Posted on 11/11/2021 7:37:48 AM PST by Red Badger
The thing is, the EV industry would probably develop faster and better without taxpayer money based simply on the idea that once government money is involved then the efficiencies and speed of advancement inherent in strictly private capitalistic ventures slows to a crawl. I think EVs are our future especially as commuter vehicles just wish government would stand clear.
Too bad AAA retired those vehicles.
"The trucks were equipped with Level 2 and Level 3 chargers and would provide about 10-15 minutes of charge. That should be enough to get you to a charging station nearby. According to Torque News, the trucks and chargers were retired sometime before 2019. AAA still offers to tow the vehicles, but it cannot recharge on the side of the road.
https://www.motorbiscuit.com/what-happens-when-your-electric-vehicle-runs-out-of-charge/
AAA is now affiliated with Sparkcharge.
Thanks Red Badger. There are a couple Jim Cramer vids about the IPO, both interesting to some extent. Rivian's truck is gorgeous IMHO, a few years back the prototype was at auto shows and caught a lot of eyes, it's got camping in mind and looks like a "real" pickup compared with the Cybertruck.
However, when I used the three quarters of 2021 Tesla vehicle production figured against the entire year (24/7 production rate), I got 71 produced per hour (the actual figure, IOW, is higher than that), and Rivian's produced about 160 vehicles so far.
The biz plan calls for a production figure by 2030 that is not likely to be achieved. I think it's a good stock to hold, after the price craters a bit. And I think it is going to crater, as some IPOs do when the froth stops.
Where will the charging statins go, certainly not in any rural settings and how much corruption will be involved?
As to this company I see a big short in it’s future. Who will be able to afford those cars?
And yes where is all that electricity coming from to power all of it. Guess what is doesn’t exist and would be 10 years or more before enough capacity and expansion of the grid could happen. We would need probably at least 10 years or more of the world’s entire copper output to do it. AND THAT AIN’T HAPPENING!
Let’s see, add a nuke plant in Wyoming and mr. bill’s land holdings of farms and ranches throughout the US … hmmm.
USA 2.0? Or mega-ark (Logan’s run)? Maybe too much sci-fi in my reading history.
He’s probably right on the nuclear plant question. But there is something unseemly about these people being invited to “climate change” negotiations and meetings. They are clearly conflicted to put it kindly. They buy up all the mineral sources needed for batteries, and then get to negotiate how much and how soon the taxpayers will pay to mine them?
Government selling us out faster than ever. And right in the open for anyone who cares to look.
China is trying to corner or at least control the known supplies of materials to make batteries ( solar panels, power production and aerospace too). That means others that want in on now or have future supplies not controlled by Chinese companies have to buy now and there by styme the Chinese government’s monopoly. They have to buy up and outbid Asian companies now as soon as the resources are known. Afghistan is an example as the wanted minerals are in open sites but the locals waring made extraction impossible. Now that the taliban are in charge (one side control) China will be teething to get there. All the western countries and Russia have a bad taste to the taliban so why not use China to mine it for cash?
You mean the Taliban letting the Chinese “mine it for cash”? If so yes, totally agree. Their emissaries are there as I type negotiating to buy everything from minerals to helicopters to night vision goggles etc. Ironically I’ll suggest they are negotiating to run an oil pipeline from Iran, through Afghanistan, and into China. This will effectively break any attempt at embargo or sanctions against Iran emboldening them to build out their nuke program to the maximum.
Of course, this whole story is nonsense. Global warming is a total scam designed to extort taxpayer money and send it to a select few billionaires, funds, and Senator’s sons. And to the Chinese communists. As you said they will have 90% of the minerals needed for batteries, and they build nearly all the windmills and solar panels. Ross Perot was right there is a “giant sucking sound” except he was wrong, it’s not coming from Mexico.
Sure, there’s a lot of money to be made in the other 10% of minerals so Bezos and Gates will get in on the action. We’ll need nuclear too because we can’t replace carbon based energy from solar and wind in the next 12 years. It’s just not practically on the horizon. If we really want carbon neutral energy nuclear is the only short-mid term option.
I am not against clean air and clean water of course. But forget about us Westerners. What about all the developing countries? Or underdeveloped countries. Carbon energy remains the cheapest and most efficient means to alleviate their blight, droughts, poverty, economic position for the next several generations. These countries are in no position to plunk down $500 billion for solar crapola. They need easy to deploy, cheap energy sources to desalinate water, run water pipes, run sewage lines, grow and harvest crops, and develop internal industries to lift themselves out of poverty. This COP26 BS is really a big F.U. to the impoverished nations of the world. We can bribe their leaders with shiny objects - that is all we have done for decades. But if we really want to see them lifted out of poverty, cheap oil and gas is the fastest and easiest route to get them there. Then, later, they can reposition from a position of greater relative strength if they want to.
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