and further left.
When it was time a year and a half ago to replace my wife's old ICE crossover, I did the research and math on if it'd be in our best interest to replace it with another used ICE crossover, a new ICE crossover, or a new EV crossover.
Going EV meant an increase in weight of about 10%, so I assumed an increase in tire replacement cost of 10%. I assumed that to roughly equal the savings in brake pad replacement cost (because most braking in an EV is done with regen braking leaving little wear on brake pads).
As far as miles to drive per year to get enough savings in gas and oil changes to be worth the flat extra costs with EV's ($200 annual EV fee in Alabama to account for not paying gas taxes, plus extra in monthly premium for car insurance for full coverage of a more expensive vehicle -- in my case that's $40/month extra going from liability only coverage of an old car to full coverage of a new, more expensive car). Then there's the fact that on average I was replacing our used ICE car every 7 years with another used ICE car, but going EV meant replacing the battery at 10 years for $10K in today's prices (more if it's expensive like a Tesla). Then there's the up front cost of installing a home charger.
With all of that I determined that about 12K miles per year is the threshold for if getting an EV is better than an ICE (using Alabama costs for gas and power). Since we drive our EV 26K miles per year, with about 16K of those miles charged at home, it's really worth it for us.
But all of that is from a free market perspective, not from forcing EV's onto us like the Dims want. Other reasons IMHO to not get an EV besides if you don't drive enough miles are: if you're not in the market anyway for a car (get all of the good you have in your existing cars before spending money on another one), you have no way to charge it at home, you need only 1 car (i.e. married people often need 2 cars) so that you wouldn't have an ICE car for the long trips in areas with poor fast chargers, most of the long trips you drive are in areas that don't have good fast chargers (assuming the EV would be your new car, you'd want it to usually be the one you take on long trips), or if the ICE car you need to replace soon is a pickup that you often use for pickup chores (I every now and then carry too much weight too long distances for an EV pickup to fit my needs).
An excellent point.
They are saying that plans for this plant are iced due to cooling demand. I’d say it’s more likely that there never was any REAL demand.
Yeah, 10k is a bit low but not by much. Fedgov says average nationally of 14k with state averages ranging from 7k (DC) to 24K (WY)
https://www.trustedchoice.com/insurance-articles/wheels-wings-motors/average-miles-driven-per-year/
Over 400 Ford dealers said no to Ford for electric cars as they cannot sell what they have plus the gas cars are much much higher in price to subsidize the electric ones and that is slowing sales.
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