ICE or EV?

[morekaos]

They never really caught on. And without government welfare, there's not enough demand.

Electric vehicle sales are plummeting. Will they soon become too niche?​

Demand for electric vehicles in the U.S. has cratered since last September, when the $7,500 federal tax credit for EVs expired. The financial losses have forced automakers to write off billions of dollars in investment -- factories, battery technology and new models -- as consumers ignored higher-priced EVs for hybrids.

So what does that mean for consumers? Are electric vehicles now a niche form of transportation?

Wakefield argued there would have been "a long and steady growth" path for EVs if the current government had supported the industry, though he acknowledged that the market had been propped up by incentives and mandates.

"We're in a K economy and 65% of EV models are over $60,000," she said. "Consumers are still worried about the price. Not many models are affordable..."

Electric vehicle sales are plummeting. Will they soon become too niche?

Nearly 96% of electric vehicle owners say they would consider purchasing or leasing another one in the future, according to one study.

abcnews.com

 

[Liar Loan]

This is why Tesla's have not caught on.

How America’s Oil and Gas Dominance Has Weakened Iran​

Even at current prices, it’s still cheaper to fuel a gas-guzzler than to charge an electric vehicle. In any case, prices are lower than they were during most of the Biden presidency. Thank increased oil production in the U.S. and the rest of the Americas. While prices may rise further, they are unlikely to remain elevated for any significant duration.

https://www.wsj.com/opinion/how-americas-oil-and-gas-dominance-has-weakened-iran-022d8e84?st=ocNn3v

 

[morekaos]

By the way Scout is going to be another disaster…said it over and over…VW makes very bad financial decisions…this is another…

VW IS IN BIG FINANCIAL TROUBLE! SHOULD IT SELL SCOUT MOTORS?

German automaker Volkswagen is in a terrible financial spot that has it considering drastic action on less or non-profitable areas of the company, which could include its investment in EV startup Scout Motors.

Gunnar Kilian, a VW board member, warns that the company’s goal to cut about $11.6 million will need to be achieved through measures other than just workforce reduction. “We need to finally be brave and honest enough to throw things overboard that are being duplicated within the company or are simply ballast we don’t need for good results,” Kilian said.

VW is in Big Financial Trouble! Should It Sell Scout Motors?

Hard lessons to learn but VW never seems to…EV adoption is going great, don’t you think?…Just never caught on, huh?…

Volkswagen Loses Half Their Profit, Now Plan to Cut 50,000 Jobs Over Next Four Years​

When you overlay the big picture of their expensive “green energy” costs, the EU find themselves in an unescapable downward spiral. Quite literally, all commonsense seems to have been lost in their green energy chase.
By focusing on energy targets, specifically by trying to force production of European electric vehicles that are not favored by European car purchasers, the EU is shrinking their economy to the benefit of Beijing exploitation.

https://theconservativetreehouse.co...-plan-to-cut-50000-jobs-over-next-four-years/