As Forrest Gump once said, Stupid Is As Stupid Does. And nobody does stupid better than Trudeau. Windsor mayor calls NextStar Energy dispute 'embarrassment' for Canada | Windsor Star
As Forrest Gump once said, Stupid Is As Stupid Does. And nobody does stupid better than Trudeau. Windsor mayor calls NextStar Energy dispute 'embarrassment' for Canada | Windsor Star
The problem is the U.S. has an unlimited budget and the ability to print money on a scale that very few other countries can match.
We have set standards in incentive packages and timelines for implementation and it is really pissing other countries off because they cannot come up with the funding.
The cost of moving to fast is costing trillions,the current battery technology does not make it feasible to be shipping batteries across the country,so manufacturers also have to have a battery factory close to the auto manufacturing and assembly plants.
In another 10-15 years when auto manufacturers are ramped up to be producing EVs on a larger scale,all the trillions spent today is going to be wasted because the technology will be different .
It’s putting the cart before the horse,they know the battery is the weak spot with EVs but let’s spend trillions building EVs and we can figure out how to power them later.
The reality is any EV built today will be worthless 10 years from now because it will be obsolete and charging stations etc will be designed to charge battery technology of that time.
They already know how to build cars,they have been doing it for a couple of decades,it’s the batteries that should be the focus.
The storage aspect because it not only effects vehicles but solar and every thing else.
But you can go back 30 years and see all of this playing out exactly like solar did,not that it matters because China already has EVs that nobody else in the world can compete with price wise.
This case is weaponizing funding for political gain,which is actually quite common in the U.S.,we just use bigger numbers based on economy of scale.
These companies also have to realize that these smaller countries cannot match funding levels based on U.S. standards,which is why all of the foreign companies are flocking to the states because we have deep pockets.
The bottom line is if a manufacturer wants to exist,at this stage in the game they have to build battery plants close to the source of production,the spending of billions of dollars in order to incentivize something that the companies need to exist anyways is border line insanity.
Quote:
Originally Posted by Richard
Not gonna happen. EV's will probably peak at 30% of the market, and then slide back to 10%.
Making large amounts of EV's is not sustainable, and only the rich have the infrastructure to charge them [[I.E. a garage spot for every car, and a $1,300 240V charging station in every garage space).
We wonn't be able to make the batteries, even 25 years from now, and EV's are terrible for the environment. We also can't generate enough electricity, especially in the huge gulps EV's take.
For that reason, smart automakers will be ditching EV's. Toyota already has, except for their Lexus brand.
They released a memo to stockholders and such just last month on this.
Attachment 42632
If Rocket had been around at the beginning of the last century, we’d have seen a prediction of how the horseless carriage would peak in sales and then decline. After all, only the well off could afford it.
Toyota is bang on that plug-in hybrids are the best and quickest way to reduce emissions. Full electric makes sense for the urban residents and certain commuters or possibly for 2nd vehicles. They also make sense as vans and pick-ups for tradesman, deliveries, etc. Of course, regardless of the technology if people actually cared about climate change they wouldn't use a full-size pickup or suv if they didn't require one.
If you still question climate change, take a look at the CBC reporting this week on the wildfires in Alberta. The firestorms are far larger and more intense each year simply because of the amount of Carbon dioxide in the
atmosphere.
The CBC is 70% funded by the Canadian government. In other words, they only tell you what Trudeau wants you to hear.
Agreed! Not sustainable. Will peak. Not Earth Friendly! Further, our colder climates reduce capacity - especially upper Canada.
All the while California is calling for people to turn off the AC's - already! There aren't enough charging stations. Yet all electric is a go?
https://youtu.be/-i0lg_0HF6UQuote:
Originally Posted by Rocket
That's right. That's the way they push their narratives.
Quote:
Originally Posted by Margaret's boy
Hah! Well some things have ended over the ensuing years: blood letting as a default medical treatment, frontal lobotomies for depression, steam engines used to power cars, a few others come to mind... one or two....
Quote:
Originally Posted by DetroiterOnTheWestCoast
As they were when Harper and Mulroney were in power. What a silly statement.Quote:
Originally Posted by Margaret's boy
CO2 isn't even a problem. If it was, we CERTAINLY wouldn't want EV's. They leave the factory with a carbon foot-print 2x the size of an equivalent ICE car. Takes them 150,000 - 180,000 miles just to break even.
Also, CO2's small rise has been a major benefit to the climate.
Let's not forget that plants need CO2. And it's not like it's 30% of the atmosphere or anything. It's just 0.0004, [I.E. 4 hundreth's of one percent].
Plants can't survive below 0.0002, so if we did somehow manage to kill off huge swaths of the world's human and animal populations, and go solar or whatever to reduce CO2 by 50%, it would mean the end of life on Earth.
Meanwhile, the small increase in CO2 we've seen in the last 50 years has been a huge benefit. In just a 20 year span the Earth became 11% greener, with the biggest gains being in semi-arid areas where previously plants did not grow. It turns out that when plants can get more CO2, they don't have to keep their pores open as long, and so they don't evaporate as much water, and they can grow in more arid areas. Everywhere else things just grow faster. The CO2 increase is believed to be responsible for a 15% increase in crop productivity.
Remember those environmentalists complaining about loosing the rain forests and how we wouldn't have enough oxygen? Well, we have 11% more now than we had then. Bravo CO2 makers. If you drive a big ICE car and heat your home with nat gas,.. reward yourself tonight with a big steak.
So strip-mining the Earth, crashing the electric grid, becoming dependent on China, and enslaving millions of brown people in the Congo for it's Cobalt, in order to go all EV = BAD.
And greening the Earth and perhaps making 1/2 of our ICE cars hybrids [Perhaps 80% in California] = GOOD.
I sure hope Detroit can avoid getting any battery plants. We need manufacturing, but it shouldn't all be tied to cars, and it should be something a lot of Detroiter's are likely to be able to get hired for.
I always get a good laugh out of armchair market analysts. Willing to bet that the folks on the boards at GM and Ford have taken plenty of heat about being lapped 12 times in market cap by a start up EV maker. Only a fool would look at this and say there is little future. Obviously, Wall Street does not agree.
https://companiesmarketcap.com/autom...by-market-cap/
That does not meen anything,wall street goes where the money is,they leave just as fast,dot com,tech stocks,real estate,solar and now EVs,as long as the government incentives flow its viable,as soon as the incentives fade,so does the interest.
Just showing a chart does not mean anything,those companies as a majority are into a lot of different things Miranda makes tractors,to say they are in competition with GM in building EVs does not even make sense.
Wall street is betting on technology and the value of it but like in the case of Rivian,they cannot produce cars.
The news about the $41,000 repair bill for the rear ended Rivian is not sitting well,the insurance companies are going to have fun with that.
Toyota is the only one that makes sense with concentrating on hybrid.
Even the U.S. cannot print enough money in order to flip the switch from fossil fuel to EVs in 10 years,they still need fossil fuel to build them.
We still have to figure out where the millions of those employed in the fossil fuel world are going to work,even down to the guy at the local parts counter.
Elon Musk corrected this statistic. He issued a correction. 69%.Quote:
Originally Posted by Margaret's boy
But seriously folks, the car companies will be fine. Note that the avg cost of EV is $10,000 more than non. And how much is our subsidy? If we want car companies to make more than $10,000 premium on each car, all we have to do is increase the subsidy. And the Biden implementation of MMT has made that easy. All you have to do is print the money. And 'voila', you have secured the support of labor.
So less seriously, or maybe more.... we gone from 'never let a crisis go to waster' to ..... 'let's create a crisis'. Trudeau to the rescue.
- Chinese scientists say they're 3D printing a 590-foot-tall dam by 2024 using AI and robots.
- The project will use an AI system with unmanned trucks, bulldozers, rollers, and other equipment.
- The researchers say their method eliminates human error and safety concerns for workers.
- If successful, the building method could provide a blueprint for other construction projects, such as road construction, Liu's team said, as reported by SCMP.
https://www.businessinsider.com/chin...n-labor-2022-5
That could be the answer to Detroits road problems,AI powered road crews working 24/7 3D printing new roads.
It goes back to the battery plants and any other for that matter,with the way it is going how many people they employ is going to be irrelevant because there will be no employees.
Even worse is the way the military is ramping up full AI assisted weapons,China is already using it to patrol the northern indigenous region using facial recognition in order to keep them in the camps.
Well that is Socialist Canada. And I like it.
Yea i read an article the other day where they busted a bad guy,he went to the supermarket,the license plate readers flagged him.
Cannot even buy a gallon of milk without being monitored by facial recognition and plate readers.
Military has AÍ assisted mini drones,they have a 9MM round,input your picture into them,drop it over a city and it hunts you down.
Do not really need the police anymore,loitering drones,when they see action they swoop in with tasers.
Thats the whole thing with these battery factories and the billions in incentives being pumped out,the technology changes so fast a couple of years from now they will be obsolete,so before your kids even start paying for that one it will be time for another round,20 years from now every baby will be born with $100k in debt.
The problem is going to be is because the youngsters are not having babies and the boomers will be gone,the population will experience what the cities did,less paying in results in increased costs on those that do,add to that millions that will be displaced and jobless.
They are talking about AÍ assisted miners in order to gather the raw materials for technology and EVs ,that right there puts thousands of children out of work and they will be sitting around doing nothing instead of working their usual 16 hour day.
Next they will be joining little kid gangs and terrorizing everybody else.
Currently the largest exporters of EVs to the world ,is China,nobody can compete with them.
There is a whole pile of countries out their that can barely afford to feed their population but the demand is that they comply,so to help them there is a slush fund being created to give them the money in order to help them.
So in this case,Canada not only has to come up with billions for these 2 battery factories,they also have to put into the kitty for the countries that cannot afford to offer the incentives.
So they are actually funding 4 battery factories instead of 2,just 2 of them are Christmas gifts to other countries.
Sooner or later they are going to have to add some kind of rational thinking into this whole process.
Latest news on Stellantis battery plant: the province of Ontario will step forward and increase its share of funding for battery plant. Rumor has it that the Trudeau government wants out of this deal so theu can use the money they promised Stellantis to fund an electric battery plant in Quebec. Too bad they didnt inform Ontario that they were lost interest. Would not be surprised if Ontario ends up paying all the cost while Ottawa washes their hands of the deal.
[QUOTE=Rocket;634112]
For that reason, smart automakers will be ditching EV's. Toyota already has, except for their Lexus brand.
This doesn’t look like “ditching.”
https://www.toyota.com/bz4x/2023/