Has EV Boom Jumped The Shark?
Issues & Insights,
by
The Editorial Board
Original Article
Posted By: RockyTCB,
10/27/2023 6:36:29 AM
Many people have climbed aboard the electric-vehicle bandwagon, lured by promises of pristine air and cheap, easy-to-use electricity that make EVs seem inevitable. But now, after years of spending billions on subsidies and shaming people into buying into our inevitable all-electric future, some are slamming on the brakes — surprisingly, including many of the biggest companies in the industry.
The global companies, recipients of massive subsidies to support fossil-fuel abolition, are backing away from their support.
General Motors, faced with a strike, just abandoned its EV strategy,
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Reply 1 - Posted by:
walcb 10/27/2023 6:59:19 AM (No. 1586707)
Road construction and repair is partially paid for by gasoline tax. EVs don't pay for the roads they run on--another cost born by the non EV drivers.
40 people like this.
Reply 2 - Posted by:
Periwinkel 10/27/2023 7:25:10 AM (No. 1586713)
Gov Andy Bashear, touted as the messiah for Kentucky and other annoying things, has invested state money and land heavily in battery producing plants for Kentucky. That's Andy's vision for the future. He is such a dolt.
28 people like this.
Reply 3 - Posted by:
Strike3 10/27/2023 7:25:15 AM (No. 1586714)
There was never a Boom, it was always a trickle caused by the Leftists' wet dream of a green, CO2-free world. EVs are a novelty that goes against the laws of physics and nature and the wants and needs of the average driver of real cars. The batteries are unreliable as well as expensive and the large nationwide infrastructure needed to charge them away from home does not exist and will not exist in our lifetimes. Reason one, people will not be told what to buy by the government if it is stupid, overpriced, inconvenient and not the result of natural evolution and innovation. Shove your EVs up your tailpipe.
47 people like this.
Reply 4 - Posted by:
southernboy 10/27/2023 7:35:48 AM (No. 1586720)
EV's are the modern day equivalent of the paper bag vs. plastic in the olden days. When environmentally friendly paper bags were replaced by plastic to "Save the forest."
Now forests burn with uncontrolled fury while the environment is fouled by tons of plastic packaging.
35 people like this.
Reply 5 - Posted by:
joew9 10/27/2023 7:52:15 AM (No. 1586730)
Notice that most all of the EV's have tremendous acceleration. None of them putter along like a 90hp car would. Mostly they perform like a 400hp car. That is on purpose. They know that EV's have to appeal to car enthusiasts as their first market. And those people like acceleration and burn outs. My friend that bought one admitted he got it as part of his car hobby.
And the car enthusiasts are satiated. They have moved on to powerful gas cars.
The other part of the public have learned that EV's are a hassle. Poor range that doesn't live up to even the range it says on the dashboard. And charging is slow. If you are going to be driving somewhere in your EV you have to constantly be doing the math for range.
There is a video of a teenager having a hissy fit because her parents bought her an EV. She made it clear she would have preferred something like a Honda Accord.
EV's are over. No government mandate is going to fix the range and charging problem.
35 people like this.
Reply 6 - Posted by:
Venturer 10/27/2023 7:56:21 AM (No. 1586731)
This garbage came at least 30 years ahead of time.
16 people like this.
EVs would have a brighter future if the government had not tried to force them on the market. There would be a couple of companies, like Tesla, building EVs for the enthusiasts, but the major manufacturers would be building hybrids (along with their regular cars). If the market had been left to its own devices, by now hybrids would be a large share of the market. Most of the major manufacturers would have one, or maybe two, EVs in order to be in that market. It would be there primarily to bring in customers who "wanted" an EV, but could not afford those from the specialized EV manufacturers. Most of those would end up in a hybrid from the major manufacturer.
17 people like this.
Reply 8 - Posted by:
jeffkinnh 10/27/2023 8:35:01 AM (No. 1586755)
Mercedes "is finding that customers aren’t as excited about new EVs as it is."
There is antithesis between government or NGO "leadership" and business. Governments don't need full buy in from the people for them to spout nonsense. In fact, they arrogantly think that they can lead all the sheeple in the direction they want them to go. That is never true, even in the most extreme situations. After Pearl Harbor, there was still opposition to entering the war. On the other hand, there is the idea of public transportation instead of using personal vehicles. The government has pushed this turkey for decades and it lumbers on like a zombie, even today. But most of the people are not "sold" on the idea.
And THAT is the problem for business. Despite all their massive advertising efforts, people need to be SOLD on their products. When people saw the advantages of gas powered cars and they become affordable, the horse drawn buggy quickly became obsolete. People, even sheeple, made up their minds based on their personal situation.
EVs may have a place as a personal commuter for SOME people who choose them. But as THE SOLUTION for all their driving, the EV CAN NOT meet their needs. Nor is it likely, based on current and near term science that they ever will. A family vacation destination a day's (10+ hours) drive away becomes impossible (drive 6 hours, find a charging station if you can and CHARGE for 6 hours, drive 4 more hours). Can you imagine how "Are we there yet?" will become a hateful mantra? If you have a job that requires travel all day, your car dying mid day is NOT going to be OK.
And unlike the market today where you can pick the vehicle you want, the EV future is that. To summon up Henry Ford's quote of NO CHOICE, "You can have any engine in your car you want as long as it's EV.
The people, even many of the sheeple, SEE the EV is a bad deal. They are choosing NOT to buy EVs. The market has saturated as all the fools that want EVs now have them. The car manufacturers are reading the writing on the wall. Low car sales = no profit = bankruptcy. Maybe a class action suit by shareholders about the companies fiduciary duty to the shareholders? The government is "mandating" certain fleet requirements on car manufacturers and they have meekly gone along, so far. As the market hardens against EVs that will change. It will become more practical to take the government to court, perhaps as a class action suit with MANY car makers resisting. THEN the facts of the reasoning for the EV push, MAN CAUSED global warming, will have to be proved (no joy there). PLUS the government's ability to mandate EVs by regulation, not LAW, will be questioned. THAT is a fight that the liberals will NOT want to take on because they CAN NOT win. Like public transit, it will be better for the liberals to let the issue wallow and moan to the electorate about it. The market will supply the coup de grâce, relegating EVs to the niche market they deserve.
25 people like this.
Reply 9 - Posted by:
DiegoDude 10/27/2023 8:44:01 AM (No. 1586763)
Take away the "government subsidies," aka life support for all "green energy" boondoggles and lets see how much of a demand there is.
21 people like this.
Reply 10 - Posted by:
Mcscow sailor 10/27/2023 8:51:14 AM (No. 1586768)
Commenter 1. Ohio, as well as other states, has imposed a $200 annual fee fee on EV’s to capture a gas equivalent road repair fee.
11 people like this.
Reply 11 - Posted by:
Cindiana 10/27/2023 9:05:29 AM (No. 1586775)
Allow me to lead a standing ovation for #8!
I can't think of a point not covered, and it serves as a mini-handbook for addressing/refuting every bit of blather pushed on us.
The EV, now in real-life consumer use on the road, is revealing itself to be a failed product. And, at the core, the market speaks. Poster 8 says it best:
"The market has saturated as all the fools that want EVs now have them."
That's a wrap!
21 people like this.
Reply 12 - Posted by:
VirtuDawg 10/27/2023 9:29:50 AM (No. 1586788)
Pulling on the thread about hybrids by Poster #7: large scale adoption of plug-in hybrids seems to be a more reasonable solution than BEVs, since most plug-in hybrids have a battery range of about 30 miles -- about what most people drive in a typical day commuting or running errands around town. For longer trips/commutes, the good old gas engine kicks in, reducing need for recharging on the road and the associated "range anxiety" of BEVs.
The issue that doesn't seem to be addressed with BEVs and even plug-in hybrids, however, is the need for -- and associated cost of -- greater electrical power generation, transmission, and distribution capacities to accommodate even plug-in hybrids.
9 people like this.
Electric cars self combusting.
https://fb.watch/nXuqWegJhk/
10 people like this.
Reply 14 - Posted by:
RuckusTom 10/27/2023 9:51:47 AM (No. 1586799)
The boom didn't even get started.
13 people like this.
Reply 15 - Posted by:
garyhope 10/27/2023 11:04:54 AM (No. 1586835)
Any charging stations down lonely country roads and small towns in the Dakotas, Montana,Idaho, Wyoming,Utah and thousands or other small towns, desert roads, remote peninsulas etc, etc, etc?
:No chargee,....no goey.
3 people like this.
Reply 16 - Posted by:
DVC 10/27/2023 11:28:26 AM (No. 1586855)
I certainly hope so. These are economic and functional disasters.
Imagine a car with a 5,000 lb gas tank literally made of gold, so it costs $35,000, and it only holds 3 or 4 gallons of gas. Plus it has a filler neck diameter of 1/8" (3mm for metric folks) so you have to fill it with an eyedropper, it takes hours....and you can't fill it just anywhere - only where there is an approved, expensive, one-car only "eyedropper filling station".
THIS would be a good approximation of what an electric vehicle is.
12 people like this.
Reply 17 - Posted by:
crashnburn 10/27/2023 11:46:47 AM (No. 1586873)
A few points. The greenies pushing EVs think that electricity comes from the air. Well, maybe lightning, but not what's used to charge the EVs. It comes from the same power plants that produce all the other electricity, and the majority of them are GAS fired. Despite the improved efficiency of the gas turbines, there is enough loss through the grid to erase the efficiency improvement. Plus, you pay the price for short range, long recharge time, and spontaneous combustion, not to mention the people who can't afford an EV subsidizing the rich, who can.
I worked for an EV company for 2-1/2 months, until the sales of their EV delivery vehicles flattened and the board didn't like the direction the CEO was taking the company, so they laid him off. A week later they laid 1/3rd of the company, including me, off.
I'm on my 4th non-plugin hybrid. They get better range than ICE and don't require a charging station. My 2006 Highlander had 180,000 miles on it, and the hybrid battery was going strong. Technology has improved since then.
Stop the government subsidies and let the market decide.
8 people like this.
Reply 18 - Posted by:
Kafka2 10/27/2023 12:40:21 PM (No. 1586896)
EVs may be good as a town car and virtual signaling, but when it comes to recharging the batteries it is another matter. If the power at the recharging station comes from a fossil fuel burning power plant the greenhouse gas emissions are slightly higher than for an equivalent gas powered car since you are moving those batteries around to power the car. And, even if there is no line at the recharge station it can take up to four hours to recharge the batteries. On a long distance trip it can take you twice as long to get there.
The fact that if EVs were not heavily subsidized, hardly anybody would buy, one should tell you that EVs are ready for prime time.
6 people like this.
Reply 19 - Posted by:
formerNYer 10/27/2023 1:01:29 PM (No. 1586913)
Months ago. nobody wants EV except the 10% of the 30% that still thinks demented joe is doing a good job.
9 people like this.
Reply 20 - Posted by:
DVC 10/28/2023 2:15:18 AM (No. 1587275)
The was no Sales boom in EVs, any "BOOM" was the interest in EVs cratering.
0 people like this.
Reply 21 - Posted by:
mifla 10/28/2023 5:12:58 AM (No. 1587331)
Batteries that catch fire or don't work in extreme temperatures.
New EV car costs that no one can afford.
No reliable charging station infrastructure.
Once again, the marketplace throws reality at the government mandate.
1 person likes this.
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