So is Ohms Law!........
“auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy”
They shouldn’t have engaged in these plans to begin with. They can’t say they weren’t warned that this was foolhardy.
Fire the CEO’s who bought in on it. They are worthless and guessed wrong, and wrecked their companies.
Getting Dylan Mulvaney to appear in some ads could probably help increase sales, don’tcha think?
Gotta shut up the climate folks who say its our fault rather than mother nature at work.
It’s not supposed to be feasible. It’s supposed to contribute to the bankruptcy of the country and the enslavement of the public.
Follow the Japanese model making decent little ICE cars in the 20k range that are thrown away after 5 or 6 years. Little $300 per month payments.
This Luxury crap is nonsense.
“...at least in the near term...”
Eh-eh...all term.
Woke politics invaded business through human resource departments, legal, and board rooms...and businesses are learning that they have no place in business.
It's the Bud Light Effect.
Typical leftists with their pie in the sky ideas which are always poorly thought out. They always seem to think they can put the cart before the horse and the horse will push.
Morons!
Woke C-Suite clowns who have swallowed the Marxist “climate change” hoax and embraced CRT/DIE/ESG flapdoodle. Not just empty suits, but empty suits chock full of horse excrement.
Auto executives: EVs just aren’t working.
Biden: I’ll up the subsidies to $35,000 per vehicle.
Auto executives: EVs sure are swell!
Market saturation?
Dear customer! Are you tired of your two car garage? Do want to file an insurance claim and build a 3 car garage? Sure you do. Buy our EV and let it sit in your garage while charging and we guarantee within 6 months it will burn your garage down. Just make sure the rest of the house is secured and be on guard. If you fall asleep, the whole house may catch on fire! We don’t want that to happen with you in it, do we? Of course not.
They would be better off investing in breeding horses and building carriages and wagons.
They aren’t supposed to work, they are supposed to make the costs of personal transportation too high for the average person, and hasten the arrival of “15-Minute Cities”.
The only way the climate cultists are going to get people to drive electric cars is to totally ban the internal combustion engine (I’m not trying to give them any ideas — they are surely considering mandates at some point)
EVs are expensive. Maybe that’s 20% of the market. This is an example why the command economy in the former Soviet Union failed.
First AND second law. Batteries only store energy that comes from some other process. In this country primarily fossil fuel then nuclear then the the so-called renewables. (First law) and at every transition point some companies f that energy is lost to entropy (second law) battery cars burn about the same amount of fossil fuel as ICE powered cars. They just do it in a more indirect fashion.
Let me clear out all the BS and Politics here.
I don’t care if your car runs on cow farts or electrons.
I want a better car for a lower total cost of ownership.
Like it or not, TSLA is driving prices lower. Their ASP (before gov incentives) is lower than the average gas car sold, and you get a car that can get out of it’s own way. This is why people buy cars, not because it’s an EV. Well, maybe the early adopters, but now, it’s all about price to performance.
I pay ~ 9 cents / KW here in Texas. A 75 KW battery costs me $6.75 to charge. You get ~330 (EPA estimate) miles of range for that in a model Y or model 3.
My Mustang GT with Coyote 5.0 engine makes over 450 HP, and has a 0-60 of ~ 4.3 seconds. The Model Y performance does 0-60 in 3.5 seconds, and it has 4 doors.