[theluckycountry]

$this->bbcode_second_pass_quote('mousepad', '')$this->bbcode_second_pass_quote('theluckycountry', '
') EV will not vanish entirely. It has it's niches, inner-city commuting ,

[theluckycountry]

Electric Commercial Vehicles and stock splits.

We should all know what a stock split is by now, Tesla, Google, many have done it, it's a marketing ploy to reduce a stocks price during a collapse so that the chart doesn't look as bad. It's as simple as that folks. Well in the collapsing EV market companies are having to do something a little different, reverse-stock splits.

In a conventional split share holders are given 10:1 or 20:1 extra shares and the stock price is lowered. But in the reverse 100 shares could be reduced to one! And the share price elevated 100x. Why is this going on? Because once a stock on the NASDAQ falls below a dollar it must be removed, albeit after a delay time. The number of companies in the EV space doing this is really phenomenal.

Canoo.inc, Maker of the various Canoo trucks, though there is no evidence that a single commercial order has been filled, are expected to do a reverse split soon. They started at $10, went to a top of $20, and are now at 11-cents a share. So a $50,000 stake in it bought early is now worth a tad over $500. https://ca.finance.yahoo.com/quote/GOEV?.tsrc=fin-srch

They have a Hard contract to deliver six trucks to the USPS, if they ever can, because there is no evidence a single vehicle has left the plant in Oklahoma other than display units. One big smoke and mirrors show. They are still hard at it too, from their website:

Canoo Successfully Expands Zeeba’s Fleet with Electric Vehicles

$this->bbcode_second_pass_quote('', 'C')anoo Successfully Expands Zeeba’s Fleet with Electric Vehicles
Justin, TX – (January 31, 2024) – Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has added electric vehicles to the fleet of Zeeba, a national fleet management company.

[theluckycountry]

EV stocks are seeing a historic sell-off, with some down 90% from their peak https://markets.businessinsider.com/new ... off-2024-1

Tesla collapse has investors wondering if it’s still magnificent
https://financialpost.com/investing/tes ... agnificent

Mercedes-Benz delays EV goals because of weak demand
https://www.foxbusiness.com/fox-news-au ... wered-cars Mercedes-Benz shares were up 5.9% following the news...

And a couple of links for kub.

Xiaomi's SU7 electric car is stunning
Xiaomi's got an EV now. And it's a pretty one. https://mashable.com/article/xiaomi-su7-ev-car

Best electric cars to buy 2024
https://www.autoexpress.co.uk/electric-cars

[kublikhan]

$this->bbcode_second_pass_quote('theluckycountry', 'A')nd a couple of links for kub.

[theluckycountry]

Slumping used EV prices force automakers to repay leasing firms

This is HUGE.
$this->bbcode_second_pass_quote('', 'A')utomakers have begun compensating leasing companies for the sliding value of used electric cars as Tesla’s price cuts rip through an industry that must sell more EVs or face hefty fines.

Ayvens, the biggest multibrand leasing firm, already has received checks in recent weeks to make up for slumping prices, according to CEO Tim Albertsen. Leasing companies are demanding concessions from EV makers, including agreements that manufacturers will buy back vehicles, to protect against further erosion in the $1.2 trillion second-hand car market.

Prices for used EVs plummeted last year as weakening demand (PEAK EV) for new battery-powered cars prompted Tesla to slash sticker prices, forcing others to follow suit. The moves are reverberating through leasing firms, such as Europe-focused Societe Generale Ayvens and BNP Paribas Arval, which serve as middlemen in the corporate car market that accounts for roughly 60 percent of sales in the region...

[kublikhan]

More BS. EV registrations are up, not down. But you never let facts get in the way of your BS now do you?

$this->bbcode_second_pass_quote('', 'F')eb 16, 2024 - In 2023, all-electric car registrations in the United States exceeded 1.1 million for the very first time, far outpacing the growth rate of the overall car market. The latest data reveals a 52% increase in volume compared to 2022.

[kublikhan]

$this->bbcode_second_pass_quote('', 'F')EBRUARY 9, 2024 - This week, Cox Automotive analysts shared news that may surprise some dealers: Retail sales of used EVs rose sharply in January. Average weekly sales of used EVs in January grew 34 percent against the average weekly sales in December 2023. January’s sales represented a 69 percent increase compared to used EV sales in January 2023.

The current days supply of used EVs is now lower than the average days supply of internal combustion engine (ICE) vehicles.

[Plantagenet]

There have been three arson attacks on EVs in SF in the last two weeks.

The first one was a hapless ROBOTAXI EV that was set upon by a mob of homeless Ds who vandalized the EV and then set it on fire. They then danced and partied around the burning EV.

Just a couple of days another two TESLA EVs were set on fire. in one night A camera caught a mysterious man who appeared to be homeless starting the fire at one TESLA EV, and the second one went off about a block away a short time later.

[img=https://th.bing.com/th/id/R.dccb2f945dc6fac32e6ee5bce0fdf2ff?rik=Suf7F%2fQhKOcVkA&riu=http%3a%2f%2fwww.azquotes.com%2fpicture-quotes%2fquote-once-is-happenstance-twice-is-coincidence-three-times-is-enemy-action-ian-fleming-9-77-18.jpg&ehk=cDekqxC1%2brEJtdscy3%2fGNohEyQ7TpJz%2bc8UufNCWruY%3d&risl=&pid=ImgRaw&r=0][/img]

Three attacks on EVs in two weeks suggests that, for reason, the homeless Ds in SF are out to destroy EVs.

Cheers!

[theluckycountry]

World’s First Apple Car

An amazing concept, this vid by a total fan boi (he even wears the Steve Jobs signature black turtleneck) goes into great detail on what to expect, and as you would expect from apple, it's the state of the art.

The young man has 17.8M subscribers and it's worth watching the video just to admire his roguish facial hair, shaved sides and top nest. The turtle neck is complimented with signature black glasses frames and a unique square single earring of the same color. I won't spoil it by telling you which ear he wears it in. Enjoy.

https://www.youtube.com/watch?v=OHsDaxkfyVw

[theluckycountry]

Mainstreem media is on the EV collapse bandwagon now.

How EVs became such a massive disappointment
https://www.cnn.com/2024/02/25/cars/wha ... index.html

How to wipe out billions, Fisker inc. $28 a share in 2021, 70-cents a share today. A typical EV company in collapse
https://finance.yahoo.com/quote/FSR/

But back in the day...
$this->bbcode_second_pass_quote('', 'E')lectric vehicle startup Fisker said Monday that it spent less money in 2022 than it had expected, and that it remains on track to begin deliveries of its Ocean SUV this spring and to build more than 40,000 vehicles in 2023.

[careinke]

Some random stuff:

1. Jaguar claims it will quit making ICE vehicles by this June 2024. Ironically, I remember when people imported Jags and the first thing you did was pull out the electrical and replace it.

2. Ford just bought a Tesla Cyborg from someone for $250,000. It is also interesting the seller had to pay $50,000 to Tesla for selling to soon. Since the wait for a Cyborg is 7 years it was probably worth it to Ford.

3. There is hope, Tesla will be opening a new Cyborg plant in Mexico this year. Also, the price of Lithium has plummeted.

4. Tesla cars are everywhere up here in Washington.

Peace

[theluckycountry]

What do the Maui wildfires that destroyed the coastal town of Lahaina, the 2021 Marshall Fire in Boulder County, and the recent Smokehouse creek fire that devastated the Texas panhandle have in common? They were started by the malfunctioning of aging power lines. https://www.reuters.com/world/us/xcel-e ... 024-03-02/

Any mass uptake of EV across the nation would have to be preceded by a rebuilding and massive expansion of the existing grid. Something no one is even considering. What the EV industry has done is akin to building a million boats on the edge of a desert and then dreaming that rain will come and turn it into a sea.



Bonus question:

Gasoline, Diesel, Jet fuel and asphalt all come out of a barrel of crude oil. The last three and many other refinery products are essential to our modern way of life and they all come out of the oil at the refining stage.
Q. What do you with the billions of gallons of gasoline if you no longer use it to run cars?

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', 'W')hat do the Maui wildfires that destroyed the coastal town of Lahaina, the 2021 Marshall Fire in Boulder County, and the recent Smokehouse creek fire that devastated the Texas panhandle have in common? They were started by the malfunctioning of aging power lines. https://www.reuters.com/world/us/xcel-e ... 024-03-02/

Any mass uptake of EV across the nation would have to be preceded by a rebuilding and massive expansion of the existing grid. Something no one is even considering. What the EV industry has done is akin to building a million boats on the edge of a desert and then dreaming that rain will come and turn it into a sea.

[Plantagenet]

Leftist ecoterrorists commit arson attack on Tesla factory in Germany

tesla-factory-germany-fire-ecoterrorism

I'm surprised by this....I didn't think ecoterrorists were smart enough to understand the EVs have huge carbon footprints from the second they roll out of the factory and that huge lithium mining operations are actually bad for the environment.



Cheers!

[Plantagenet]

Just as I predicted, the Chinese government is now telling the Chinese people to not buy cars from Tesla because it is an evil American corporation.

Tesla-china-sales-plummet


China has already banned Teslas from certain government controlled areas.....now they are telling the Chinese people not to buy Teslas at all.

This will cause Tesla sales to plummet in China, which will put a major hurt on the entire Tesla corporation.

But not to worry ------ Chinese EV companies will be more than glad to sell you all the Chinese EVs you want if Tesla goes bankrupt.

Now Tesla has three problems.....the Chinese are boycotting Teslas, the wacko eco-terrorist wing of the leftist environmental movement is starting to sabotage and destroy Teslas in both the EU and the USA, and US consumers are having second thoughts about buying EVs.

Cheers!

[theluckycountry]

Drivers warned that EV range tests 'completely unrepresentative of real world'
$this->bbcode_second_pass_quote('', '
')An investigation by What Car? magazine found a shortfall of up to 38% in the range of electric vehicles (EVs) in low temperatures compared with official figures.

Editor Steve Huntingford warned that the testing regime which manufacturers are required to put their vehicles through is "completely unrepresentative of real-world conditions". The magazine stated that official analysis under the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) is conducted in laboratories with an ambient temperature of 23C, with each model undergoing an "unrealistically gentle acceleration" to record what distance they can cover before a battery with 100% charge goes flat.

What Car? did its own range tests on 12 electric cars which were taken to a site in Bedfordshire, left in the open overnight in temperatures of between 6C and 10C, and driven in a way that simulated stop-start urban conditions and on motorways. The largest discrepancy was found with the

Lexus UX 300e, official stated range, 273 miles. It was found to only be able to cover 170 miles, a 38% reduction.

This was followed by the Lexus RZ 450e, which is advertised as having a range of 251 miles but was found to be able to cover just 159 miles, some 37% less.

The third biggest shortfall was for the Volkswagen ID 7 Pro Match (without heat pump), which could only travel for 254 miles in the What Car? test, some 34% below the stated distance of 383 miles.

[theluckycountry]

Hertz CEO Out As Firm Seeks Traction After Big EV Bet Goes Bust

$this->bbcode_second_pass_quote('', 'P')oor resale value isn't the only EV liability biting Hertz -- the company also pointed to the high cost of collision repairs. “For context, collision and damage repairs on an EV can often run about twice that associated with a comparable combustion engine vehicle,” Scherr noted in an October third-quarter conference call.

Guess the cost to repair this?



$5,000?
$10,000?
$12,000?

NO..... estimate cost is $14,000

https://twitter.com/biotechpain/status/ ... 5808759261

No wonder why renting companies are ditching Tesla! $TSLA $TSLAQ

[kublikhan]

$this->bbcode_second_pass_quote('', 'M')ar 12 2024 - This is a new, small electric car. It has a small battery. A small range. A light weight, small amount of horsepower and in genuinely good news, a small price. Dacia has confirmed the Spring will start from just £14,995.

Fifteen grand! That makes it the second cheapest new EV available in the UK after the Citroen Ami, which of course isn’t really a car. So strike that off the list and it’s literally thousands of pounds cheaper than either the Vauxhall Corsa Electric or MG4, both of which sneak in just under £27k.

There’s a small 26.8kWh battery, a small 48kW motor and the ability to travel up to 137 miles on a single charge!

Prices for the entry-level, headline-grabbing ‘Expression’ with the 44bhp powertrain start from £14,995, rising to £15,345 for the 64bhp Expression, and topping out at £16,345 for the 64 horsepower ‘Extreme’ trim. That’s it. Three versions. All very cheap for new cars.

“We have listened to the concerns of UK drivers regarding accessing EVs,” said Dacia’s UK brand director Luke Broad, “ensuring it not only has an unprecedented price but affordability that doesn’t come at the expense of durability, equipment or usability.”

[mousepad]

$this->bbcode_second_pass_quote('kublikhan', ' ')just £14,995.

[kublikhan]

$this->bbcode_second_pass_quote('mousepad', 'H')ow long before a big mac costs $20k?