Independent thinking for complex markets and current events
via naturalnews: The automotive industry is losing money hand over fist as it attempts to comply with the Biden regime’s “green” energy initiatives, which includes eventually replacing all gas-powered cars with electric vehicles (EVs). General Motors (GM) is reportedly struggling with costs as it feverishly works to unleash more EVs while still maintaining some kind of …
The power supply from Nigeria to Niger on the 80mw Birkin-Kebbi transmission line is down to zero, Niger state utility document says – Reuters https://t.co/dcqDoZaJY7 — Faytuks News (@Faytuks) August 2, 2023 Globalists must be really pissed off that they could lose all of these resources like Uranium ! Residents of Niger speak about situation …
A new report is warning that Joe Biden’s demand that huge numbers of Americans be forced to buy electric vehicles, instead of gas-powered cars, will benefit al-Qaida. It’s because al-Qaida, through the Taliban, controls huge lithium resources in Afghanistan. Al-Qaida is best known in America for its organization of the 9/11 terror attacks and the …
via justthenews: The Great Lakes states, let alone the nation, don’t have the infrastructure necessary for the transition to electric vehicles, a car search and research company reported. BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group and Stellantis NV announced Wednesday they’re collaborating to install 30,000 high-powered charge points in urban and highway …
Ford Motor Company announced it is projected to lose a whopping $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion. The company released its second-quarter financial results on Thursday. The U.S.-based automaker’s EV division, called “Ford Model e,” has lost $1.8 billion so far this year, according …
The race is on to prevent the sinking of a cargo ship off the Dutch coast which is carrying almost 3,000 vehicles, including 350 Mercedes-Benz, as it burns out of control with an electric car believed to be behind the deadly fire. At least one crew member died and others were injured after fire ripped …
by confoundedinterest17 Yes, one of the cornerstones of Bidenomics is the massive expansion of (impractical) electric vehicles (or EVs). You know, those mondo expensive cars that run out of power after a couple of hundred miles requiring a lengthy recharge (kind of makes long distance trips the domain of Internal Combustion Engine (ICE) cars. But …
via YAHOO: Joe Biden’s race to embrace electric vehicles risks overwhelming US charging infrastructure and creating disastrous supply shortages, two of the world’s biggest carmakers have said. Toyota and Vauxhall owner Stellantis accused the President of being “overly optimistic” in his push for a rule that would require two thirds of new vehicle sales to …
Some electric car owners have seen the value of their vehicles plummet in value by thousands of pounds already this year as demand for second-hand battery models continues to crash. Exclusive figures shared with This is Money show that all 20 second-hand cars that have deflated most significantly in price since the start of the …
via naturalnews: Electric vehicle manufacturer Lordstown Motors filed for bankruptcy protections on Tuesday, June 27, after announcing that it would put itself up for sale. It filed for Chapter 11 bankruptcy protections in a bankruptcy court in Delaware. Lordstown stated that it will be looking for potential buyers to take over its assets, including the manufacturing of the …
The left likes to treat skeptics of electrical cars as if they were Luddites. Truth is, making an existing product less efficient but more expensive doesn’t really meet the definition of innovation. Even the purported amenities and technological advances EV-makers like to brag about in their ads have been a regular feature of gas-powered vehicles …
via naturalnews: Illinois is set to become the first state in the nation to mandate the installation of electric vehicle (EV) charging stations in the garages of newly constructed or renovated homes. This is after the passage of Senate Bill 40, known as the “Electric Vehicle Charging Act,” which was introduced by Democratic State Sen. Sara Feigenholtz supposedly …
Hundreds of Thousands of EVs just being left to rot in fields… AC
via thecooldown: The law, which will take effect on Sept. 1, will also require new electric vehicle (EV) owners to pay a one-time fee of $400 to register their cars in addition to the $200 yearly toll. The aim of the new law is to recuperate some of the tax money the state has lost …
Someone who can grasp maths, at last. h/t News_hungry
DO TELL: You May Not Need an Electric Vehicle After All. Toyota just released a study showing that we don’t need EVs to dramatically lower carbon emissions. According to the study, all that is really needed is a fuel economy (eco) mode component in cars. By covering 400,000 miles in eco mode, Toyota was able to …
via cowboystatedaily “Despite billions of federal dollars going into renewable energy, construction of wind and solar farms, as well as the needed transmission to support them, is moving at a glacial pace compared to the speed by which the Biden administration is taking coal plants offline. . . . NERC’s latest summer reliability assessment wasn’t …