THIS Is The FIRST Time This Has EVER HAPPENED In The EV Industry!

So it looks like the plan for quick and smooth electrification has hit a bit of a snag. And it has become pretty clear that we need to switch things up and come up with a new strategy that not only brings zero emissions and sustainability, but does so in a more diverse and inclusive way. Let's face it, the current state of the EV market is not looking too hot. We're seeing some pretty strange trends that have never happened before popping up, and it's not exactly painting a rosy picture. So, what exactly is going on? And what does this mean for the EV movement?
#BatteryTechnology #EVCars #EV #ElectricVehicle #EVNews #EVs
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[@paulmarc-aurele5508]

I think all subsidies and special tax incentives should be eliminated for both the petroleum industry and the manufacturers of EV’s along with any targeted EV mandate. I would tax petroleum to cover the costs that are caused by the illnesses from tailpipe emissions and the refinery process and tax EV’s per mile driven to cover the road tax lost from the pump. Then let the free market decide. I currently own an EV and use it for all of my errands and under 150 mile trips. It cost me on average about $4.50 to drive 100 miles. With my ICE car that I am keeping the same 100 miles is $20.00. The other thing that needs to be improved is the electric grid adding storage so that renewable sources can be used more efficiently. In a perfect and righteous world this would drive electricity cost down but the reality will be different for sure.

[@Madonsteamrailways]

Electric cars will probably return if, and only if, the price of electric vehicles come down in price RAPIDLY, the range of the batteries INCREASED and the INFRASTRUCTURE is improved.

[@sathishkumar-wy7tk]

Range of many Latest Vehicles is more than enough. Ex - But cars.
Charging infrastructure is to b improved, EXCEPT Norway & U.S.

[@edwarddejong8025]

Tesla superchargers are 45 cents and more per Kwhr. This means unless you can charge at home, you are screwed badly if you charge at the public chargers. At 45 cents or more, a hybrid with 30MPG is cheaper per mile. And The RAV4 Hybrid gets about 40 MPG. People aren't dumb, and they know that insurance costs for Tesla average over $2000/year. With the loss of the tax credit, Tesla sales have taken a nosedive.
EV's are still great from a maintenance point of view. But only a homeowner who can charge via solar gets the big benefit.

[@kenchristie9214]

Since 2017 automotive consumers have been teased with dramatic increases in the distance attainable by electric vehicles.
With the speculation of a 1,000 kilometre plus range from technologies such as graphene, many consumers are opting for hybrids as an interim until these prophecies come to fruition.

[@deanrhodenizer938]

This commentary seems to be US centric. European and Asian markets are not behaving in this way. There is a problem with legacy OEMs in that they don’t yet have the manufacturing expertise to build BEVs competitively. So far Ford is the only legacy manufacturer who is transparent about profitability on their BEVs and the picture is bad. In Q1 of 2024 Ford lost $130K on every BEV they sold which cannot be sustained. So, the reaction is to this is to push Hybrids where they can at least make some profit. This is clearly a stop gap measure to slow the transition to BEVs while Detroit learns how to scale up profitably, but it will not last forever. It should be understood that a lot of jobs are at stake here. The ICE portion of the automotive industry is at risk of shrinking a lot in the coming years and the impact on the Oil Industry will also be huge.

[@pizzaguy5250]

EV’s will NEVER work. “Hey, let’s ditch gasoline, double the price, cut the range, go from 5 minute fillups to hours, increase the flammability, overload the power grid, and make them all ugly as hell.

[@darrylnewton9010]

Why should my tax money subsudise someone elses vehicle, n9body gave me any money when i bought my truck?

[@bengordon7635]

the end of Biden and all his money spending madness ,,

[@adrianfisher9641]

Wha ??? Hope your not being a silly billy now, I’m watchin!!

[@glennmorgan4197]

1:32 That is just an adjustment to offset Elons despicable statements on X that have been bleeding off Teslas stock prices. 😮🤬💙💙💙VOTE BLUE 💙💙💙

[@agaluszka]

After stupid early talks it is time to wake up with so called "ecologically friendly".