Independent thinking for complex markets and current events
via outkick: The demand from the Biden administration and Gavin Newsom to make every car an EV in the near future suffered another devastating blow on Tuesday. In October, Ford announced it was pulling the plug on a massive, $12 billion investment in electric car design and production. That came after the company announced massive …
Electric vehicle subsidies are ending in Germany abruptly, the government announced Saturday, a blow for Tesla (TSLA), Volkswagen (VWAGY), BMW (BMWYY), Stellantis (STLA) and more. But Tesla stock was little changed Monday, off morning highs. German’s coalition government, facing a budget crisis, ended the “environmental bonus” program as of Sunday, not Dec. 31 as planned. …
– The nation’s largest energy parts supplier has announced that there will be a 20 WEEK Delay on Deliveries and parts. This will no doubt effect many companies and people who rely on Schneider Electric for many different reasons. They also mention a lack of domestic and global materials. This is something that could grow …
The Biden administration made two virtue-signaling proclamations at last week’s COP28 conference in Dubai that it says will help save the planet from climate change. The policies aren’t likely to change the planet’s temperature by even one-tenth of a degree, but they might just destroy the 21st-century American industrial economy as we know it. First, …
Cheat President Joe Biden took a virtual tour of a Proterra facility…. “The fact is, you’re making me look good,” -Joe Biden, April 2021 In his Infrastructure plan, Scumbag Joe handed Proterra $6,500,000,000 of your taxpayer money in grants. Proterra is a bus maker. AN ELECTRIC BUS MAKER. to help replace diesel-powered school and transit buses with …
EVs are less reliable than conventional vehicles, Consumer Reports says Electric vehicles have nearly 80% more problems and are generally less reliable than cars propelled by conventional internal combustion engines, according to a new report from Consumer Reports. Consumer… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 30, 2023 via MSN: Electric vehicles have nearly 80% more …
via dailysignal: A coalition of nearly 4,000 auto dealers on Tuesday sent a letter to President Joe Biden explaining why his plans to force Americans into electric vehicles are unworkable. The bottom line: Despite subsidies to car manufacturers to make the EVs, and tax credits for drivers to buy the cars, only 7% of new vehicle sales …
A citizen journalist sheds light on what seems to be a significant conflict of interest as Joe Biden actively promotes electric vehicles. The revelation exposes a partnership between the Bank of China and Hunter Biden, orchestrated through BHR Partners, an equity investment fund management company based in Shanghai. Hunter Biden’s involvement facilitated the purchase of …
Minnesota city to buy $1.8M electric vehicle fire truck St. Paul, Minn., plans to buy a $1.8 million electric vehicle fire truck ready by 2025, Mayor Melvin Carter and Fire Chief Butch Inks said. ..uh oh…mayor Melvin. “We’re excited to be the first in the state to invest in this state-of-the-art fire truck,” Carter said in a …
by confoundedinterest17 Biden’s terrible economic policies and horrid fiscal managment has put stress on The Federal Reserve. The Federal Reserve paid an estimated $76 billion to the Treasury in 2022 while banks’ willingness to lend has plummeted. First, let’s look at Biden’s and The Fed’s Brawndo. One of the key ways central banks absorb liquidity back out of …
Google’s ambitious dive into the world of electric transportation faced an unexpected roadblock… or rather, a hill. According to World Peace Exclusive, the tech’s lauded “100% Electric Bus” took on San Francisco’s iconic hilly terrain, only to lose power midway up, roll backward, and turn into a four-wheeled pinball, colliding with reportedly a total of …
by confoundedinterest17 Biden is the God of Hellfire! Forcing Americans to support China. The actual cost of charging an electric vehicle is $17 per gallon, and automakers are losing $36,000 per EV they sell. Its enriches China and makes the US dependent on Chinese batteries and minerals controlled by China. Ford EV sales are almost nonexistant. …
NEW – True costs of fueling an electric vehicle, including excess charging costs and subsidies, is equal to $17.33 per gallon of gasoline, a new analysis found. https://t.co/SSSkctoMeO pic.twitter.com/B8fBGypSid — Disclose.tv (@disclosetv) October 26, 2023 EVs are a financial car wreck: Taxpayers subsidize EV charging at a rate equivalent to $17.33 per gallon of gasoline. …
ROME (AP) — At least 21 people were killed and 18 injured in a fiery bus crash in a borough of Venice, Italy, across the lagoon from its historic center, where firefighters and other emergency responders worked into the night trying to extract bodies and squelch the flames. The bus was carrying foreign tourists, including …
#wagnertonight#MaddowScience break.Entomologists in Thailand have been stunned by an electrifying new species of tarantula found in the southern part of the country. The blue coloration in animals is a relatively rare phenomenon that evolved independently at least eight times. pic.twitter.com/Msaqv7mnq9 — Firecaptain and Jack (@Firecaptain16) September 22, 2023 “In 2022, the bamboo culm tarantula was …
via chron: Plano resident Tony Federico bought his Tesla five years ago in part because he hated spending lots of money on gas. But that financial calculus will change slightly on Sept. 1, when Texas will start charging electric vehicle drivers an additional fee of $200 each year. “It just seems like it’s arbitrary, with …
by Qplus17 Britain is working on a new law where people can get 1 year in prison if they don't meet Net Zero goals and reduce their energy consumption. Remember when I warned that climate lockdowns would be coming? — PeterSweden (@PeterSweden7) September 12, 2023
Plano resident Tony Federico bought his Tesla five years ago in part because he hated spending lots of money on gas. But that financial calculus will change slightly on Sept. 1, when Texas will start charging electric vehicle drivers an additional fee of $200 each year. “It just seems like it’s arbitrary, with no real …
Floridians battered by Hurricane Idalia this week may not have expected another threat — that floodwaters could cause their cars to suddenly burst into flames. Yet that’s exactly what happened when two electric vehicles caught fire after being submerged in saltwater churned up by the storm. Firefighters in Palm Harbor, Florida, cited the incidents, both …
Electric vehicles (EVs) are often deemed the future of transport, with titans like Ford and Tesla racing to make them. But a new study reveals that ‘more macho’ men may not see this the same way, in the bizarre belief that EVs will harm their image. Dr Michael Parent, a researcher at the University of …
Hawaiian Electric Company, Inc. (“Hawaiian Electric”), a subsidiary of Hawaiian Electric Industries, Inc. (NYSE: HE) (“HEI”), today issued the following update in response to the lawsuit filed on Thursday by the County of Maui. “Our hearts and hands are with the people of Lahaina and Maui,” said Shelee Kimura, president and CEO of Hawaiian Electric. …
Hawaiian Electric focused obsessively on renewable energy while only spending $245,000 on wildfire safety Hawaiian Electric knew about the threat of wildfires but waited for years to act They focused energy on renewables – only investing $245,000 on wildfire safety The company said it would investigate any role its infrastructure may have played in the …
via naturalnews: The notion of an electric vehicle (EV) has been around longer than the gasoline automobile, but is yet to be adopted with wide acceptance. It has been an area of debate in the auto industry for as long as anyone can remember, says Travis Okulski, an editor at Road & Track. On paper, …
Nikola, the leading electric semi-truck manufacturer, has announced a massive recall of its battery-powered commercial trucks due to concerns over a defective battery component that can cause fire. The recall is the result of an investigation into a fire at Nikola’s own facility. Ominously, the company advises truck owners to park their vehicles outside. The Wall …
Hawaiian Electric Industries Inc. plunged by a record on concern that its power lines may be linked to the deadly Maui wildfires. Shares fell 39% Monday morning to $19.90 as of 11:15 a.m. New York time. Hawaiian Electric, which operates the utility that serves Maui, has come under criticism for not turning off power despite …
Motor Trend ran a story, “What Happens When a Rivian EV Runs Out of Battery Charge?” Well, anyone with a laptop or cellphone knows what happens. You are SOL for a long time, buddy. But the story inadvertently pointed out another problem with electric cars is the lack of infrastructure to care for them. But just add …
It’s a tale as old as time… well at least for the past fifteen years or so when we look at the EV industry. EV battery and vehicle platform specialist Proterra is the latest company to join an infamous list of electrified tech companies who have filed for Chapter 11 bankruptcy. What does this mean …
