You're Being Lied to About Electric Cars

[TolmiePeak]

Not sure where that is but we are most likely to end up in the Carolinas somewhere either close to the beach (we are fond of the North Myrtle Beach area), or in the Carolina mountains somewhere. We go back and forth at present but don’t have to make a decision until a few years from now.


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It was a joke. Del Boca Vista is a fictional condo complex in Florida where Jerry Seinfeld's parents moved to.

 

[UWSurfer]

I’ve owed and operated two EV’s over the last 10 years. We put over 100,000 miles on each of them. My experience is they’ve been reliable and inexpensive to operate, both city cars. Typically it cost us 1/3 to 1/5 the cost of gasoline when compared to our gas car(s).

 

[davidvel]

Negligence would be something like a driver not paying attention, like on a cell phone, and causing an accident. Reckless negligence is when you are paying attention, like in racing, and cause an accident. If we agree on this then maybe this too. A person receiving notification that their EV has a potential battery glitch that could start a fire and to park 50ft away from combustibles decides to disregard the notice and the EV battery starts on fire is recklessly negligent. When a person knowingly causes this type of damage you are saying it is covered under a home owners policy. I'm saying maybe, maybe not. I've seen damaged homes that should have been approved for insurance claims and I've seen homes that were approved that should have been denied.

Claims can be denied if the insurer decides you acted negligently. Let's go back to the leaking pipe that is a maintenance issue. Eventually the leak causes damage. This isn't necessarily covered because it is a maintenance issue and the home owner was negligent in repair.

Dave, I do see what I actually said. I agree that it could use clarification if anyone really cared.

Bill

Ok, counselor. Your statements are truly incredible. You must really like writing false things. What do/did you do for a living?

 

[easyrider]

What do/did you do for a living?

Dave, if I told you, you probably wouldn't understand it, and if you understood it, you probably wouldn't believe it, but, if you understood and believed it, you already know. Simply put, we have been in the nunayor business for decades.

Bill

 

[DrQ]

You’re Wrong About EV Fires​

Gas- and diesel-powered vehicles catch fire way more often than EVs, but you wouldn’t know that from the headlines.

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www.motortrend.com

 

[HitchHiker71]

You’re Wrong About EV Fires​

Gas- and diesel-powered vehicles catch fire way more often than EVs, but you wouldn’t know that from the headlines.

Loading…

www.motortrend.com

Yup

 

[Makai Guy]

 

[easyrider]

Yup

View attachment 98596

So what, lol ? The point is the magnitude of the fire. An EV fire is difficult to extinguish and can take days to be fully out. EV fire also burn hotter. So the problem with an EV fire is it burns hotter and longer which creates the opportunity for a large scale disaster in a public area.

Bill

 

[Tia]

? The numbers of vehicles catching fire stats should be in % of vehicles on the road, EV's are still fairly small % thinking.

 

[Brett]

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Global EV sales up 21% in July as China records biggest jump of 2024​

https://www.reuters.com/business/au...biggest-jump-2024-rho-motion-says-2024-08-12/



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[davidvel]

? The numbers of vehicles catching fire stats should be in % of vehicles on the road, EV's are still fairly small % thinking.

The stat cited was based on the % of units sold. Even a better measure than those on the road.

 

[Brett]

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September 13, 2024​

Explosion at an Idaho gas station leaves two critically injured and others presumed dead​

"A gasoline fuel tanker was offloading fuel at the station when the explosion occurred
https://apnews.com/article/idaho-gas-station-explosion-fire-cardiff-17c393b1ede0179ca6f3117e71459d09

 

[easyrider]

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September 13, 2024​

Explosion at an Idaho gas station leaves two critically injured and others presumed dead​

"A gasoline fuel tanker was offloading fuel at the station when the explosion occurred
https://apnews.com/article/idaho-gas-station-explosion-fire-cardiff-17c393b1ede0179ca6f3117e71459d09

Could you please explain how this has anything to do with a ice vehicle fire compared to an EV fire ?

Bill

 

[Brett]

Could you please explain how this has anything to do with a ice vehicle fire compared to an EV fire ?

Bill

Could you please explain how people are lying to you about electric cars ?


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Global EV sales up 21% in July as China records biggest jump of 2024​

https://www.reuters.com/business/au...biggest-jump-2024-rho-motion-says-2024-08-12/


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[easyrider]

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Global EV sales up 21% in July as China records biggest jump of 2024​

https://www.reuters.com/business/au...biggest-jump-2024-rho-motion-says-2024-08-12/



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In North America, EV sales are way down. In Europe, EV sales are way down. The reason is the North American and European EV market is comprised of ev's that meet standards higher than those in China. In China, an EV built for the Chinese market has a very low price tag because these products are heavily subsidized by the PRC's ADB.

The EV thing has caused huge losses for American and European auto makers.

Bill

 

[Brett]

In North America, EV sales are way down. In Europe, EV sales are way down. The reason is the North American and European EV market is comprised of ev's that meet standards higher than those in China. In China, an EV built for the Chinese market has a very low price tag because these products are heavily subsidized by the PRC's ADB.

The EV thing has caused huge losses for American and European auto makers.

Bill

Bill, if you don't like electric cars and/or you think someone is "lying" to you then keep buying those old gas clunkers (or hybrid).

No one is stopping you !




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Tesla vs. Ford vs. Hyundai: A Road Trip to Find the Best EV Under $60,000
https://www.wsj.com/video/series/jo...er-60000/10EA84C8-33D9-42AA-B684-BA8947F8870B

 

[HitchHiker71]

In North America, EV sales are way down. In Europe, EV sales are way down. The reason is the North American and European EV market is comprised of ev's that meet standards higher than those in China. In China, an EV built for the Chinese market has a very low price tag because these products are heavily subsidized by the PRC's ADB.

The EV thing has caused huge losses for American and European auto makers.

Bill

The rate of increase in US market share is down, but sales of BEVs is still increasing YoY despite the FUD:

Electric Vehicle Sales and Market Share (US - Q2 2024 Updates)

Automakers are rapidly launching electrified lineups. This page will be updated with the latest EV market share and sales numbers.

caredge.com

“Q2 2024: In the second quarter of 2024, 330,463 electric vehicles (EVs) were sold in the US, which is a 22.9% increase from the first quarter and an 11.3% increase from the same quarter in 2023. In the first half of 2024 (H1 2024), U.S. electric vehicle sales totaled 599,372 cars, which is 7.3% higher than H1 2023.”


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[easyrider]

The rate of increase in US market share is down, but sales of BEVs is still increasing YoY despite the FUD:

Electric Vehicle Sales and Market Share (US - Q2 2024 Updates)

Automakers are rapidly launching electrified lineups. This page will be updated with the latest EV market share and sales numbers.

caredge.com

“Q2 2024: In the second quarter of 2024, 330,463 electric vehicles (EVs) were sold in the US, which is a 22.9% increase from the first quarter and an 11.3% increase from the same quarter in 2023. In the first half of 2024 (H1 2024), U.S. electric vehicle sales totaled 599,372 cars, which is 7.3% higher than H1 2023.”


Sent from my iPhone using Tapatalk

EV's are an unsustainable product for American auto brands. These companies will be out of business because of ev's.

Ford claims they loose $100,000 on every EV they sell.

Here's the Staggering Amount of Money Ford Loses on Each EV It Makes | The Motley Fool

In Ford's ambitious push into EVs, the company is losing a staggering amount on each vehicle.

www.fool.com

If you merely glance at Ford's first-quarter results, you'll see just how much of a drag its EV unit, Ford Model e, was on results. Earnings before interest and taxes (EBIT) for Ford Model e in the first quarter checked in with a $1.32 billion loss. A source told Bloomberg recently that Ford's losses per EV topped a staggering $100,000 during the first quarter, which was reportedly more than double the loss per EV last year. One issue is simply the high costs -- including batteries, which remain one of the largest costs of EVs. Ford will need to scale its EV production to help lower costs.



GM lost $1.7 billion on ev's.

GM Lost $1.7 Billion from Electric Vehicles

Over the past couple of years, automakers have tried to add electric vehicles to their lineups but are experiencing losses because of them. One example is General Motors (GM), recently announced that last year’s profits were down 14.6%. The Wall Street Journal reports, “General Motors GM...

powerthefuture.com

“General Motors GM 2.65% increase; green up pointing triangle provided Wall Street with a surprisingly bullish profit outlook for 2024, lifting the stock Tuesday after stumbles last year on electric vehicles and self-driving cars dented earnings. The Detroit automaker also said it plans to introduce some plug-in hybrid models to North America, a significant strategic shift after years of sidestepping this technology for the U.S. market. Dealers have been pressing GM to add hybrids, which many observers see as an important option for customers in between gas-powered cars and fully electric vehicles.”

What makes GM’s loss report so interesting is that they lost more money from their electric vehicle business than from a six-week worker strike.

“A $1.1 billion loss from the United Auto Workers’ six-week strike last fall dragged GM’s full-year operating profit down 14.6% to $12.4 billion. A $1.7 billion loss on the EV business, as well as increased spending on its Cruise driverless-car program, also hurt earnings.”

This goes to show that despite the tax breaks and encouragement from the media, EVs cannot compete in the free market. Americans are not interested in cars that won’t charge in the cold and are overly expensive. It is time automakers return to what they know and make innovative combustion engine cars.

 

[Brett]

https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion

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[x3 skier]

View attachment 99418

View attachment 99419


https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion






View attachment 99420
























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How many times has "Peak Oil" been predicted so far?

 

[Ralph Sir Edward]

Some of the latest on battery tech

 

[dagger1]

View attachment 99418

View attachment 99419


https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion






View attachment 99420
























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[HitchHiker71]

EV's are an unsustainable product for American auto brands. These companies will be out of business because of ev's.

Ford claims they loose $100,000 on every EV they sell.

Here's the Staggering Amount of Money Ford Loses on Each EV It Makes | The Motley Fool

In Ford's ambitious push into EVs, the company is losing a staggering amount on each vehicle.

www.fool.com

If you merely glance at Ford's first-quarter results, you'll see just how much of a drag its EV unit, Ford Model e, was on results. Earnings before interest and taxes (EBIT) for Ford Model e in the first quarter checked in with a $1.32 billion loss. A source told Bloomberg recently that Ford's losses per EV topped a staggering $100,000 during the first quarter, which was reportedly more than double the loss per EV last year. One issue is simply the high costs -- including batteries, which remain one of the largest costs of EVs. Ford will need to scale its EV production to help lower costs.



GM lost $1.7 billion on ev's.

GM Lost $1.7 Billion from Electric Vehicles

Over the past couple of years, automakers have tried to add electric vehicles to their lineups but are experiencing losses because of them. One example is General Motors (GM), recently announced that last year’s profits were down 14.6%. The Wall Street Journal reports, “General Motors GM...

powerthefuture.com

“General Motors GM 2.65% increase; green up pointing triangle provided Wall Street with a surprisingly bullish profit outlook for 2024, lifting the stock Tuesday after stumbles last year on electric vehicles and self-driving cars dented earnings. The Detroit automaker also said it plans to introduce some plug-in hybrid models to North America, a significant strategic shift after years of sidestepping this technology for the U.S. market. Dealers have been pressing GM to add hybrids, which many observers see as an important option for customers in between gas-powered cars and fully electric vehicles.”

What makes GM’s loss report so interesting is that they lost more money from their electric vehicle business than from a six-week worker strike.

“A $1.1 billion loss from the United Auto Workers’ six-week strike last fall dragged GM’s full-year operating profit down 14.6% to $12.4 billion. A $1.7 billion loss on the EV business, as well as increased spending on its Cruise driverless-car program, also hurt earnings.”

This goes to show that despite the tax breaks and encouragement from the media, EVs cannot compete in the free market. Americans are not interested in cars that won’t charge in the cold and are overly expensive. It is time automakers return to what they know and make innovative combustion engine cars.

Last I checked - Tesla is an American auto brand (among other tech), and is profitably manufacturing and selling EVs since 2019. Just because the legacy auto manufacturers can't figure it out, doesn't mean it's not possible. Sometimes progress requires rebirth. Many of the legacy auto manufacturers will not survive this transition - and making excuses that the transition should not occur because 100 year old companies can't figure it out - when Tesla/Rivian/BYD/others have already figured it out and are actually doing it - doesn't pass the sniff test IMHO. Tesla is competing just fine in the automotive market from all accounts, and the US/EU are so scared of the Chinese automotive brands that they are enacting tariffs in a failed attempt to prevent progress.

 

[Brett]

Some of the latest on battery tech

that's some serious battery tech !

https://batteryindustry.tech/catl-s...600000-miles-warranty-that-can-last-15-years/





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"Due to the depletion allowance, investing in oil and gas wells has become one of the most tax-favored options in the United States. As a result, independent oil and gas producers and small investors can enjoy a tax-free income of approximately 15 percent of their gross income from oil and gas operations.
The depletion deduction for non-renewable resources has no limit on the total amount that can be deducted from income. However, percentage depletion can only be applied to oil and gas properties that generate net income.
https://en.wikipedia.org/wiki/Oil_depletion
https://www.dwenergygroup.com/depletion-allowance-explained/

 

[HitchHiker71]

that's some serious battery tech !

View attachment 99435

https://batteryindustry.tech/catl-s...600000-miles-warranty-that-can-last-15-years/





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"Due to the depletion allowance, investing in oil and gas wells has become one of the most tax-favored options in the United States. As a result, independent oil and gas producers and small investors can enjoy a tax-free income of approximately 15 percent of their gross income from oil and gas operations.
The depletion deduction for non-renewable resources has no limit on the total amount that can be deducted from income. However, percentage depletion can only be applied to oil and gas properties that generate net income.
https://en.wikipedia.org/wiki/Oil_depletion
https://www.dwenergygroup.com/depletion-allowance-explained/

Yeah, but that's a specific type of bus based battery tech - using a lower energy density LFP 175wh/kg configuration - that's why they can offer higher mileage/warranty. This isn't something you will ever see in a non-commercial vehicle - the battery packs would have to increase in size by 50% to offer the same range as today's higher energy density packs do - and the footprint and weight limitations for consumer vehicles won't allow for this. That's why this article explicitly states this is only for large commercial vehicles like buses.