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The notion that HD EV’s are anywhere near capable of replacing diesel powered HD vehicles is sheer lunacy. This is light years away from reality.

BTW, the entry level price for new fleet equipped OTR HD trucks is much closer to $225,000.

Frito Lay/ Pepsico don't seem to agree:

https://www.potatopro.com/news/2023/electric-trucks-food-industry-how-tesla-semi-working-out-frito-lay-pepsico?amp

Amazon also seems to think different:

https://www.aboutamazon.com/news/transportation/everything-you-need-to-know-about-amazons-electric-delivery-vans-from-rivian

Just think if we let people build every car and truck in the world with Iron and Steel.

Why the earth would have more holes in it than your theory...

No sir, I did not think you wrote it. Your links were clearly shown and highlighted.

You prolly saw the "bone stupid" comment I made and thought I meant you. I did not, so stop feeling special.




But back to the article; up to $100 to charge???

Real math for my car:
350 mile on a full charge
82 Kwh battery
13.5 cents per Kwh

That's $11 for a full tank - or about 3 cents a mile.

Always like a trip to middle school texting with you DMV - thanks!

What does a fill up for your truck cost you again?

I hear that the Chinese have a 600 mile range on their electric and they swap out their low battery for a fully charged one. Beats waiting for a charger.

I've see some of that, but really don't think it will amount to much. The whole range anxiety is a fallacy. Who the hell drives 300, or 500 miles and does not what a 20-30 minute break? Besides if you need to tow a 5th wheel you wouldn't use a Camry.

I suspect though that even if they sold cars that never need fueling, many Americans would march on Washington to prevent them - "cause it just aint American!"

And I spy with my little eyes....

China's EV Market Starts 2024 With BEV Sales Slowing And Even More Price Cuts

Just when you thought the EV market couldn't get more saturated or competitive in China, sales have once again slowed and the country's market leader, BYD, is once again implementing price cuts.

Sales of BEVs were up 18.2% in January-February compared to 20.8% for 2023, according to China Passenger Car Association reported by Reuters.

When added to hybrids and new energy vehicles, sales were up 37.5% in the period, compared to 36.2% for all of 2023, proving that the EV market continues to gravitate toward the practicality and affordability of hybrids versus all battery electric vehicles.

Reuters noted that overall passenger vehicles were up 16.3% for the year.

The report said that in the initial months of the year, EVs comprised 33.5% of total car sales, up from 28.3% in the same period last year, outpacing sales of gasoline cars which increased by 7.8%.

According to Cui Dongshu of the China Passenger Car Association, some EVs are competitively priced with gasoline vehicles, impacting their sales.

Leading the price reductions, BYD decreased prices across many models by an average of 17%, affecting 93% of its sales in China for 2023. This included a nearly 12% cut for its top-selling Yuan Plus and a 5% cut for the Seagull, its most affordable EV.

Several automakers have joined this price competition, offering discounts between 9% to 17%. Despite these cuts, BYD's market share dropped to 30.7% in February, the lowest since June 2022, even though it remains the largest EV seller globally, surpassing Tesla with most sales in China.

BYD exported 19% of its vehicles in February, marking its highest export ratio, contributing to China's 18% increase in car exports, with EVs making up 26.4% of this total.

Exports are vital for manufacturers facing weak domestic demand, with significant sales in markets like Australia, where Chinese EVs benefit from subsidies and lack trade barriers. However, this export success has led to tensions, with Europe and the U.S. investigating Chinese EV subsidies and potential security risks.

https://www.zerohedge.com/markets/chinas-ev-market-starts-2024-bev-sales-slowing-and-even-more-price-cuts

I've made the drive from Texas to New Mexico several times. It's like 10 hours and I always stopped for lunch - but that's just me. I know many here would not think of crossing the 600+ miles and ever stopping - unless absolutely necessary and only for the briefest amount of time. Or so they say.

We are a 2 vehicle family. The next time we drive to NM we'll prolly take the Wife's gas SUV. Cause it's easier and has more room. But for our 100 mile trips around Texas we always use the electric. Saves a ton of money and the Autopilot rocks.

Lucid offers a car with over 500 miles of range. But right now it's stupid expensive.
Nowhere near the value proposition of a 1972 Ford F-100 6 cylinder, with no AC and a coupla gas cans in the back bed. Get you a new seat cover every 5 years or so, a pickle jar to pizz in, and hit the open road. AM radios are underrated, ya know. FM is for yuppies...

Congratulations Mr. Fenst.
Enjoy the new wheels!

FLIP FLOP

It’s almost like there’s something wrong with the idea of EVs. I can’t put my finger on it. Maybe it’s the fact that when you trot down to your neighbourhood EV dealer, stopping for a soy latte and some tofu, you’re buying an expensive iPhone on wheels (and we all know what the resale value of a 5 or 10-year old iPhone is like).

You tell yourself you’re excited to be saving the planet as you power the bad boy up with some vegan electricity subsidised by the pronoun compliant guvmint, but now those subsidies are now being pulled (governments are bankrupt — surprise), and your vegan electricity is being imported from Indonesian coal mines and it’s costing a lot more than your old planet killing V8 supercharged testosterone-boosting muscle car and you’re pissed. Or maybe it’s the cost? Or maybe most people just don’t appreciate being forced to switch their car because the alphabet people say so?

It could be any of these things, but you know what? If you ask me, it’s quite simple. It is this very simple metric by which so much of human behaviour can be deduced. When it comes to buying isht, what folks want is a high quality item at a reasonable price and one that is more competitive than alternatives. The fact is that when it comes to their wallet nobody gives a pig’s arse about saving the planet. And THAT, my friends, is where the EV fraud stumbles, trips, and then jarringly smashes its face into a brick wall of reality.

And this brings us to our beer-drinking, bratwurst-eating friends — some of the best designers and manufacturers of cars ever. The Germans, specifically, Audi, who are doing a massive U-turn on electric vehicles. DROPPING their earlier goal of producing only electric vehicles by 2026. And they’re not the only ones.

Audi puts big EV push on the back burner

CEO Gernot Döllner told Bloomberg. “In the end, we decided to spread it out to not overwhelm the team and the dealerships.

Hahaha! That’s what he actually said to Bloomberg, but you know what he’d say to his mates down at the local beer hall? He’d tell them what an insider in the European automotive industry told us over a year ago — that there is bugger all demand for these stupid things and that many of the European auto manufacturers were going to land up being stuck with unwanted inventory… and some would probably “not make it through.”

Speaking of “others.” Mercedes Benz are also doing the same. They are bailing on EVs and instead are ramping up production of ICEs.

Mercedes-Benz delays electrification goal, beefs up combustion engine line-up

The company now expects sales of electrified vehicles, including hybrids, to account for up to 50% of the total by 2030 – five years later than its forecast from 2021, when it aimed to hit the 50% milestone by 2025 with mostly all-electric cars.

And perhaps most curious of the bunch: Apple. After 16 years of teasing entry into the EV market, Apple just bailed on their long-awaited electric car.

After 16 Years, Apple Abandons Work On Electric Car

One other thing worth mentioning is that Apple sits on a gobsmacking $162 billion in cash. And even with all that cash, they decided to pass on the “EV revolution.”

What to make of all this? As we like to say around here, everyone is a greenie until it hits their pocket. It seems to me that maybe, just maybe, Audi, Mercedes, and Apple have figured out that EVs are not the silver bullet they were promised to be.

And speaking of Apple, guess what they’re focusing on instead…

Many employees from the Special Projects Group (SPG), responsible for the car, will transition to the artificial intelligence division led by executive John Giannandrea. Their focus will shift to generative AI projects, aligning with the company’s evolving priorities.

Why, AI, of course. Which brings me to…

CONTRARIAN SIGNS IN TECH

The recent AI-fueled rally in Magnificent 7 Magnificent 2 lured many investors from the sidelines and converted even the most hardened “growth” sceptics (short sellers).

Meanwhile, contrary signs abound…

James Packer bets big on US tech stocks

Billionaire James Packer has more than doubled his investment in the US sharemarket to just shy of $US800m ($1.2bn), taking massive bets on the future of Facebook and chipmaker Nvidia.

The headlong dive into tech and the sudden reshaping of his portfolio has seen about a quarter of his wealth moved into three listed companies – Mark Zuckerberg’s Meta Platforms, Nvidia Corporation and software behemoth Adobe.

The overhaul has also resulted in Packer dumping the majority of his previous stock holdings in 24 companies across financial services, hospitality, tourism and private equity-led funds.

But far and away the biggest movement has been Packer’s newly-purchased stake in Meta, owner of Facebook, a play worth $US223.5m.

You don’t hear of billionaires investing in the likes of Exxon, Chevron, Haliburton, or Peabody and the like!

Ah, those contrary signs get even stronger!

Stocks don’t get included into the Dow when they are out of favour. In fact there are numerous studies out there that show, beyond reasonable doubt, that stocks added to the Dow tend to UNDERPERFORM while those dropped from the index OUTPERFORM. Who Woulda thunk it?

In fact, just as I was writing this issue, I came across the following…

Exxon getting dropped might be the best case in point as it perfectly highlights the sentiment around energy investments. Exxon was booted from the Dow in September 2020. And guess when the best time to buy it was…

Look at how it’s taken off since then.

Now, on their own we wouldn’t get all excited about each of these little contrary signs. But when you treat them like the attendee list at Davos and line them all up against a wall, they collectively become a strong form contrary sign — even more so when you consider the below chart that shows energy is the most uncorrelated sector to tech. In other words, the best place to hide when tech stocks buckle is in fact energy.

https://www.zerohedge.com/news/2024-03-12/ev-delusion-crumbles-major-automakers-are-out

So, the market is punishing this because nobody wants it, the stock market is seeing this as dead cat bounce again and again to the point of letting them fall to earth under their own weight. Meanwhile Mr. Trendy Fart Car has his head so far up his own ass there's no longer room for the soy lattes!

Tell us again how much you paid for your brick on wheels? Oh the money you could've saved if you weren't so stupid!


Even Porsche dropping the game too!



In yet another endless sign our markets are completely broken and unredeemable, Porsche stock was up 10% on Tuesday, despite the company warning about its profit for the year.

Porsche reported a 7.7% increase in sales revenue for 2023, reaching 40.53 billion euros ($44.29 billion), with its operating profit climbing by 7.6% to 7.28 billion euros, according to CNBC.

But it also announced a predicted dip in profitability for 2024 due to new model launches and challenging economic conditions, despite raising its dividend after a profitable 2023. The luxury carmaker anticipates an operating profit margin between 15% and 17%, a decrease from the 18% seen in the past two years, aiming for a long-term goal above 20%.

The company said that the forecast reflected the impact of product range updates, global economic factors, higher depreciation costs, and ongoing investments.

The company plans to introduce new versions of the Panamera, Macan, Taycan, and 911 models in 2024, it said. It was also reported yesterday that the company would be 'flexible' on any new combustion engine rules that could potentially be rolled back by the EU, per Bloomberg.

The report said the company is prepared to "steer investments back to combustion-engine cars" if the EU delays its timeline for phasing out ICE vehicles. It had previously planned to phase out ICE investments in 2026 and 2027, but Chief Financial Officer Lutz Meschke said “we are flexible to react” if the rules change.

Chairman Oliver Blume commented Tuesday: “2024 is going to be a year of product launches for Porsche – more so than any year in our history.”

He continued: “We will be introducing a variety of exhilarating sports cars to the road, they will delight our customers around the world. This will put the wind at our back for years to come.”

Meschke added: “Porsche proved in 2023 that we are resilient, highly profitable and financially robust even in volatile times. And we benefit from an even better-balanced sales structure than in the past.”

“On this basis, we’re laying the groundwork in 2024 for a flying start in 2025. Our focus remains on the sustainable success of the company. Our customers and employees, the company and our shareholders all benefit.”

https://www.zerohedge.com/markets/porsche-stock-spikes-10-tuesday-despite-profit-warning


BAWHAHAHAHAHAHAAAAA!

Just curious Robert, Do you live in a place where you could charge an EV at home?

What made you choose a hybrid?

Did you test drive an EV or two?

Anti -electric, anti vaxer. What's next - flat earther. More likely to catch fire than something with gasoline and other flammable fluids (maybe, but seems to be less probable).Well, at least you aren't worried about gas prices.

Thanks MACS.

Comical how critical thinking isn't employed with dignity. On this thread, I clearly point out(and my latest posted article did too) time and time again how the EV is really only a glorified golf cart. What I suspect is that certain people cannot and will not take the time to read...digest the information and see if there's something to learn. Instead, they see someone post that they don't like (their opinions too) for whatever reason and dismiss it. Kind of like the link you posted in another thread. The bias is obvious except to themselves. I like to think that with my opinions and the links I share to emphasize (or they do a much better job of summarizing it up tighter!) or to add to a point of view are those types of learning opportunities. Recently many posters bemoaned and shrieked how I never have an original thought and I'm incapable of one. I didn't know if I was supposed to laugh or feel sorry for them. I guess, especially when we're in this forum...a printed form of reading and writing devoid of sarcasm and smirking what's lost is that people actually do read and decide for themselves afterwards. If I'm lying...call me out...If I'm wrong, please show me where. I really try in my life to adapt and learn so it's not that I'm unwilling...perhaps I'm unchallenged.

Tony, I really don't know where you jumped the track to the point that you want to exclaim I'm a flatearther. I suppose that's supposed to be some sort of a put down. It's not. As a kid I wanted to be an astronaut. I was immersed with the idea of space travel. It was young and daring. I can still remember watching the first lunar landing on tv. I had printed transcripts of all the Gemini and Apollo missions in really nice 3 ring binders and could quote them. Even went to the Griffiths Observatory many times with school and with my family to see the telescope do it's thing. As a young adult they had an observatory in Orlando that did cool stuff like show all the lunar landing sites with Pink Floyd blaring. You could see the flags where they were placed, the footprints and tire tracks of the lunar buggy and even the buggy itself. Even had the wallpaper in my bedroom of the view from the moon looking back at Earth. Whomever told you that was ever a thing, you need to do a better job educating the people you hang around with. You've failed them. You failed trying to insult me. You didn't fail providing comic relief though. I laughed when I read your post.

So, another car manufacturer and thinktanks calling it a failure...




Nissan is the latest manufacturer to aim to cut EV costs in order to keep up with an increasingly competitive and saturated landscape. The company is now seeking to compete with Chinese rivals by slashing costs by 30%, Financial Times reported this weekend.

Nissan, in collaboration with Renault and recently Honda, faces challenges in China's auto market, the report notes. After delays, Nissan's new business plan seeks to boost sales by 1 million units by fiscal 2026, introducing 30 new models, half of which will be EVs or hybrids.

This includes launching eight "new energy" vehicles in China and starting exports of locally made cars next year. In North America, the goal is to increase sales by 330,000 vehicles by 2026, with India becoming a key export hub. Additionally, Nissan aims to release an EV with solid-state batteries by 2028, Financial Times writes.

Chief executive Makoto Uchida commented: “Faced with extreme market volatility, Nissan is taking decisive actions guided by the new plan to ensure sustainable growth and profitability.”

Nissan's new strategy follows a notable alliance with Honda to create EVs, marking a shift towards combating the influx of competitive, high-tech models from China, while still working with Renault and Mitsubishi in specific regions.

Despite Renault reducing its stake in Nissan to 15%, its partnership with Nissan persists. The report says that Nissan aims to reduce EV production costs to match those of traditional cars by 2030, tackling the current issue where manufacturers lose approximately $6,000 per EV sold in the U.S. due to high production costs and customer tax credits.

Amidst this, Nissan lowered its annual sales forecast after underperforming in key markets like China, the U.S., and Europe, highlighting a need for improvement especially in the U.S. hybrid market, where it lacks a strong presence.

Similarly, we have noted that auto companies are slashing investment in EVs, as is the case with American auto manufacturers like Ford and GM. We wrote last month that Joe Biden's vision for EVs across America is in "full collapse".

As we wrote then: "Meanwhile, the higher costs are driving automakers away from EVs. And as battery material requirements are set to double by 2027, fulfilling these mandates will be increasingly difficult, putting Biden's ambitious EV strategy at risk."

Thinktanks like Brownstone have simply noted that when it comes to EVs, "the great reset didn't work". Jeffrey Tucker wrote last month: "In short, the illusions of these horrible policies have come crashing down. It was born of liberty-wrecking policies under the cover of virus control. Every special interest seized the day, including a new generation of industrialists seeking to displace the old ones by force."

He concluded: "​​​​​​​More and more, it’s obvious what a disaster this was. And yet no one has apologized. Hardly anyone has admitted error. The big shots who wrecked the world are still in power. The rest of us are left holding the bag, and paying very high repair bills for cars that are non-optimal for driving from one town to another and back again in the cold weather that was supposed to be gone by now had the “climate change” prophets been correct."

Recall, a report from Consumer Reports last year found that electric vehicles have almost 80% more problems and are "generally less reliable" than conventional internal combustion engine cars.

https://www.zerohedge.com/markets/nissan-aims-cut-costs-30-simply-remain-competitive-evs

You realize the "conspiracy theorists" have been right about 98.2% the last few years, don'tcha?

Yes - just like that 82.9% of facts are made up on the spot….

Covid started in a wuhan lab
They WERE spying on Trump
The laptop WAS Hunter Bidens
The Steele Dossier/Russia collusion was made up by the dems
January 6th was not an insurrection

I could keep going, but it's pointless with you. I'd direct you to that post in the political forum of why smart people believe stupid things, but that'd be pointless, too.

Home charger is a non-issue.

I chose the make and model first. Passed on the fully gas engine and fully electric..

Don't want full electric yet. Ranges are not long enough for me, charge times are too long, and there aren't enough stations All that needs to be worked out before I'll go electric. So, I did not even consider it.

You want electric, buy electric. You want a hybrid buy a hybrid. You want a gas buy a gas. You want a diesel buy a diesel. Your money your choice.

+1

But.....you really are not getting into whole fear mongering, EV's are bad thing here.

You know that EV's hate 'Merca - don't you?

If anyone is into the "fear mongering" it's YOU! A constant fear of learning! You seem to have a very hard time with reading and comprehension. Your inability to read the stories and facts are on you. You are the one bringing your Feelings sandwich and expecting everyone to eat it, like you ALWAYS do. I can only surmise from what you decide to put up that unless the government or an alphabet agency isn't telling you what to do, think or behave that you lack the faculties to employ critical thinking. All you have is a supposed "windmill" to attack there "Don Quixote". Good luck with that. Everyone else that has corresponded on this (and every other topic you bleat your bull**** on) thread can see you for what you are. A person that is unwilling to listen to industry leaders, scientists, manufacturers and every other watchdog/insurance group with rational guided wisdom predicated on facts, sales numbers and history on their side. Good luck.

Denigrating me for offering up an opinion that differs from you based on your failed logic is all on you. Think I'm wrong? I can show you where I'm not. Screaming at your computer screen isn't going to work out for you. We ALL see you for what you are. It's my mistake for believing that you have an ability to learn or you're an adult.

On the news today that Brewha got a free month of self driving, the stock dropped 5.5%.

Analysts were quoted as saying “come on man, he’s a Prius Uber guy!”

I can only guess why Tesla is giving away ANYTHING!



Customers are choosing to turn off Full Self-Driving 85 percent of the time, according to Tesla's own mileage statistics.

Tesla drivers are barely even using self-driving technology as a road safety expert raises the alarm over "safety defects."

Elon Musk has made electric vehicles a cornerstone of his business empire over the years.

But Tesla's stock market performance has suffered in recent months as investors become increasingly sceptical about their future.

Safety concerns have also been raised about Tesla's self-driving technology.

Dan O’Dowd, founder and CEO of The Dawn Project, tells GB News that Tesla customers are barely using the technology, opting instead to take control of the car for the majority of journeys.

He said: “Tesla's own mileage statistics show that customers are choosing to turn off Full Self-Driving 85 percent of the time, despite Elon Musk's claims that the software is four times safer than a human driving manually.

“Why would safety-conscious customers who paid up to $15,000 for Full Self-Driving switch it off 85 percent of the time?

“The reason is that Full Self-Driving does not make you a safer driver, and Tesla drivers have realized the litany of safety defects present in Tesla's self-driving technology.”

O’Dowd added: “Waymo continues to pull ahead of Tesla in the race to autonomy.

“Waymo robotaxis are rolling out in the second largest US city while after almost a decade of Elon Musk’s promises of Full Self-Driving in a year or so, Tesla owners must still desperately cling to their steering wheels to keep Full Self-Driving from killing them.”

In December two million Teslas were recalled due to a high-risk software flaw in the self-driving technology that could lead to crashes.

The flaw was uncovered after a two-year investigation by the National Highway Traffic Safety Administration

Tesla did not agree with the results of NHTSA’s investigation, as reported by the Associated Press.

Earlier this month, a safety group rated Tesla's autopilot feature as "poor" for safety.

The Insurance Institute for Highway Safety said: “Some drivers may feel that partial automation makes long drives easier, but there is little evidence it makes driving safer.

“As many high-profile crashes have illustrated, it can introduce new risks when systems lack appropriate safeguards.”

https://www.the-express.com/finance/business/132178/tesla-self-drive-safety-defect-elon-musk-electric-vehicles


"Kicks azz"...LOLZ