Fisker could go bankrupt, again. Worth noting that we are in a second "EV bubble" of sorts. The first one was about general electrification, but not BEVs only. The second one is about a cult-like obsession with BEVs. But both are bubbles, and this one is popping now.
I can only wonder how long VW can maintain this delusion. They will have to scale back or give up on their BEV fantasies soon. Reality will only continue to undermine their beliefs.
The sooner this BS company comes down to Earth, the better the world will be. It has seduced so many people into believing the greenwashing fad that is the BEV. The world needs to move on from that.
@jmtixhon Tesla is a greenwashing fad, propped up by government mandates and subsidies. The business itself is basically a giant financial Ponzi scheme that just happens to have a hyped-up car company attached to it.
Sooner or later, it will fall apart. Apparently, we are starting to get there.
BEV investment fad is popping. Very few people are getting any kind of decent return. Regardless of how you feel about them, they are consistently non-profitable.
Mostly a rumor for now, but it's increasingly likely that Jaguar is going to shut down pretty soon. The "switch" to an all-BEV lineup is just an excuse to end up being some kind of Chinese owned brand.
Reminder that large scale adoption of BEVs is still a fantasy. We simply don't have the grid capacity, and building it will take a long time. And if we did build it, we will find out that the cost is extremely high, and it completely kills off the notion that BEVs save money.
In der Einfahrt stehende Autos (ohne Garage) sind ja für Autodiebe oft leichte Beute heutzutage.
Angenommen man hat eine Wallbox und sein #BEV bzw. #PHEV an diese angeschlossen, ist die Kabelverbindung zw. Wallbox nicht auch sowas wie eine Diebstahlsicherung für das Auto?
Ich meine das Kabel kann nicht einfach abgezogen werden oder?
Ist das in besonderer Weise arretiert bei beim DC Anschluss?
BEV sind für Autodiebe eher uninteressant weil im Zielland die Infra fehlt. PHEV jedoch eher nicht.🤔
Rivian is a non-viable business. It is a late-comer to the greenwashing fad that is the modern BEV. A vehicle type that has no business beyond golf carts and neighborhood EVs. As a result, it is showing signs of major distress, and will eventually shut down, alongside every other BEV company.
Very interesting to hear what #Toyota NA CEO Ted Ogawa has to say about #BEV investment in the US.
Essentially, Toyota is ignoring EPA guidelines about BEV mix and focusing entirely on customer demand, and they will not make BEVs in numbers higher than expected demand lest they waste their resources.
Toyota’s now-well-known reticence in jumping into the BEV bandwagon, preferring to sell #PHEVs instead, may prove to be the better bet. The EPA is likely to reduce their mandate for 50% BEV new car sales by 2030. If they do, then Toyota’s strategy would have been proven right.
Reminder that Tesla "investors" are often criminal-level pump & dump scam artists. The company is effectively a giant Ponzi scam that happens to have a shitty car company attached to it.
Someday, it will all come crashing down, and afterwards people will realize that BEVs, as they are being pushed by Tesla, are just some big greenwashing fad in service of a scam.
Reminder that the difference between BEVs and PHEVs in terms of emissions is much smaller than the BEV promoters have claimed. In fact, it is arguable that small PHEVs are the greenest cars you can buy today. In reality, BEVs are only one type of green car, not the only kind. And the obsession with only BEVs is just a fad. Even a cult at times.
In many ways, a very smart thing to do. The problem is that there isn't much of a market for BEVs. It is really just a giant government subsidy harvesting industry. Certain companies have made it into a giant fad on top of that, but that will end. In the long-run, BEV sales will shrink to nearly nothing. If Apple was serious about making cars, they'd make some other type of car.
Financial websites are increasingly noticing that the BEV push is failing. And that Toyota was right all along with hybrids and other options. This will soon become consensus among everyone. Eventually, everyone will realize that BEVs are a fad and don’t make sense as ground transportation vehicles for most people.
Japanese automakers were simply paying attention to the facts, not buying into a fad. As a result, they are making massive profits while the rest of the industry losses billions on their BEV programs.
I'm going to make a prediction that the F-150 Lightning has been soft-cancelled. Which means while they will still be available in small numbers, no more further investment will happen. This might even be the end of production already.
In reality, BEVs are a fad, and BEV trucks are a complete joke on top of that. There is no future with BEVs and green transportation must head in another direction.
The CEO of Mercedes-Benz is speaking the obvious truth. BEVs are simply more expensive to build and therefore won't be competitive anytime soon. Everyone should have said this from day 1.
But instead of admitting this obvious fact, we have been gaslighted by BEV fanatics into believing otherwise. A solemn reminder that lies cannot be used to support a cause, even one you think is just.
Amazon's EV company, Rivian, started 5 years ago when they bought a Mitsubishi factory in Illinois. At the old factory workers were union, made $30/hr, and had great benefits. Now, 25 years later, Rivian workers start at $20/hr, have no union, and injuries ran rampant.
@OccuWorld This is how BEVs were suppose to hit "cost parity." Basically, pay workers far less.
It's honestly a giant scam. And one of the most dishonest greenwashing scams in recent memory. BEVs are actively harmful as an idea, once you realize the terribleness of the supply chain. It honestly needs to be stopped before it does anymore damage.
Here's a secret: Their cheaper BEVs won't save them. In fact, it will likely be the last thing they make before going under, assuming they even get that far.
BEVs are not the future. They are a fad. Especially hugely expensive BEVs, but even "low-cost" BEVs are very expensive.
As a result, we will see the industry move away from them. PHEVs and hybrids for now, but eventually ideas like FCEVs and hydrogen cars will take root.
No surprise, a significant percentage of BEV owners don't actually drive their BEVs that much. They are just commuter cars, and are backed up by conventional ICE cars.
This is because BEVs only make sense as commuter cars, and honestly could be replaced by PHEVs entirely if range was semi-decent. BEVs themselves are just a fad, and are not the future. They do not make sense as vehicles outside of this small niche.
Mercedes-Benz is now the next company to scale back BEV projects. As I keep on saying, BEVs are a fad. They are an expensive and unsustainable type of vehicle, and cannot be the future of transportation. It mirrors the past green fad of biofuel powered cars, and it will be abandoned in the same way.
If your EVs aren't selling maybe that's because you're making giant fucking trucks and SUVs and hyper-expensive luxury sedans and the kind of people who want EVs mostly just want a compact car for getting to work and running errands.
@tess
There is a market in the U.S. for "just a compact EV for commuting and errands." That was the Nissan Leaf, starting in 2009: small, limited range, low cost BEV (MSRP ~US$25,000). You can buy a 2024 Leaf starting at US$28,140!
Sales tell the tale. Nissan gave up on the Leaf, discontinuing it for 2026 in favor of the Ariya introduced in 2022. Ariya 2024 MSRP is US$43,000 to $60,000.
Better low-cost commuter EVs will come as batteries and charging infrastructure get better.