Post New Article

EVs Enter the Doom Loop

Original Article

Posted By: Christopher L, 5/1/2024 10:32:22 AM

The irrational exuberance of the electric vehicle bubble is reaching its denouement, as legacy automakers are backing off of their previously ambitious EV sales and production goals, proposed new EV manufacturing plants are being suspended, and lithium battery manufacturing operations are laying off workers. There is an almost predictable storyline in how these ventures have played out, which is reminiscent of the dot-com bubble of a quarter-century ago, except that the dot-com bubble wasn’t suffused in eco-virtuousness nor did the companies of its era receive such heavy public subsidization before going bust.

Post Reply

Reminder: “WE ARE A SALON AND NOT A SALOON”

Your thoughts, comments, and ideas are always welcome here. But we ask you to please be mindful and respectful. Threatening or crude language doesn't persuade anybody and makes the conversation less enjoyable for fellow L.Dotters.


Reply 1 - Posted by: DVC 5/1/2024 10:40:06 AM (No. 1709790)
Great news. Now STOP flushing truckloads of taxpayer funds down this sinkhole! If some company wants to spend THEIR OWN money on EVs or batteries or charges, fine, no problem. No more taxpayer funds on this dying, foolish, dead end technology. EVs have been available to buy since 1890s, and they are STILL a tiny niche market that will never meet the transportation needs of the majority of Americans.
22 people like this.

Reply 2 - Posted by: snakeoil 5/1/2024 11:17:51 AM (No. 1709846)
Some day, if I live long enough, I might buy an EV. But, I want it to be my idea and not the government's. They will have to costs less than the Hope diamond, be more reliable than a $ 2 watch, and have a range longer than a dog leash. To be contrary I might opt for a hydrogen car.
12 people like this.

Reply 3 - Posted by: kennedylaw 5/1/2024 11:23:26 AM (No. 1709855)
If free markets were allowed then only a few rich liberals would own EVs. But the Democrats' Five Year Plan is to eliminate vehicles that people want to force them to only buy EVs. Of course, everyone knows that the power grid could never handle millions of EVs, even before Democrats eliminate all coal and natural gas power plants. The end goal is to force everyone to ride mass transit. Not possible in rural, low.population areas? Tough. Move to a Democrat controlled city.
9 people like this.

Reply 4 - Posted by: felixcat 5/1/2024 11:56:03 AM (No. 1709884)
Once again, a reminder that there was no federal government support, i.e., subsidies using our tax dollars, to help Ford, et al set up gas stations to support the first cars. They used their money. And that is one reason why I don't like Elon Musk is that much of his wealth/Tesla success was achieved using our tax dollars aka subsidies. https://familytreemagazine.com/history/history-of-gas-stations/
7 people like this.

Reply 5 - Posted by: Maggie2u 5/1/2024 12:19:38 PM (No. 1709895)
Looks like the Electric Vehicle bandwagon has run out of gas.
7 people like this.

Reply 6 - Posted by: SkyKing1222 5/1/2024 12:50:53 PM (No. 1709910)
“Electric Vehicles: A solution we don’t want, to a problem we don’t have. “ -Author unknown
11 people like this.

Reply 7 - Posted by: franq 5/1/2024 2:02:05 PM (No. 1709968)
I laugh every time I remember the president of my past employer's automotive division, who I'm sure was earning 7 figures, mouth "EV's have won the technology war." The man was fired about a year later, but the company still held a course on EVs.
4 people like this.

Reply 8 - Posted by: danu 5/1/2024 2:48:23 PM (No. 1709992)
at long last my secret dream shall manifest: a jetson flying car in every garage, a cost-free trouble-free permanent -energy-source- Nicolai Tesla invention in 'every tank'. we shall be freeeeeeeeeee
2 people like this.

Reply 9 - Posted by: DVC 5/1/2024 5:29:26 PM (No. 1710123)
An interesting thing will be to watch the resale value of used EVs. Historically you could sell a used car for something more than half it's new cost in 4 years, sometimes much more, like for Hondas or Toyotas. My bet is that after 3 or 4 years you won't be able to sell any EV for more than $500.
1 person likes this.

Reply 10 - Posted by: DVC 5/1/2024 5:30:43 PM (No. 1710124)
Re #6, similar to one I heard.... "An ingenious solution for a non-existent problem."
0 people like this.

Below, you will find ...
Most Recent Articles posted by "Christopher L"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Christopher L"
EVs Enter the Doom Loop 10 replies
Posted by Christopher L 5/1/2024 10:32:22 AM Post Reply
The irrational exuberance of the electric vehicle bubble is reaching its denouement, as legacy automakers are backing off of their previously ambitious EV sales and production goals, proposed new EV manufacturing plants are being suspended, and lithium battery manufacturing operations are laying off workers. There is an almost predictable storyline in how these ventures have played out, which is reminiscent of the dot-com bubble of a quarter-century ago, except that the dot-com bubble wasn’t suffused in eco-virtuousness nor did the companies of its era receive such heavy public subsidization before going bust.
Special Counsel Jack Smith Lacks Standing
to Defend the D.C. Circuit's ruling on
Presidential Immunity in the Supreme Court
4 replies
Posted by Christopher L 4/22/2024 11:44:45 AM Post Reply
On Thursday, April 25th the Supreme Court will hear oral argument in Trump v. United States. I have signed an amicus brief in this case, along with former Attorneys General Ed Meese, Michael Mukasey, (snip)  We claim that because Jack Smith was unconstitutionally appointed, he therefore lacks standing to defend the order of the D.C. Circuit denying Donald Trump's claim of inherent presidential immunity from criminal prosecution for acts taken while serving as President. Smith can no more defend the lower court order than can any random person picked off the street.
Tariq Speaks 1 reply
Posted by Christopher L 4/9/2024 2:48:56 PM Post Reply
The IDF has released video of the highlights of its interrogation of Palestinian Islamic Jihad spokesman Tariq Salami Otha Abu Shoulf. As IDF Lt. Col. (reserve) Peter Lerner puts it, “In his interrogation he reveals in simple terms how they organize the mass manipulation of the media.” As we have all seen over the years, it’s not too difficult. The terrorists and their allies have had it worked out for some time. Lt. Col. Lerner is frustrated that this video will not get the publicity it deserves.
The Biden administration’s war against
the government of Israel
6 replies
Posted by Christopher L 4/8/2024 10:01:32 AM Post Reply
The war rages in the Gaza Strip, northern Israel, Lebanon, Eilat and on the streets of Israel’s cities as Iran’s Palestinian, Lebanese, Syrian, Iraqi and Yemeni proxies maintain and escalate their operations against the Jewish state. Unmoved by this state of affairs, Israel’s far left is reinstating the anti-government riots that occurred regularly through the first three-quarters of 2023. (snip)  there are a number of reasons this is happening. But perhaps the main one was revealed by riot leader Ami Dror.  In that communication, Dror told his colleagues that the White House was asking them to reinstate the riots.
Part 1: The expected upcoming election
chaos caused by the left’s hatred of
any opposition
1 reply
Posted by Christopher L 3/28/2024 4:08:23 PM Post Reply
The kerfuffle this week at MSNBC because NBC had hired former Republican National Committee (RNC) chairwoman Ronna McDaniel is important not because of what eventually happened (MSNBC quickly announced McDaniel was banned though she would still appear on NBC), but by what it reveals of the left’s political class. Democrat politicians everywhere, both pretending to be journalists at MSNBC as well as within the leaders of the Democratic Party, complained that it was unacceptable to hire a former Republican Party leader, simply because she had dared express opinions and conclusions they disagreed with.
Part 2: A further list of upcoming Democratic
Party election chaos
1 reply
Posted by Christopher L 3/28/2024 4:08:11 PM Post Reply
In part one of this series I outlined one Democratic Party scenario for stealing a Trump election victory, based on the possibility that they might regain control of both Houses of Congress this year due to Republican resignations, and use that power to interfere with the election result as a lame duck Congress. Today I will to outline several of the far more likely tactics the Democratic Party will use in the coming months, before, during, and after the election, to make the first scenario above more doable, should it be necessary due to a Trump victory.
Part 3: The expected tantrum of madness
should Biden actually lose the election
6 replies
Posted by Christopher L 3/28/2024 4:08:00 PM Post Reply
For the past two days I have tried to lay out some of the illegal and immoral strategies and tactics of the Democratic Party in its relentless effort to guarantee a win in this year’s presidential election, no matter what. The bottom line is that Democratic Party politicians and their allies in the press and big tech will stop at nothing to prevent Donald Trump from regaining the White House. They will cheat, lie, encourage riots and looting, censor and blacklist their opponents, and in the end, even commit election and voter fraud on a massive scale.
Enemies Of The People 6 replies
Posted by Christopher L 3/23/2024 11:10:58 AM Post Reply
When we started this site, exposing mainstream media bias was a big part of our mission. Using the then-new internet, we and many others held liberal outlets (i.e., virtually all of them) accountable in a way that hadn’t happened before. The effect of that effort was not that the liberal press became more accurate or more objective. Rather, they came out of the closet. For the most part, they no longer make any serious pretense of neutrality. Whether that is an improvement or not is debatable.
How Many Millions of Illegal Aliens in
the Country Does the Democrat Party Need
to Destroy America?
5 replies
Posted by Christopher L 3/21/2024 2:00:22 PM Post Reply
I entered duty with the U.S. Border Patrol in 1995, back when there were only 5,000 people (Agents and support personnel) in all of the USBP.  I was the Director of the Aircraft Maintenance Facility in the Del Rio Border Patrol Sector. My guys maintained Piper Super Cubs and Aerospatiale A-Star AS-350 helicopters for our cadre of pilots. Back then, the Chief Pilot and I collected daily Air Operations performance data.  The pilots annotated (after flight) on their flight logs how many aerial-assisted apprehensions (APPs) they performed as well as the number of GOT AWAYs pilots counted from the air. 
Stop Playing Legislative Games 3 replies
Posted by Christopher L 3/1/2024 4:58:29 PM Post Reply
There are all kinds of phrases and jargon that are particular to Congress and legislative procedure, so much so that sometimes it sounds like the folks on Capitol Hill are speaking a different language. But at least one term is pretty clear on its face: “poison pill.” As it relates to Congress, a poison pill is a detail contained in a bill that makes the entirety of the legislation unpalatable. Sometimes they are obvious, and sometimes they must be rooted out, but if we care about the direction of this country, we must always make the effort to find them.
Colorado House speaker turns away families
of Hamas victims from chamber, while Senate
welcomes them
2 replies
Posted by Christopher L 2/5/2024 10:11:23 PM Post Reply
A delegation of Israeli officials and representatives of six families of hostages and victims of the Oct. 7 Hamas attack was turned away Monday by House Speaker Julie McCluskie. That wasn't how it was supposed to happen, according to Rep. Ron Weinberg, R-Loveland, who told Colorado Politics he had obtained permission from the speaker for the families to visit the House floor. Weinberg sent a press release on Sunday night announcing that the six families and dignitaries would be honored in both the Senate and House. Everything changed Sunday night.
Scandalous Senate 'Deal' Allows 1.5 Million
Illegals Per Year, Slides Up To $2.3B
To NGOs Trafficking Them, And Gives $60B
To Ukraine
37 replies
Posted by Christopher L 2/4/2024 11:38:04 PM Post Reply
While the House has gone full 'Israel or Bust', the Senate has come up with a $118 billion bipartisan agreement which would allow 1.5 million illegals to enter the US every year, allocates $2.3 billion towards NGOs and other organizations which traffic them, gives $14.1 billion in security assistance to Israel, and a whopping $60 billion in support to Ukraine. The bill also locks in green card giveaways until 2030.
Most Active Articles (last 48 hours)
MSNBC’s Wallace: If Trump Wins in November
Freedom of the Press Could End
28 replies
Posted by Imright 5/2/2024 12:26:19 AM Post Reply
MSNBC host Nicolle Wallace said Monday on “Deadline” that freedom of the press could end if former President Donald Trump wins re-election in November. Wallace said, “The annual White House Correspondents’ Dinner is one of the symptoms, one of the signs of a healthy, functioning democracy.” She continued, “It’s a coming together and, at its core, the president doing everything right celebrates and honors the free press. Behind the levity, though, there was something darker, a darker undercurrent, if you will, and a point that the president had to make. And it was more profoundly serious. Because at this exact time next year, depending on what happens in November,
Of the 300 Pro-Hamas Agitators Arrested
at Columbia, Most Weren't Students
23 replies
Posted by Imright 5/2/2024 5:51:21 AM Post Reply
New York City Mayor Eric Adams (D) sounds the alarm that the roughly 300 pro-Hamas protestors arrested by NYPD Tuesday night at Columbia University and City College of New York may not be students— but rather part of radical terrorist organizations. Adams said that when he became aware that the majority of the pro-terrorism protestors weren’t students but professional agitators, he promised to fight for the American “way of life” as the demonstrators continued to harass Jewish communities. “Once I became aware of the outside agitators who were part of this operation, as Columbia mentioned in their letter
Report: Democrats in ‘Panic Mode’
Over Gaza Protests Pushing the Country
to the Right
20 replies
Posted by Imright 5/2/2024 12:38:48 AM Post Reply
Democrats are reportedly in a panic over the Gaza protests because they think the images of campus takeovers are pushing Americans to the right. They have good reasons to be panicked. Trump is already leading in almost every swing state and one of the reasons is because the country is sick and tired of the antics of the radical left. Joe Biden’s total silence and lack of action is only going to make things worse for them. Axios reported: Democrats enter panic mode as Gaza protests erupt..House and Senate Democrats’ anxiety is spiking as pro-Palestinian protests on college campuses around the country kick into overdrive. Why it matters: The protests are
United Methodists Sing an “all faiths
lead to God” Hymn at the 2024 General Conference
18 replies
Posted by Beardo 5/2/2024 5:29:18 PM Post Reply
At the United Methodist Church’s 2024 General Conference, which has so far been a wokefest of heresy and blasphemy and where they overwhelmingly vote to repeal a longstanding ban on LGBTQ clergy, the denomination gathered around for an un-rousing rendition of the “hymn” Creator of the Intertwined.’ (snip) "The song of peace is sung by all; strength grows from unity. In harmony we celebrate Your gift: diversity."
Donald Trump's Meetings With Foreign Officials
Annoying Biden Administration
18 replies
Posted by ladydawgfan 5/2/2024 1:47:32 AM Post Reply
Former President Donald Trump has been having some serious sit-down meetings with some significant national leaders, and it's annoying the Biden administration. These kinds of meetings aren't all that unusual during presidential elections, but as usual, Donald Trump is doing this his way: In less than two months, Trump has hosted Polish President Andrzej Duda, Hungarian Prime Minister Viktor Orban, former Japanese Prime Minister Taro Aso and David Cameron, the former British prime minister who now serves as the U.K.’s foreign secretary. He’s also talked with Saudi Crown Prince Mohammed bin Salman and others by phone. It’s not unusual for a party nominee to meet with foreign officials —
Boeing whistleblower Joshua Dean, 45,
who accused supplier of ignoring safety
flaws in 737 Max production dies suddenly
almost two months after airline's former
quality control manager John Barnett took
his own life
17 replies
Posted by mc squared 5/2/2024 11:12:22 AM Post Reply
A Boeing whistleblower who raised the alarm about defects in 737 Max jets has died suddenly at the age of 45. Joshua Dean previously said he was fired from his job as a quality auditor at Spirit AeroSystems for questioning standards at the supplier's plant in Wichita, Kansas, in October 2022. Spirit manufactured the door plug on the Boeing jet which shockingly blew out midair on an Alaska Airlines flight in January. Dean died in hospital on Tuesday after a sudden illness, his family said on social media. He was fired from Spirit AeroSystems in April 2023. Earlier this year, Dean spoke with NPR about being fired
Biden's Plan to Accept Gaza Refugees Would
Be a National Security and Historic Blunder
14 replies
Posted by ladydawgfan 5/2/2024 4:38:48 PM Post Reply
CBS News is reporting that the Biden administration wants to bring some refugees from Gaza to the United States. CBS says documents obtained from the White House reveal that "senior officials across several federal U.S. agencies have discussed the practicality of different options to resettle Palestinians from Gaza who have immediate family members who are American citizens or permanent residents." The CBS report continues, “The plans would require coordination with Egypt, which has so far refused to welcome large numbers of people from Gaza. Those who pass a series of eligibility, medical and security screenings would qualify to fly to the U.S. with refugee status,
Middle School Girls Banned From Track
Event Over Protest of Trans Athlete
13 replies
Posted by Hazymac 5/2/2024 2:14:24 PM Post Reply
Five West Virginia middle-school track athletes who protested the participation of a transgender student in a recent competition have been barred from future meets and are now engaged in a legal battle with their school district that could end up at the Supreme Court. On April 18, during the 2024 Harrison County Middle School Championships, the student athletes — all girls — made local headlines by stepping out of the shot-put circle, choosing to forfeit rather than compete against a 13-year-old transgender female. The silent protest came after a federal appeals court struck down part of West Virginia's transgender sports ban, allowing the 13-year-old in question to compete
DOJ official Kristen Clarke comes clean
after falsely testifying to Senate that
she had never been arrested
13 replies
Posted by FlyRight 5/2/2024 7:58:19 AM Post Reply
Assistant Attorney General Kristen Clarke admitted Wednesday that she was arrested and chose not to disclose the legal matter during her Senate confirmation process because it had been expunged from her record. During her 2021 confirmation process, Clarke, who now heads the Justice Department’s civil rights division, was asked by Sen. Tom Cotton (R-Ark.) in a questionnaire if she’d “ever been arrested for or accused of committing a violent crime against any person.” To which Clarke responded, “No.” The Daily Signal reported on Tuesday that Clarke was arrested in Maryland in relation to a domestic violence complaint back in 2006.
Poll: News Organizations Have Trust Issues
as They Gear up to Cover Another Election
13 replies
Posted by Imright 5/2/2024 5:48:42 AM Post Reply
New York— Even as many Americans say they learn about the 2024 election campaign from national news outlets, a disquieting poll reveals some serious trust issues. About half of Americans, 53%, say they are extremely or very concerned that news organizations will report inaccuracies or misinformation during the election. Some 42% express worry that news outlets will use generative artificial intelligence to create stories, according to a poll from the American Press Institute and The Associated Press-NORC Center for Public Affairs Research. The poll found 47% of Americans also expressing serious concern that news outlets would report information that has not been confirmed or verified, and 44% worry that accurate information
Antony Blinken's Big, Stupid Middle East Trip 12 replies
Posted by ladydawgfan 5/2/2024 3:45:12 PM Post Reply
U.S. Secretary of State Antony Blinken arrived in Israel earlier this week, speaking loudly and waving a small stick. While Blinken ostensibly represents America's national interests abroad, his job in Israel is all about Presidentish Joe Biden's reelection bid — and how Israeli's defensive military actions in the Gaza Strip are complicating things for Biden at home. Blinken met with Israeli Prime Minister Benjamin Netanyahu in hopes, once more, of getting a temporary ceasefire with Hamas. A truce would "give us something to build on," Blinken said. Who is this "us," Kemosabe, and what are we trying to build? Hamas has rejected every offer for a ceasefire
Emory University protest descends into
chaos as Georgia cops 'spray tear gas',
fire rubber bullets and arrest dozens
of students
12 replies
Posted by Hazymac 5/2/2024 9:53:48 AM Post Reply
A protest at Emory University has descended into chaos as Georgia police officers fired rubber bullets and tasers at anti-Israel activists. In this, the latest explosive example of unrest on American college campuses, students and faculty members were arrested as videos showed Atlanta Police Officers and Georgia State Troopers wrestling them on the ground. A demonstrator was also seen being tasered by an officer as he lay in the grass. Another protest broke out at Northeastern University's Centennial Common as more than 100 pro-Palestine protestors gathered in tents with University and Boston Police standing by. Protests erupted in the
Post New Article