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Started By
Message
Auto execs are coming clean: EVs aren't working
Posted on 10/27/23 at 11:08 am
Posted on 10/27/23 at 11:08 am
AutoBlog
I’ll take,” Things even a blind man could see coming for $500 Alex!”
quote:
* At earnings this week, several auto execs pulled back on EV targets. * Dealers have been warning of slowing EV demand for months. * "This is a pretty brutal space," Mercedes-Benz's CFO said this week. With signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy, at least in the near term. Several C-Suite leaders at some of the biggest carmakers this week voiced fresh unease about the electric car market's growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk. Among the surprising hand-wringing is GM's Mary Barra, historically one of the automotive industry's most bullish CEOs on the future of electric vehicles. GM has been an early-mover in the electric car market, selling the Chevrolet Bolt for seven years and making bold claims about a fully electric future for the company long before their competitors got on board. But this week on GM's third-quarter earnings call, Barra and GM struck a more sober tone. The company announced with its quarterly results that it's abandoning its targets to build 100,000 EVs in the second half or this year and another 400,000 by the first six months of 2024. GM doesn't know anymore when it will hit those targets.
I’ll take,” Things even a blind man could see coming for $500 Alex!”
34
Posted on 10/27/23 at 11:10 am to Revelator
It takes fossil fuels to produce electricity to power EVs! 
Posted on 10/27/23 at 11:10 am to Revelator
Yet morons will continue to vote for the idiots who push this nonsense.
John Kerry Should be tried for TREASON!!
John Kerry Should be tried for TREASON!!
Posted on 10/27/23 at 11:10 am to Revelator
Central planning was anti-humanistic? No way!
Posted on 10/27/23 at 11:10 am to Revelator
If they'd have gone hard to hybrids, they would have been able to print money.
Dumbasses
Dumbasses
Posted on 10/27/23 at 11:13 am to Revelator
Consumers don’t want a car that is worthless When the battery dies.
We all have cell phones and know how fast batteries begin to degrade and after the battery dies trade in value drops to almost zero.
We all have cell phones and know how fast batteries begin to degrade and after the battery dies trade in value drops to almost zero.
This post was edited on 10/27/23 at 11:14 am
Posted on 10/27/23 at 11:13 am to Revelator
They have no intention of giving everyone EVs. The goal is FEWER drivers.
Posted on 10/27/23 at 11:13 am to Revelator
Stevie Wonder said, "I saw that shite coming from a mile away."
Posted on 10/27/23 at 11:14 am to bird35
quote:
Consumers don’t want a car that is worthless When the battery dies. We all have cell phones and know how fast batteries begin to degrade and after the battery begins dies trade in value drops to almost zero.
Any person who has played with a remote control car knows this.
A whole day of charging to play with it for 20 minutes!
Posted on 10/27/23 at 11:16 am to Revelator
They more I see comments from GM and Ford, the more impressed I am with what Elon Musk has been able to do.
Posted on 10/27/23 at 11:17 am to udtiger
quote:
If they'd have gone hard to hybrids, they would have been able to print money.
It’s an example of how dumb and out of touch the elite ruling class is (or purposely evil)
Hybrid technology was progressing fine as it was, MPG was improving as cars and tech were already making ICE more efficient.
But it was never “enough”. They had to keep passing new laws about new even more insane EPA/MPG standards, force companies out of hybrid and into EVs, etc.
All this did was make cars less affordable (rising costs, killing off cheap commuter cars) and more prone to problems by having to remove known reliable ICE engines
frick em
Let the Teslas of the world focus on EVs and growing that space organically, it didn’t need to be forced
This post was edited on 10/27/23 at 11:18 am
Posted on 10/27/23 at 11:18 am to Revelator
they can always be like Tesla
Posted on 10/27/23 at 11:18 am to Revelator
All Democrats do is push F’d up ideas and F things up in general.
Posted on 10/27/23 at 11:19 am to Revelator
quote:
I’ll take,” Things even a blind man could see coming for $500 Alex!”
No one wanted to tell Emperor Pedo Joe he was naked on this one.
Posted on 10/27/23 at 11:20 am to BigMob
quote:
All Democrats do is push F’d up ideas and F things up in general.
Reprobate minds produce reprobate ideas!
Posted on 10/27/23 at 11:21 am to Revelator
quote:How fricking retarded. I bet they expected massive gov funding to pull that off because they had to know sales would not support those numbers and there is no infrastructure to support 500k EVs. Businesses like that need to go under.
its quarterly results that it's abandoning its targets to build 100,000 EVs in the second half or this year and another 400,000 by the first six months of 2024. GM doesn't know anymore when it will hit those targets.
Posted on 10/27/23 at 11:21 am to Revelator
quote:
For some, this pullback is no surprise. "People are finally seeing reality," Toyota Motor Chairman Akio Toyoda said at the Japan Mobility Show, the Wall Street Journal reported. Toyoda has long been skeptical of his peers' pure-electric blueprints.
The Japanese understand business. White leftist Groomer Americans don’t understand business.
Posted on 10/27/23 at 11:22 am to ninthward
quote:
I bet they expected massive gov funding to pull that off because they had to know sales would not support those numbers and there is no infrastructure to support 500k EVs. Businesses like that need to go under.
They had Winken Blinken and Nod telling them they were going to push policies hard to get people to buy these, I’m sure.
Posted on 10/27/23 at 11:24 am to teke184
quote:Yea and the lame tax break.
They had Winken Blinken and Nod telling them they were going to push policies hard to get people to buy these, I’m sure.
Posted on 10/27/23 at 11:25 am to ninthward
quote:
Businesses like that need to go under
Naw breh, the taxpayers need to buy their bad debt and keep them in business because muh union jobs
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