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Message
re: Ford delays new EV plant in Tennessee and cancels new EV SUV
Posted on 8/21/24 at 9:33 am to RaoulDuke504
Posted on 8/21/24 at 9:33 am to RaoulDuke504
You can get a hybrid Camry or Accord getting 45-50 MPG. Why screw around with an EV.
0
Posted on 8/21/24 at 9:35 am to RaoulDuke504
It’s been a scam from the start
Posted on 8/21/24 at 9:38 am to CatfishJohn
quote:
All this to be said, I'd love a Rivian as my work commuter, I just can't justify the price
I'd be worried about getting it serviced when the company goes under.
Posted on 8/21/24 at 9:38 am to RaoulDuke504
quote:
We spent hundreds of billions to invest in EV and no one wants them. It’s just too much of a niche market.
This is exactly why the government shouldn't be in the business of picking winners and losers in the market.
Anyone remember these "winners:"
Solyndra - $750M
Abound Solar - $401M
Calisolar – $280M
Fisker Automotive – $193M
A123 Systems – $132M
ABB, Inc. – $12.6M
I think we're approaching real money here.
Remembering Solyndra
Posted on 8/21/24 at 9:38 am to TigerintheNO
quote:
And 46% of current EV owners won't buy an EV with their next car
we've had an EV since january. here's my bullet points
- we had 2 SUVs before; wife had that big lexus that got like 10mpg and wanted 'boutique' octane the monthly gas alone was a car payment
- the gee-whiz factor fades very quickly; after a couple of months of dialing everything and being wow-ed by stuff no other car can do, the wife has now decreed its an 'appliance'
ouch. - we have super-charged once. other than that..its like a golf cart on steroids and is perfect for her running around all day doing the kid stuff and grocery shopping, etc. this is its CORE STRENGTH
- i dont think we'd ever take it on a road trip. there's just too much fear of going somewhere remote and not planning correctly and getting into a bind
- every once in awhile we forget to plug it in and the stupid app doesn't say a word so we wake up to a surprise; car that doesn't have enough battery charge to do the daily stuff
- it really only works as a second car, but lets be honest, we didn't need 2 SUVs in the first place
This post was edited on 8/21/24 at 9:40 am
Posted on 8/21/24 at 9:39 am to TheNolaClap
quote:
TheNolaClap
So you're in the niche.
Posted on 8/21/24 at 9:46 am to wileyjones
quote:
did they also give back the federal grant money to the taxpayers?
I think this was a DOE loan that they'll still have to payback.
Posted on 8/21/24 at 9:52 am to Chucktown_Badger
quote:
All this to be said, I'd love a Rivian as my work commuter, I just can't justify the price
I'd be worried about getting it serviced when the company goes under.
Will just be bought by Volkswagen
Posted on 8/21/24 at 9:55 am to CatfishJohn
We're all gonna be in self driving EVs in 15 years and it will be glorious.
Posted on 8/21/24 at 9:57 am to N2cars
quote:
EVs are getting cheaper by the minute, buy they're held back by charging times and infrastructure.
I charge at home. I'd never go cross country with my Lightning. I may drive the 225 miles to Austin to visit my son and stop at Bucees for the total charging experience. But that truck sure is handy at going back and forth and back and forth to town and the 40 mile round trip it is. I have zero complaints.
Posted on 8/21/24 at 9:58 am to au7342
quote:
Anyone remember these "winners:"
Solyndra - $750M
Abound Solar - $401M
Calisolar – $280M
Fisker Automotive – $193M
A123 Systems – $132M
ABB, Inc. – $12.6M
Point of clarification on these. They were DOE backed loans, not grants. Similar to what they gave Ford to develop the EcoBoost, which was part of the same program through the 2005 Energy Policy Act
Those dollar figures you quoted are the total loan commitment and not what was actually dispersed through the program or written off. The portfolio, totaling 34.2B had a 2.28% write off (780MM) and collected 810MM in interest for a gain of 30MM. Thats all as of 2014.
This post was edited on 8/21/24 at 10:03 am
Posted on 8/21/24 at 10:05 am to RaoulDuke504
They also delayed phase 2 of a battery plant in Kentucky.
These manufacturers who went all in on EV's were just stupid. I get the govt push, but they should have gone all in on hybrids and eased into EV's.
These manufacturers who went all in on EV's were just stupid. I get the govt push, but they should have gone all in on hybrids and eased into EV's.
Posted on 8/21/24 at 10:06 am to RaoulDuke504
quote:FIFY
We spent hundreds of billions to invest in EV and no one wants them at the price they want to charge .
I’d gladly purchase a F-150 Lightning for $20,000.
This post was edited on 8/21/24 at 10:07 am
Posted on 8/21/24 at 10:06 am to kywildcatfanone
quote:
but they should have gone all in on hybrids and eased into EV's.
A lot of what they're getting DOE loans for is to build battery plants that can support hybrids too. You need that technology too before you can build good hybrids. BEVs get all the attention, but you need ICE and BEV tech to build a decent hybrid.
Posted on 8/21/24 at 10:16 am to TheNolaClap
(no message)
This post was edited on 1/12/25 at 10:05 am
Posted on 8/21/24 at 10:18 am to RaoulDuke504
Didn't Ford just build a giant EV plant in Kentucky?
Posted on 8/21/24 at 10:21 am to East Coast Band
quote:
Didn't Ford just build a giant EV plant in Kentucky?
I think it was 3 total (2 in Kentucky and 1 in Tennesse) and i believe they are primarily battery plants and might have some vehicle assembly capabilities. They can still use the battery capacity to build hybrids which was always part of the plan, although i'm not sure what their %BEV/PHEV/hybrid was intended to be.
Posted on 8/21/24 at 10:32 am to East Coast Band
quote:my old neighbor is an electrician working on the GM EV battery plant in spring hill, just south of nashville.
Didn't Ford just build a giant EV plant in Kentucky?
its every bit as bureaucratic as you could imagine. he's got 'all you can eat' as much electrical work as he wants and for the foreseeable future as well working on that plant.
its been YEARS and they're still not open. i think its supposed to provide the batteries for the new Escalade and all the other GM crap but it seems like its never going to be finished.
Posted on 8/21/24 at 10:34 am to CAD703X
quote:
and Elon has effectively scratched that itch.
I agree at this point everyone who wants an EV probably already has one.
Until a massive jump in EV tech appears, I think the current generation has about run it's course.
Its not the tech you nailed it that people who want one have one for the most part.
Those with garages who can set up a charger and have disposable income have one, that want one. But the rest of market lives in apartments where charging is non existent easily. No one wants to devote time to run to local charger in evening. They can’t really tap this market.
Even apartments with chargers you have to be there and then move car once charged. People want to park car after getting home and leave it and do other things.
Elon always had the right idea, don’t force it rather let the market decide. And he found enough market to sustain. All the subsidies car makers got don’t work as its forced.
Posted on 8/21/24 at 10:36 am to TheNolaClap
quote:
I have a Model 3 that I walked out the door for 28,000. My work allows me to charge and I commute an hour each way on the highway. The financing cost for the 28,000 is cheaper than gas to do the commute in my f150. So I get a Tesla for the cost of insurance in my case. My decision was purely financial, F the green shite. Plus it's a fantastic commuter car.
Yep this is who it's for. Makes sense.
The push lately is failing and honestly only company not affected by it is Tesla, ironically.
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