Electric vehicles - what does the future hold? · Page 35

Free Fall
Auctions

Specials
Auctions

QuickBuy
Auctions

Newly Added
Auctions

Ending Soon
Auctions

Welcome Guest

Forum Terms & Conditions | My Topics

RayR
Herf-A-Holic

3 years ago

#681

The government mandates that you buy an electric vehicle. The government then dispels any negative information. Brewha cheers the government.

This is why I never bet against the government!

HockeyDad wrote:

Brewha believes everything The Biden Thing says? The downright lies and the half-truths?
I thought so.

Brewha
Herf-A-Holic

3 years ago

#682

The Ford Motor company announced that starting in 2025 it will have the Tesla charging connector on its new EVs.
Current owners will be sent an adapter and the Ford app will support seamless charging on the vast Tesla network.

This change is Ford's recognition that the other charging services such as Electrify America have too few locations - and often simply do not work due to ongoing reliability issues.

HockeyDad
Herf-A-Holic

3 years ago

#683

Found On Road Deenergized.

DrafterX
Herf-A-Holic

3 years ago

#684

😟

Brewha
Herf-A-Holic

3 years ago

#685

This is a tough crowd....

ZRX1200
Herf-A-Holic

3 years ago

#686

Or it could be their EV is a ballooning cost nightmare and they’re dealing with price gouging dealers…..

HockeyDad
Herf-A-Holic

3 years ago

#687

They prolly should 220 it.

Brewha
Herf-A-Holic

3 years ago

#688

General Motors said on Thursday that it would adopt Tesla technology to charge its electric vehicles, including selling models that use the plugs pioneered by Tesla.

Kinda screws VW (bummer). Kinda screws BMW (beamer bummer).

But here is who really deserve to be screwed:
Electrify America
Charge Point
EVGo

They had it coming....

DrMaddVibe
Herf-A-Holic

3 years ago

#689

🅱But here is who really deserve to be screwed:
Electrify America
Charge Point
EVGo

They had it coming....

Brewha wrote:

Wonder how many American taxpayers got took too?

Speyside2
Herf-A-Holic

3 years ago

#690

Ford is doing the same. Electric cars are here to stay. Of course we need many, many more windmills to power them. Personally I think Biden will sign a presidential order forcing every American to pay for one windmill!

delta1
Herf-A-Holic

3 years ago

#691

there are adapters available for use to plug into a Tesla charger for non-Teslas, and vice versa for Teslas to recharge with a conventional charger...

I'm leaning towards getting an EV for my next car...sometime next year...still like my Mazdaspeed3 tho...fun car...

Edited by user 3 years ago | Reason: Not specified

Brewha
Herf-A-Holic

3 years ago

#692

delta1 wrote:

The base Model 3 is dirt cheap right now - $32,740 after the tax break.
You might want to get a look at one….

DrMaddVibe
Herf-A-Holic

2 years ago

#693

Copper? You are kidding right?
According to USGS data there are "shit tons of it". 🤦

On the big vehicle front, Frito Lay has started their move to electric semi trucks (Tesla) for deliver with great success - and substantial cost savings. Amazon EV delivery trucks (Rivian) are cruising my neighborhood, and they are rolling out more (cheaper and better).

And Hertz now has 50,000 EVs in their fleet (because they are smart).

I don't doubt that with all the start ups and new tech there are some lemons out there. BMWs i3 was kind of a joke - but they got better. And the Fiat 500-e is, well - not great.

But you go right ahead and hold back the ocean with a broom.

Brewha wrote:

You don't need a crystal ball to see the future. It's just harder for some when they choose to wear blindfolds.

"My Fear Is When Push Finally Comes To Shove" Copper Can Go Up 10 Times, Warns Billionaire Mine-Owner

We have all seen news headlines for lithium, cobalt, nickel, and other rare-earth metals needed for electric vehicle batteries and the entire electricity infrastructure. The Biden administration has announced a series of moves to secure America's 'supply chain for critical minerals.' Rarely discussed, however, is copper, one essential metal at the heart of the energy transition.

In an interview on Monday, billionaire mining investor Robert Friedland told Bloomberg TV that the mining industry is failing to increase supply ahead of 'accelerating demand.' He said deposits are getting more expensive and harder to find, funding is limited, and economies have to prepare for the importance of the mining industry to lead the energy transition.

"We're heading for a train wreck here," Friedland said at Bloomberg's New York headquarters.

He's the founder of Ivanhoe Mines Ltd. and warned: "My fear is that when push finally comes to shove," copper prices might explode ten times.

Long-term of Copper futures

The world is facing a crisis of supply in copper, with not enough mines being built to satisfy future demand, he said. Ivanhoe has mines in South Africa and the Democratic Republic of the Congo.

Copper is essential in electric vehicle motors and batteries, as well as cabling and transformers, to build out the nationwide electric vehicle charging infrastructure in the US and worldwide.

According to a recent S&P Global report, EVs require twice as much copper as an internal combustion engine vehicle. The report said copper demand will double to 50,000,000 metric tons annually by 2035, more than all the copper consumed worldwide between 1900 and 2021.

Friedland's longer-term view of higher copper prices is supported by a combination of decarbonization efforts globally, rising China demand, the emergence of India, and the modernization of militaries after the Ukraine war.

He said the market has yet to realize the significance of copper and how it is essential to decarbonization efforts. He noted there are very low physical inventories of copper with historically low relative valuations of mining companies.

Friedland pointed out that recent acquisitions of mines at high premiums indicate the mining industry is aware prices of the metal are headed higher. He said the tightening of the copper market could increase prices like other commodities in recent years.

"When metals are required, the prices go crazy and nobody's willing to sell them," he said. "We're heading into that sort of situation."

Even with increasing gloom about the global economy as global central banks tighten interest rates, Friedland remains very bullish on copper.

https://www.zerohedge.com/commodities/billionaire-mine-owner-warns-copper-market-headed-train-wreck-supply-woes-emerge

But hey...there's $hit tons of the stuff....riiight?

Edited by user 2 years ago | Reason: Not specified

Brewha
Herf-A-Holic

2 years ago

#694

You don't need a crystal ball to see the future. It's just harder for some when they choose to wear blindfolds.

According to a recent S&P Global report, EVs require twice as much copper as an internal combustion engine vehicle.

DrMaddVibe wrote:

OMG! Twice as much!!!
So like two alternators worth???

Truly, the sky is falling.....

DrMaddVibe
Herf-A-Holic

2 years ago

#695

OMG! Twice as much!!!
So like two alternators worth???

Truly, the sky is falling.....

Brewha wrote:

That's all you were able to extrapolate out of that article eh?

I totally get who you are now.

Brewha
Herf-A-Holic

2 years ago

#696

That's all you were able to extrapolate out of that article eh?

I totally get who you are now.

DrMaddVibe wrote:

If you mean someone not scared of the future, then you’er finally on to something.

The point of the article seems to be that current production will not meet future needs - which is true of so many things. And this guy, who is in the business, is sounding the alarm that people should invest in the business….imagine that.

Did you think we are running out of copper to mine?

When they figured out how to smelt aluminum (you have use large amounts of electricity) this wonder metal was expensive and in short supply. Now they make beer cans out of it.
Today they make copper roofs, use it in plumbing. When it cost more they will make more - to make money.

Ebb and flow my friend.

Edited by user 2 years ago | Reason: Not specified

DrMaddVibe
Herf-A-Holic

2 years ago

#697

Brewha wrote:

LMMFAO!!!!

Scared of the future? You're the only person that bought an EV and DOESN'T CARE ABOUT THE ENVIRONMENT! That only makes you trendy and a Kardashian!

You constantly forget the factual and empirical proof that the EV isn't viable. Strip the rebates and government backed incentives like the Chinese do the Earth to get the minerals necessary for your fart car and it's a terrible option. I'm not even talking about the recyclable catastrophe the batteries are going to create but gloss them all away with the notion that "future" is here. Then again, you were the one crying about the lockdowns, masking up, destroying worldwide economies, vaccination papers and killing grandma over Covid so don't you dare lecture anyone about being scared of the "future"! Ignore the facts and tool around making fart noises. Its a "Look at me" vanity product that sensible people laugh at.

Here, cherry pick this and ignore the truths. That's all you do anyways.

Electric Cars Are An Expensive Scam

If EVs were really an innovation, the state wouldn’t have to bribe and force companies to produce them.

The left likes to treat skeptics of electrical cars as if they were Luddites. Truth is, making an existing product less efficient but more expensive doesn’t really meet the definition of innovation.

Even the purported amenities and technological advances EV-makers like to brag about in their ads have been a regular feature of gas-powered vehicles going back generations. At best, EVs, if they fulfill their promise, are a lateral technology.

Which is why there is no real “emerging market” for EVs in the United States as much as there’s an industrial policy in place that props up EVs with government purchases, propaganda, endless state subsidies, cronyism, taxpayer-backed loans, and edicts. The green “revolution” is an elite-driven, top-down technocratic project.

And it’s increasingly clear that the only reason giant rent-seeking carmakers are so heavily invested in EV development is that government is promising to artificially limit the production of gas-powered cars.

In March, Joe Biden signed an executive order to “set a target” for half of all new vehicles sold in 2030 to be zero-emission. California claims it is banning combustion engines in all new cars in about 10 years. So carmakers adopt business models to deal with these distorted incentives and contrived theoretical markets of the future.

In today’s real-world economy, though, Ford announced this week that it was firing at least 1,000 employees — many of them white-collar workers on the EV side. Ford projects it’s going to lose $3 billion on electric vehicles in 2023, bringing its EV losses to $5.1 billion over two years. In 2021, Ford reportedly lost $34,000 on every EV it made. This year it was losing more than $58,000 on every EV. In a normal world, Ford would be dramatically scaling back EV production, not expanding it. Remember that next time we need to bail out Detroit.

Then again, we’re already bailing them out, I suppose. Last week, the U.S. Energy Department lent Ford — again, a company that loses tens of thousands of dollars on every EV it sells — another $9.2 billion in taxpayer dollars for a South Korean battery project. One imagines no sane bank would do it. The cost of EV batteries has gone up, not down, over the past few years.

Ford says these up-front losses are part of a “start-up mentality.” We’re still pretending EVs are a new idea rather than an inferior one. But scaremongering about climate and a misplaced romanticizing of “manufacturing” jobs have softened up the public for this kind of waste. In the statist’s utopian vision, highly paid union members will be grabbing their lunchpails and biking over to the local solar panel factory or EV production line and toiling there for the common good.

In the real world, there is Lordstown. In 2019, after GM — which also loses money on every EV sold — shut down a plant in Lordstown, Ohio, then-President Donald Trump made a big deal of publicly pressuring the auto giant to rectify the situation. So CEO Mary Barra lent Lordstown Motors, a new EV outfit, $40 million to retrofit the plant. Ohio also gave the company another $60 million.

You may remember the widespread glowing coverage of Lordstown. After Joe Biden signed his “Buy American” executive order, promising to replace the entire U.S. federal fleet with EVs, Lordstown’s stock shot up.

By the start of this year, Lordstown had manufactured 31 vehicles total. Six had been sold to actual consumers. (But to be fair, five would be recalled — following a recall of 19.) The stock was trading at barely a dollar. Tech-funding giant Foxconn was pulling its $170 million. And this week the company filed for bankruptcy.

Without massive state help, EVs are a niche market for rich virtue signalers. And, come to think of it, that’s sort of what they are now, even with the help. A recent University of California at Berkeley study found that 90 percent of tax credits for electric cars go to people in the top income strata. Most EVs are brought by high earners who like the look and feel of a Tesla. And that’s fine. I don’t want to stop anyone from owning the car they prefer. I just don’t want to help pay for it.

Really, why would a middle-class family shun a perfectly good gas-powered car that can be fueled (most of the time) cheaply and driven virtually any distance, in any environment, and any time of the year? We don’t need lithium. We have the most efficient, affordable, portable, and useful form of energy. We have centuries’ worth of it waiting in the ground.

Climate alarmists might believe EVs are necessary to save the planet. That’s fine. Using their standard, however, a bike is an innovation. Because even on their terms, the usefulness of EVs is highly debatable. Most of the energy that powers them is derived from fossil fuels. The manufacturing of an EV has a negligible positive benefit for the environment, if any.

And the fact is that if EVs were more efficient and saved us money, as enviros and politicians claim, consumers wouldn’t have to be compelled into using them and companies wouldn’t have to be bribed into producing them.

https://thefederalist.com/2023/06/29/electric-cars-are-an-expensive-scam/

How's that power grid now?

PSST...they use copper in them.

ZRX1200
Herf-A-Holic

2 years ago

#698

We had a semi across the road getting work done on it Wednesday, so he unloaded his trailer. He was hauling a bunch of Lucid Motors cars. No I’d never heard of them, I could have sworn they were rebadged Kia Stingers……anyways I proceeded to fire up the Google machine, not the most favorable reviews, and the price hikes for the trim levels, HOLY GUACAMOLE Batman……I did feel better knowing that the upper models that have leather, have ethically sourced Napa leather. I was worried.

RayR
Herf-A-Holic

2 years ago

#699

I like the way that "Joe Biden signed an executive order to “set a target” for half of all new vehicles sold in 2030 to be zero-emission". That's like when the Soviet Union set targets for auto, truck and bus production in their five-year plans.

So, the U.S. regime thinks the means of production needs to be controlled by the whims of the President and his bureaucratic state and not by the most basic principles of a capitalist order.

ZRX1200
Herf-A-Holic

2 years ago

#700

That’s how scientific advancements happen, the stroke of a pen.

Users browsing this topic

Guest

Important Information: