Still want an EV? (NO POLITICS)

[RM7]

https://www.reuters.com/markets/comm...ve-2023-12-08/

[Condorll]

Originally Posted by dfox

You just got blinders on and ignore the damage that oil has done and continues to do?

I love my ICE vehicles, and my EV, and I'm not going to pretend that either are saving the world, they're both bad in their own way. The big picture reality is that personal transportation is unsustainable for the human race. Unfortunately in the US our society is completely dependent upon it.

When the hypocrits dump their private jets, mega yachts, multiple mansions, convoys of limo's and practice what they preach I might consider a hybrid.

[Efthreeoh]

Originally Posted by M5Rick

Doesn't look bad at all to me.

I've not looked to it, but where does all that gas tax money go?

[gblansten]

Originally Posted by Condorll

When the hypocrits dump their private jets, mega yachts, multiple mansions, convoys of limo's and practice what they preach I might consider a hybrid.

You should only consider a hybrid if it works for you. Don’t consider one based on the predilections of the ultra wealthy. Why would you ever do that?

[///M Power-Belgium]

Originally Posted by M5Rick

Doesn't look bad at all to me.

[M5Rick]

Originally Posted by ///M Power-Belgium

Probably all the unsold T's that no one wants were used in the film what a waste. But seriously could some foreign power make this happen ?

[gblansten]

Originally Posted by M5Rick

Probably all the unsold T's that no one wants were used in the film what a waste. But seriously could some foreign power make this happen ?

Tesla closely links manufacturing with demand since they don’t have a dealer system and you order online.

[M5Rick]

Originally Posted by Efthreeoh

I've not looked to it, but where does all that gas tax money go?

I've tried looking it up over here and its a mystery, it all goes to the central exchequer and gubment then decides what to do with it.

[///M Power-Belgium]

Originally Posted by M5Rick

Probably all the unsold T's that no one wants were used in the film what a waste. But seriously could some foreign power make this happen ?

Elon Musk responds to the Tesla's crash scene => https://comicbook.com/movies/news/le...e-tesla-crash/

But the movie kept me in my chair ..

[M5Rick]

Originally Posted by ///M Power-Belgium

Elon Musk responds to the Tesla's crash scene => https://comicbook.com/movies/news/le...e-tesla-crash/

But the movie kept me in my seat ..

Musk doesn't exactly give a specific answer probably avoiding the big question if it could really happen.

[gblansten]

Originally Posted by M5Rick

Musk doesn't exactly give a specific answer probably avoiding the big question if it could really happen.

We recently had several Teslas with no one in them run over children leaving school. Total carnage. Then the cars caught on fire and that was all anyone would focus on. And I said,”can someone think of the children?” But they wouldn’t.

[///M Power-Belgium]

Originally Posted by M5Rick

Musk doesn't exactly give a specific answer probably avoiding the big question if it could really happen.

You should watch the movie my friend, in the end it becomes very clear what was going on ...

But one thing I can tell you , It was extremely bad news for mankind !

[M5Rick]

Originally Posted by ///M Power-Belgium

You should watch the movie my friend, in the end it becomes very clear what was going on ...

But one thing I can tell you , I was extremely bad news for mankind !

It usually is

[M5Rick]

Originally Posted by gblansten

We recently had several Teslas with no one in them run over children leaving school. Total carnage. Then the cars caught on fire and that was all anyone would focus on. And I said,”can someone think of the children?” But they wouldn’t.

I mentioned this earlier a couple times in the thread about children not hearing ev's who play ball games or lark about around roads, with no one replying.

[gblansten]

Originally Posted by M5Rick

I mentioned this earlier a couple times in the thread about children not hearing ev's who play ball games or lark about around roads with no one replying.

I know. I responded that was a feature not a bug. It’s a matter of perspective. post#5060. This thread moves crazy fast.

[M5Rick]

Originally Posted by ///M Power-Belgium

You should watch the movie my friend, in the end it becomes very clear what was going on ...

But one thing I can tell you , It was extremely bad news for mankind !

If I can watch, it won't be today my friend,,Sunday is my stress free relax day

[Car-Addicted]

Under news from Captain Obvious
Why experts say falling EV prices could actually hinder widespread adoption
Fri, Dec 8 2023
Prices of used electric vehicles are down roughly 30% year over year, according to market research studies using data from September and October.
The cheaper prices might bode well for buyers, but they raise concerns that low resale values could hurt EV adoption among mainstream consumers. The falling prices also add fuel to a debate over whether EV demand is faltering.
But a car’s residual or resale value is a big factor in determining the total cost of owning it. Edmunds, which provides a range of automotive data services, said in its Q3 2023 Used Vehicle Report.
https://www.cnbc.com/2023/12/08/fall...perts-say.html

[Car-Addicted]

New US rules on Chinese batteries could push up price of electric cars
Hong Kong CNN —
The US government has announced new regulations that aim to keep Chinese batteries out of cars sold in the United States, a move that could push up the price of electric vehicles for American drivers.
That’s because new guidelines from the US Treasury, Internal Revenue Service and Department of Energy prohibit the use of parts made or assembled by what they call “foreign entities of concern” (FEOC). The term refers to companies based in China, Russia, North Korea or Iran, or with at least 25% voting interest, board membership or ownership by a government of one of those countries.
Starting next month, following a 30-day period for public comment, vehicles with these components will no longer be eligible for a full $7,500 US tax credit, which allows consumers to save money when buying a new electric car.
Currently, of more than 103 EV models for sale in America, only about 20 vehicles qualify for some or all of the tax credit, according to Bozzella.

"Beijing has slammed the probe as a “blatantly protectionist act.” Pot meet kettle

[KRS_SN]

Originally Posted by gblansten

Tesla closely links manufacturing with demand since they don’t have a dealer system and you order online.

Nah.. he(they) cuts prices to stimulate demand and get metal moving.

[KRS_SN]

Originally Posted by Car-Addicted

Under news from Captain Obvious
Why experts say falling EV prices could actually hinder widespread adoption
Fri, Dec 8 2023
Prices of used electric vehicles are down roughly 30% year over year, according to market research studies using data from September and October.
The cheaper prices might bode well for buyers, but they raise concerns that low resale values could hurt EV adoption among mainstream consumers. The falling prices also add fuel to a debate over whether EV demand is faltering.
But a car’s residual or resale value is a big factor in determining the total cost of owning it. Edmunds, which provides a range of automotive data services, said in its Q3 2023 Used Vehicle Report.
https://www.cnbc.com/2023/12/08/fall...perts-say.html

When you're buying an ev you're technically sitting on a lot of li ion and commiting to improving the climate and getting a subsidy and cheap motoring .
Payback is that you got to own the car for a while as that's environment friendly too and also as resale values will be terrible.
Overall its fair.

[gblansten]

Originally Posted by KRS_SN

Nah.. he(they) cuts prices to stimulate demand and get metal moving.

They don’t tend to have a deep inventory sitting around.

[Car-Addicted]

Originally Posted by KRS_SN

Nah.. he(they) cuts prices to stimulate demand and get metal moving.

I take Sundays to catch up on Financial news. I think the EV industry is going to have an especially bad time in 2024. Between the US finally growing a pair in regards to China (or Union protectionism ) and a tightening money situation on credit it is less than optimal. I think European auto companies are going to take the blunt of this due to loss of "Free Government Cheese"
Auto loan rejections are at an all-time high
Rejection rates for auto loan applications reached a record high in 2023, according to the Federal Reserve Bank of New York’s Consumer Expectations Credit Access Survey, jumping from 5.2% in 2022 to 11%.
Prices for new and used cars are still elevated and higher interest rates mean car payments have increased, too. The average monthly payment for a new car, according to Experian, was $726 in the third quarter of 2023, up from $701 in 2022 and $617 in 2021.