ICE or EV?

[morekaos]

Shoppers can soon save $3,500 on a new EV in California. Here's why

With new EV prices averaging nearly $55,000 and the federal government no longer offering tax credits, California is planning to offer $3,500 in instant rebates.

www.usatoday.com

More wasted money

 

[momopi]

Most new EV’e are connected vehicles that can receive OTA updates. IoT enabled telematics systems collect and send data on your driving parameters.

Rental car companies are very interested in this and want auto makers to provide customer data so they can see if you were driving 100 mph in 55 mph zone.

The State government is also very interested in the ability to monitor distance driven and send you a bill for $0.04/mile driven. All roads become toll roads in addition to your gas tax.

 

[daedalus]

Why stop there? With 2-way data, in theory Sacramento could brick your car remotely based on extended O2 sensor readings or if you don't get that check engine light or recall sorted quickly enough. I'll keep holding on to my 1991 Honda and my kit car just in case....

 

[morekaos]

I don’t want my daughters data going to China…still can’t track these

The Expensive Accessory Every ‘Hot Girl’ Wants: An Old, Loud SUV​

The market for vintage Broncos and Land Rovers is booming, fueled by affluent young women willing to spend north of $100,000 for ‘junk on wheels’​

“Those EV cars, they’ll run you over because you can’t even hear them,” said Matthews, 28, who lives in Manchester, England, and bought her navy Jeep Wrangler YJ last month for about $16,500. She said that people look at her and think: That’s a cool girl, driving a cool car. “And there’s something fun about a car that’s quite bouncy.”

https://www.msn.com/en-us/news/news/content/ar-AA26N071?ocid=sapphireappshare

 

[morekaos]

Painful lessons (hopefully) learned…

Ford Q2 sales drop 10.3% due to F-Series supplier issue, falling EV demand​

https://www.cnbc.com/2026/07/02/for...are|com.apple.UIKit.activity.CopyToPasteboard

General Motors 2Q sales take a hit as demand for EVs continues to decline

https://www.msn.com/en-us/news/news/content/ar-AA270DFa?ocid=sapphireappshare

 

[zovall]

Ford's EV sales numbers (~10k) are in the Rivian (~12k) and Lucid (~4k) range


Tesla's EV sales numbers (~480k) are in another league

 

[irvinehomeowner]

But Tesla hasn't caught on right?

 

[irvinehomeowner]

Lambo not liking EV tech either:

Lamborghini says EV tech ‘not mature enough,’ pushes first EV past 2030

Lamborghini’s product chief says EV tech is ‘not mature enough,’ confirming the Lanzador stays a hybrid and pushing its first EV past 2030.

electrek.co

Maybe morekaos should back them instead of RACE.

 

[irvinehomeowner]

Also... not looking good for Lucid:

Lucid (LCID) stock halted, crashes 40% on bankruptcy report it denies

Lucid (LCID) stock was halted and crashed over 40% after a report said it weighed Chapter 11. Lucid denies it, citing liquidity into next year.

electrek.co

It's a shame because their products compete well at the high-end with range and feature.... but unlike Tesla, they weren't fast enough to produce their more affordable models to push volume.

 

[morekaos]

Lambo not liking EV tech either:

Lamborghini says EV tech ‘not mature enough,’ pushes first EV past 2030

Lamborghini’s product chief says EV tech is ‘not mature enough,’ confirming the Lanzador stays a hybrid and pushing its first EV past 2030.

electrek.co

Maybe morekaos should back them instead of RACE.

Still like race…they are faking their way into EVs…If only they listened to me…would have saved millions

 

[morekaos]

Also... not looking good for Lucid:

Lucid (LCID) stock halted, crashes 40% on bankruptcy report it denies

Lucid (LCID) stock was halted and crashed over 40% after a report said it weighed Chapter 11. Lucid denies it, citing liquidity into next year.

electrek.co

It's a shame because their products compete well at the high-end with range and feature.... but unlike Tesla, they weren't fast enough to produce their more affordable models to push volume.

Also as I predicted

 

[morekaos]

Thriving just like horse and carriage right? Why would someone build a car, all that money poured in, ludicrous...

Look at all the automakers do they have plans to make EV, imagine if they didn't have any, so yes, survive.
Destroy equity may be seen now, only because they are still in the infancy stage (as mentioned huge R&D and cap investment) and haven't reached the lifecycle where they make a profit. You know, I'm quite surprised that I have to even mention this considering you're in the equity business and I thought have decent business acumen.

Oh, looky here, just came in:

Lamborghini Confirms Electric 2+2 Grand Tourer​

Lamborghini Confirms Electric 2+2 Grand Tourer For 2028 Debut

Lamborghini has announced its first fully electric model will be launched in 2028 as a 2+2 GT. Meanwhile, the existing lineup will be hybridized in 2024.

www.motor1.com

Need to add, source is Lamborghini for more solid reference:

Lamborghini announces its roadmap for electrification: “Direzione Cor Tauri”

Making its debut is the new “Direzione Cor Tauri”, the environmental sustainability route that will lead Lamborghini to the decarbonization of its future models.

www.lamborghini.com

Look again….