Posted on 10/23/2023 7:52:24 AM PDT by rktman
Farley, whose company is set to lose $4.5 billion on its EV production this year, remains confident in their longer-term profitability. He embarked on a Route 66 road trip in August in Ford’s F-150 Lightning electric pickup truck, noting that “there are things you can’t learn in an office or from a PowerPoint,” in a LinkedIn post announcing the trip.
While on the road, Farley encountered inconsistencies in available charging. Some of the EV chargers he used were effective and provided a painless experience, while in another case, he had to use a low-speed charger that juiced up his truck’s battery to 40% in 40 minutes because there were no high-speed chargers available, he said on X, formerly Twitter. “It was a really good reality check,” Farley said of his experiences with EV charging, which he also described as “pretty challenging.”
The Biden administration, recognizing the up-front costs for both EV producers and consumers, has spent billions of dollars and aggressively regulated markets to facilitate its EV push. President Joe Biden is aiming for 50% of all new vehicle sales to be EVs by 2030, according to the White House.
The administration has committed $12 billion to allow manufacturers to retrofit their plants for EV production and $7.5 billion from the bipartisan infrastructure law to develop a national charging network, while the Inflation Reduction Act (IRA) contains $12.5 billion worth of tax credits to entice consumers into switching to an EV, according to UtilityDive.
(Excerpt) Read more at dailycallernewsfoundation.org ...
We just don’t have the electrical generating and charging infrastructure, to support the mass adoption of electric vehicles. But in spite of that, our government officials insist on force feeding electric vehicles on us, whether practical or not.
They do it, only because of political pressure and promises of $$$ awards and social-engineering from government. Its a state-run industry attitude, not very different from what you might see in the Soviet Union or China.
As such, we can expect the US auto industry to be destroyed and become a ward of the state
It's all about making personal transportation unaffordable for the masses. Cash For Clunkers, was the beginning.
Virtue signalling often comes with a cost (inconvenience; time; physical limitations, etc., etc.)
I just laugh that they don’t understand this.
Ha! Thanks for posting.
If it doesn’t come into place via a free market, it’s just a scam that’s a function of tax-dollar racketeering.
Charging stations in dem-o-rat run crapholes will become robbery/car jacking stations.
Funny...I know his Global Technology Director, would have told him this.
Gas is logical.
But stupid people apparently have to learn the same lesson again and again and again.
EV’s A failed 20th century solution for a non-existant 21st century problem.
Copper cables vanish in the night?
Dealnews lists great daily bargains from computers to lawn equipment, furniture, software to whatever....Today one of the deals was Hertz EV rentals. Tesla and other EVs were renting for $32 per day——but mentioned 216 mile range.
I thought, “well that stinks” as I was thinking of renting a car to travel to our Daughter’s house in WV that’s 526 miles away. Most likely that would require two charging stops (or maybe three) which could add another 2-3 hours total, IF I’m able to find open charging stations.
No thanks-—I’ll just put the miles on my car.
The Soviet Union used to love idiotic five-year industrial plans and controlling industry with government bureaucrats and look how that worked out for them.......
They understand it.
They are committed to fascist rule.
Yep.
But you can learn in a HS Physics class........................
EV where you can buy half the car for twice the price.
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