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The West’s humiliating electric car climbdown has begun
Yahoo News ^ | 2/2/24 | Matthew Lynn

Posted on 02/03/2024 11:05:04 AM PST by CFW

France’s President Macron had a plan to make millions of electric vehicles a year. Chancellor Scholz planned to put 15 million on Germany’s roads by 2030. President Biden trumped the lot with a $174bn (£138bn) plan to make the US the world leader. Even Boris Johnson Get info without leaving the page.

– remember him – had a £1bn plan to beef up our charging network.

Rewind only a couple of years, and almost every president or prime minister was making electric vehicles the cornerstone of an industrial strategy. And yet, this week we have learned that Renault is abandoning plans to separately list its electric vehicle (EV) and software business, while Volvo is winding down its Polestar electric sports car subsidiary.

In reality, amid an onslaught of Chinese competition, and falling sales, the West’s electric vehicle dream is quickly unravelling – and we need to relearn all the lessons in why grand, state-led industrial strategies never work.

[snip]

There is nothing wrong with EVs themselves. They are often great as run-arounds for dense urban environments, and as long as the raw materials are sourced correctly, and the chargers are not powered by coal-burning generators, they are probably a little better for the environment than the petrol version.

If people want them, then that’s great. The trouble with the industry right now is that demand is falling because the vehicles cost far more than anyone expected, and what market there is will be captured by Chinese manufacturers such as BYD that can make vehicles far more cheaply than anyone in the West can. The result? A lot of government money will be wasted.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Front Page News; Government; Politics/Elections
KEYWORDS: automotive; business; deadbatteries; ecars; economy; electric; ev; evs; failure; fires
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Government motto: "Subsidize failure with tax-payer dollars!"
1 posted on 02/03/2024 11:05:04 AM PST by CFW
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To: CFW

“There is nothing wrong with EVs themselves.”

I stopped reading after that.


2 posted on 02/03/2024 11:10:13 AM PST by devere
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To: CFW

They work well on the golf course.


3 posted on 02/03/2024 11:10:36 AM PST by gitmo
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To: CFW

“There is nothing wrong with EVs themselves“

Ahem… where to begin.


4 posted on 02/03/2024 11:10:42 AM PST by gibsonguy
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To: CFW

“France’s President Macron had a plan to make millions of electric vehicles a year. Chancellor Scholz planned to put 15 million on Germany’s roads by 2030.”

Tesla: 2+ million a year.


5 posted on 02/03/2024 11:11:17 AM PST by TexasGator
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To: CFW
There is nothing wrong with EVs themselves.

They misspelled "battery cars".

6 posted on 02/03/2024 11:14:01 AM PST by newfreep ("There is no race problem...just a problem race")
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To: CFW
EVs are useful if you live in a nation where oil is scarce and you don't want to depend on imports from Saudi Arabia or Russia.

That's not the case for us. We have so much oil that we can be self-sufficient.

7 posted on 02/03/2024 11:15:27 AM PST by MinorityRepublican
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To: CFW

Humiliating? More like “$mooth move assclowns!”. Sadly, someone raked in a 💩 ton of our tax dollar$.


8 posted on 02/03/2024 11:16:20 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: CFW
There is nothing wrong with EVs themselves.

Other than the blazing inferno in the garage, they're fine.

9 posted on 02/03/2024 11:18:21 AM PST by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: CFW

“We need to relearn all the lessons...’’

Don’t you just love how when the liberals favorite pipe dream blows up in their faces suddenly it’s everybody’s fault?

Liberals and their eighth grade girl schemes to ‘’save the Earth!’’.

For God’s sake when are these idiots ever going to learn?


10 posted on 02/03/2024 11:18:53 AM PST by jmacusa (Liberals. Too stupid to be idiots.)
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To: jmacusa

https://electrek.co/2024/02/02/it-begins-ethiopia-set-to-become-first-country-to-ban-internal-combustion-cars/?extended-comments=1#:~:text=Ethiopia%2C%20however%2C%20isn‘t,nations%20Logistics%20Master%20Plan%20Monday.

“It begins: Ethiopia set to become first country to ban internal combustion cars”

Because it is well-known that the citizens of Ethiopia are so rich such a ban will have no effect on the economy or the wealth/health of the people.


11 posted on 02/03/2024 11:22:01 AM PST by CFW (I will not comply!)
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To: CFW

Obviously, no effort at all was exerted in market research or any study of the necessary infrastructure that MUST be in place before the technology can stay abreast of the potential demand.

Battery-powered EVs are a technological dead end. If only somebody could come up with a design in which the electric traction motors could be powered with an on-board electric generation system, say an internal combustion engine driving a DC electric generator, which in turn provides the electricity that powers the drive wheels. It works just fine on rail lines that use Diesel-electric locomotives.

Of course, that is not “carbon neutral” but the present design using batteries that are made of exotic materials that are mined from the earth, at great cost and use of carbon-based fuels for the extraction, refining, fabrication and transportation of the batteries to end point of consumption, to be recharged from time to time with electricity that is generated by, you guessed it, carbon-based fuels that are FAR from “carbon-neutral”. Face it, the industrial base of the world shall rely on carbon-based fuels, in some manner, for most industrial processes for decades if not centuries to come.


12 posted on 02/03/2024 11:25:56 AM PST by alloysteel (Most people slog through life without ever knowing the wonders of true insanity.)
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To: CFW
Yeah, right? Ethiopia here I come!
13 posted on 02/03/2024 11:31:10 AM PST by jmacusa (Liberals. Too stupid to be idiots.)
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To: CFW

It was fun while it lasted.


14 posted on 02/03/2024 11:32:53 AM PST by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: alloysteel
If only somebody could come up with a design in which the electric traction motors could be powered with an on-board electric generation system, say an internal combustion engine driving a DC electric generator, which in turn provides the electricity that powers the drive wheels

Great idea! They could call it a "Prius".

15 posted on 02/03/2024 11:34:14 AM PST by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: Jeff Chandler
Great idea! They could call it a "Prius".

Sir, you are uncommonly perceptive. I had not realized that so much development had already been put into the marketplace.

16 posted on 02/03/2024 11:39:01 AM PST by alloysteel (Most people slog through life without ever knowing the wonders of true insanity.)
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To: CFW

You do know that the single most popular vehicle in the WORLD last year, was an electric Tesla.

Right?

Model Y.

At least according to one source.


17 posted on 02/03/2024 11:39:32 AM PST by cba123 (Tôi là người Mỹ. Hiện tôi đang ở Việt Nam)
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To: CFW

More like subsidize political donors and if they start getting rogue billionaires like Elon Musk, send the government/courts after them and try and ruin their reputation.


18 posted on 02/03/2024 11:39:38 AM PST by MTBobcat (The “rank-and-file” are as corrupted as their leadership.)
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To: CFW

Reagan was absolutely right. The EV industry could barely move on its own.

19 posted on 02/03/2024 11:40:24 AM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: gibsonguy
You could begin here...
20 posted on 02/03/2024 11:43:22 AM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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