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Have EVs Reached A Short-Term Peak?

crimsonaudio said:
Maybe not TEOTWAWKI but in the event of a natural disaster that necessitates widespread evacuation, I'm wanting an ICE vehicle. And if it's due to an EMP, I've got an 50+ year old ICE that will run on basically anything petrol and (of course) no computers.
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Started looking for one a little over 20 years ago - didn’t want a “project” car.
Couldn’t find anything under 10 grand, and the ones that were close I would have never bought when they were new. Only ones I would have bought were mid-upper teens or in the 20s. Outta my range back then.
Simon Cowell owns the model I’ve always wanted (had one back in the early 80s but it had crappy Landau trim).
 
www.foxbusiness.com

North Carolina city spent millions on electric buses that don't run

The city of Asheville, North Carolina, shelled out millions of dollars for electric buses in 2018. Today, three out of the five are inoperable with no quick fixes in sight.
www.foxbusiness.com www.foxbusiness.com

The city of Asheville, North Carolina, shelled out millions of dollars in 2018 to add five electric buses to its fleet. Now, three of the five sit idle, and city employees are telling the cautionary tale.

Asheville's interim transportation director, Jessica Morriss, told local station WLOS-TV that the three out-of-commission buses are down due to a combination of software issues and mechanical problems, and one has had a broken door since July that can't be replaced.
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In the meantime, Asheville is staring down losses from a major investment. Morriss told WLOS that each bus cost at least $616,000, and the city had to spend another $200,000 for the installation of each charger, another $118,000 every year to lease batteries for the buses, and nearly $45,500 annually in electric costs to charge them.

She also noted that maintenance costs for the electric buses have topped $250,000. At the same time, having most of the electric buses out of operation has increased wear and tear on the rest of the 32 buses in the fleet, which either run on biodiesel or are hybrid models.
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Lord hammercy, this didn't go as planned.
 
CrimsonJazz said:
www.foxbusiness.com

North Carolina city spent millions on electric buses that don't run

The city of Asheville, North Carolina, shelled out millions of dollars for electric buses in 2018. Today, three out of the five are inoperable with no quick fixes in sight.
www.foxbusiness.com www.foxbusiness.com





Lord hammercy, this didn't go as planned.
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Theory, meet Real World. This is a political statement wasting a bunch of money in the name of virtue-signalling.

We'll eventually get to all-electric personal transport, ironically running off of electricity generated by nuclear power.

Between limited range, that range being highly susceptible to both high and low temperatures, high initial cost of the car, unreliable refueling infrastructure, and either (1) long refueling time -- assuming you can find one that works at all -- or (2) the cost of installing a charging station in your garage, we're not there yet, and won't be in my lifetime.

Even if you did spend a couple or three grand installing a charging station in your garage, that both presupposes you have a garage in the first place, and has no bearing on a trip to the beach, let alone a road trip.

You gotta drive a long way, at an almost free cost, to justify all that.

Hybrids are the most workable current technology. EVs will get better. They simply aren't there yet.
 
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NationalTitles18 said:
Apparently, picking out one city who bought from the wrong manufacturer to insinuate that they represent the typical experience with electric buses while ignoring other cities that have had very different experiences is not virtue signaling (even though it is).
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well, dear leader doesn't like e.v.s and rails on them a lot, so it's understandable on some level
 
JDCrimson said:
I think we will look back on EVs as a big boon doggle. I think the automakers just played the government to grab a bunch of EV subsidy money...
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The joke may be on the dealers. Apparently they can’t give away the electric f-150.
 
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NationalTitles18 said:
Well, technically, they aren't giving them away, are they? pwn!
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www.autoblog.com

EV inventory problem: Ford Mustang Mach-E piling up on dealer lots or in transit - Autoblog

The company's sales numbers, amount of EV supply, and dealer sentiment all indicate Ford is sitting on more electric vehicles than it can sell.
www.autoblog.com www.autoblog.com

They broke that sales record then cut production by 50%. Market cap is apparently about 10% and it’s stuck. I like EV’s and want one, but price point is too high for many and then infrastructure isn’t there yet to make people comfortable to adopt on a wider scale.
 
AWRTR said:

www.autoblog.com

EV inventory problem: Ford Mustang Mach-E piling up on dealer lots or in transit - Autoblog

The company's sales numbers, amount of EV supply, and dealer sentiment all indicate Ford is sitting on more electric vehicles than it can sell.
www.autoblog.com www.autoblog.com

They broke that sales record then cut production by 50%. Market cap is apparently about 10% and it’s stuck. I like EV’s and want one, but price point is too high for many and then infrastructure isn’t there yet to make people comfortable to adopt on a wider scale.
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Ford cuts F-150 Lightning production as EV demand softens | Reuters

In December, Ford will produce about 1,600 Lightnings, down from the 3,200 originally forecast.

The article leads with reduced demand, but the real reason is down the article. Here's the quote, emphasis added by me:

"Ford lost an estimated $36,000 on each of the 36,000 EVs it delivered to dealers in the third quarter, the company said in October, after announcing earlier it would slow the ramp-up of money-losing EVs, shifting investment to Ford's commercial vehicle unit and citing plans to quadruple sales of gas-electric hybrids over the next five years."

Even at the significantly higher price point of Lightnings vs. ICE 150s, it still loses $36K per unit. So it's moving toward hybrids.
 
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Ford told suppliers in December that it planned to produce about 1,600 F-150 Lightning EV trucks per week starting in January, roughly half of the 3,200 it previously had planned.

for context, this will be roughly 83 k vehicles vs a projection of 166k vehicles per year.

last year they sold roughly 20k through december.
 
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crimsonaudio said:
FWIW, I've not heard anything wrt a reduction in size or scale of Ford's Blue Oval City being built just up the road from us. Last update I saw (as of a couple of months ago) said construction is on track.

FORD TO LEAD AMERICA’S SHIFT TO ELECTRIC VEHICLES WITH NEW MEGA CAMPUS IN TENNESSEE AND TWIN BATTERY PLANTS IN KENTUCKY; $11.4B INVESTMENT TO CREATE 11,000 JOBS AND POWER NEW LINEUP OF ADVANCED EVS
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Ford is funding the research on my link above.
 
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Finished assembling my new e-bike today. I really like it so far. Super windy today so didn't go too far.

Still have to add a mirror, move the tail light back, program the brain, and it came with passenger foot pegs but I won't put them on yet - or maybe at all.

I love the large easy to ready display. Very smooth riding and seems more stable due to the fat tires.....

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