ICE or EV?

Which car(s) will you be buying next?

  • ICE ICE Baby (morekaos dinosaur option)

    Votes: 13 31.0%

  • EV forEVa (unicorns for all)

    Votes: 23 54.8%

  • PHEV (I still have range anxiety)

    Votes: 4 9.5%

  • Hybrid (can't plug in yet)

    Votes: 5 11.9%

  • Alternative fuel (Hydrogen, vegetable oil, etc)

    Votes: 0 0.0%

  • Other

    Votes: 1 2.4%
  • Total voters
    42
NEW -> Contingent Buyer Assistance Program
irvinehomeowner said:
Fisker probably dead... Magna not going to make their Ocean anymore:


Electrify America doing almost double their output last year:


Despite the "slowdown"... EVs are still the best vehicles for me.
Click to expand...
Lucid is toast too….bleeding out…told ya…More will follow into the fire…

LCID Earnings: Lucid Plummets after Disappointing Q1 Results

Shares of Lucid (NASDAQ:LCID) plummeted in after-hours trading after the EV company reported earnings for its first quarter of Fiscal Year 2024. Earnings per share came in at -$0.30, which missed analysts’ consensus estimate of -$0.25 per share. Sales increased by 15.6% year-over-year, with revenue hitting $172.74 million. This also missed analysts’ expectations by $9.7 million.

As a result, Lucid felt the need to raise an additional $1 billion during the first quarter through a private placement with an affiliate of the Public Investment Fund.

https://www.tipranks.com/news/lcid-earnings-lucid-falls-amid-disappointing-q1-results
 
The EV Jenga game is similar to this one…Best Companies (Tesla maybe Rivian) that exist because of Government support (like rating agencies for CMO’s) will fall with the collapse of the weaker players (LCID, NKLA, FSKR)…🤦🏽‍♂️🤷🏽‍♂️😂😂😂🦄🌈

 
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Not sure how you think Tesla and Rivian will fall when others fail... but it's not like you have the best logic.

Lucid not looking good and although Rivian has money until 2025... going to need more than the Illinois incentives and a possible partnership with Apple to make it to the 2026 R2 model.

I still think Tesla and Rivian will continue... just not sure about the also-rans (as I have always contended).
 
irvinehomeowner said:
Not sure how you think Tesla and Rivian will fall when others fail... but it's not like you have the best logic.

Lucid not looking good and although Rivian has money until 2025... going to need more than the Illinois incentives and a possible partnership with Apple to make it to the 2026 R2 model.

I still think Tesla and Rivian will continue... just not sure about the also-rans (as I have always contended).
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They already are falling with the rest. When the mortgage market collapsed, it didn’t take all of them, some of them are still here today. Same with .com….This will be no different.😂😂🦄🌈
 
Yahhh they are so great…makes you want one sooooo bad...🤦🏽‍♂️😂😂😂🦄🌈

Rivian R1T Damage Repairs Cost More Than A Brand-New Car​


The Rivian R1T Truck isn't an affordable vehicle, but as it turns out, the repair costs owners have to face when they get their electric pickup damaged are equally expensive. In a post on Reddit by one user tortito, a damaged R1T underwent repairs via a Rivian-certified shop, only to be met by a bill that costs as much as $21,149.16. That amount of money is enough to buy the owner a brand new, top-spec Nissan Versa SR (with some change) and nearly a quarter of a specced-out R1T's price tag (before Earth Day discounts).

carbuzz.com

Rivian R1T Damage Repairs Cost More Than A Brand-New Car

The electric truck was hit by a semi trailer, receiving substantial damage on the rear quarter panel.
carbuzz.com carbuzz.com
 
irvinehomeowner said:
Walmart and possibly Costco going EV:

electrek.co

Tesla Semi is getting into the hands of two more big customers

Tesla Semi is getting into the hands of two more big customers as the program finally appears to be ramping...
electrek.co electrek.co

EVs still coming... tick tock.
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I didn’t read the story but I have a friend who is a GM of a region of a national distributor and he fought as much as he could to avoid getting electric delivery trucks. The economics made no sense but they were forced on him by corporate for ESG related reasons. Many public companies do token things so they can toot their horn in their ESG report. I’m not saying that is the case here since I didn’t read the story.
 
qwerty said:
I didn’t read the story but I have a friend who is a GM of a region of a national distributor and he fought as much as he could to avoid getting electric delivery trucks. The economics made no sense but they were forced on him by corporate for ESG related reasons. Many public companies do token things so they can toot their horn in their ESG report. I’m not saying that is the case here since I didn’t read the story.
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Probably is.

We are not going to shift to EVs overnight but 5-10 years from now will look different.
 
Good friend is pretty high up in the harbor. Other higher ups wanted to virtue signal so they started this massive electrification of the Harbor program. They spent millions on electric vehicles to move cargo around the harbor and had a big giant ceremony where they invited all the press to pat themselves on the back (I went)…95% of those trucks are all sitting motionless, they don’t work, but they don’t want to admit it.🤦🏽‍♂️😂😂😂🦄🌈

lbbusinessjournal.com

Electric, zero-emission truck fleet coming to the Port of Long Beach

4 Gen Logistics is transitioning its entire fleet of 60 diesel drayage trucks to battery-electric by 2025, 10 years ahead of the state mandate.
lbbusinessjournal.com lbbusinessjournal.com
 
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What companies do when a moronic Government mandates short sighted and stupid policy on them…they cheat.. and we all lose…😂😂😂🤦🏽‍♂️🦄🌈

The electric car carnage has only just begun

Manufacturers now have to ensure that 22pc of the cars they shift off the forecourt are battery powered, rising steadily to 80pc by the end of this decade, and 100pc by 2035. If they don’t hit their quota, the senior executives will get ten years hard labour in Siberia (well, actually it is a fine of up to £15,000 per vehicle, but it nonetheless feels extremely draconian). Like Soviet planners in the 1950s, the architects of this legislation presumably assumed that all you had to do was set a target and everything would fall into place.

Yet the masterminds foisting this legislation on businesses don’t appear to have given much thought to what will happen if the quota isn’t met. Now Ford, one of the biggest auto giants in the world, and still a major manufacturer in Europe, has provided an answer. “We can’t push EVs into the market against demand,” said Martin Sander, the General Manager of Ford Model eEurope, at a conference this week. “We’re not going to pay penalties... The only alternative is to take our shipments of [engine] vehicles to the UK down and sell these vehicles somewhere else.”

In effect, Ford will limit its sales of cars in the UK. If you had your eye on a new model, forget it. You will have to put your name on a waiting list, just as East Germans had to wait years for a Trabant.

https://www.msn.com/en-us/news/tech...31&cvid=ca5981bf950c405b84d178019159b0d8&ei=5
 
The Chinese are so advanced in their EV tech it's crazy.

Probably a good thing they can't get into the US market because all the legacy OEMs would not be able to compete.

And I am on board with tariffs until the trade deficit is fixed. But alas, what does the US have that China wants.. other than our consumerism? :)
 
I think morekaos posted something similar about abandoned EVs.

Those are the cheap crappy ones like Yugos of the ICE world.

I'm talking about the newer high end ones like the Zeekr minivan that zovall posted.
 
The ONLY reason the Chinese are surviving is the government will supply them with endless subsidies, not because anyone wants them. Very Trumpian tariffs 👍🏽😂😂😂🦄🌈
 
irvinehomeowner said:
I think morekaos posted something similar about abandoned EVs.

Those are the cheap crappy ones like Yugos of the ICE world.

I'm talking about the newer high end ones like the Zeekr minivan that zovall posted.
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From the article:

"The situation at the ports comes as automakers in China such as BYD, XPeng, and state-owned SAIC increase their exports to Europe as part of an effort to keep their factories running and to capitalize on demand for low cost Chinese EVs in the region."

Zeekr is owned by Geely Auto, who owns Polestar - a vehicle manufacturer who is swirling the bowl here in the U.S.A. Not saying that the Zeekr Motors will suffer the same fate, but who knows at this point.

Once there are reliable, insurable, cost effective EV's that also can access a vast range of superchargers will we see more universal adoption. Breaking the 400 mile range barrier (true 400 mile, not "EPA estimated"), the $30k price barrier (unsubsidized by Federal/State giveaways) and the 10 minute recharge barrier will finally make converting to an EV a realistic choice. Until then, as the article says, it's like the "Sorcerers Apprentice" manufacturing approach that doesn't have a genuine market to sustain.
 
irvinehomeowner said:
The Chinese are so advanced in their EV tech it's crazy.

Probably a good thing they can't get into the US market because all the legacy OEMs would not be able to compete.

And I am on board with tariffs until the trade deficit is fixed. But alas, what does the US have that China wants.. other than our consumerism? :)
Click to expand...

Of course Biden’s “tariffs “ are political and fake…😡😡😡🦄🌈

Last December the three Chinese auto manufacturers, MG, BYD, and Chery, announced they were going to spend billions building new EV manufacturing plants in Mexico. Each Chinese auto manufacturer was going to spend between $1.5 to $2.0 billion.

Those Mexican built Chinese EV’s would pass into the USA market under current USMCA trade rules and regulations, as long as they technically meet the material origination rules. This can make tariffs against the Chinese imported EVs a moot point, because China will be making them in Mexico (North American trade agreement).

This tariff claim by the Biden administration on “import Chinese EV’s” is optics only for political benefit. Whereas the 100% tariffs proposed by Donald Trump specifically target Chinese EV’s made in Mexico.
China plans to pump out thousands of cheap, what I would consider semi-disposable, electric cars into the USA market. That’s why they have invested so heavily in Mexico. Keep in mind, Blackrock (a Biden benefactor investment firm) is enmeshed with this Chinese move.
theconservativetreehouse.com

Imagine That - Biden Set to Increase Chinese EV Tariffs to 100%, With Additional Section 301 Tariffs on Chinese Steel and Aluminum Imports - The Last Refuge

Perhaps it’s just because the election is only a few months away, or perhaps it’s because President Trump’s trade and economic policies toward China were always the right approach for the USA. Whatever the reasoning, the Biden administration is now proposing to use tariffs against China just...
theconservativetreehouse.com theconservativetreehouse.com
 
I know I know…IHO will point out it is a 700% increase in EV charge station construction by our government…but it really is not all that great …😂😂😂😂🤦🏽‍♂️🦄🌈

$7.5 Billion Bipartisan Investment Nets Only 7 EV Charging Stations​

  • The Bipartisan Infrastructure Law earmarked $7.5 billion for EV charging, with $5 billion allocated to states, but the slow rollout has resulted in just 7 charging stations.
  • Higher standards for new EV chargers, including 97% operational reliability, 150kW power, and proximity to highways, have contributed to the slow progress, along with permitting challenges and power demands.
  • Concerns have been raised by lawmakers and experts about mismanagement of taxpayer dollars and the lack of experience among state transportation agencies in deploying EV charging infrastructure.
oilprice.com

$7.5 Billion Bipartisan Investment Nets Only 7 EV Charging Stations | OilPrice.com

Despite a $7.5 billion investment allocated by the Bipartisan Infrastructure Law for EV charging infrastructure, only 7 charging stations have been established across four states in two years.
oilprice.com oilprice.com
 
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