The EV Graveyard – IOTW Report

The EV Graveyard

I&I
Last week, the House approved a resolution to block the Biden administration’s emissions rule that would require more than half of the automobiles sold in the new-car market to be electric by 2032. The 215 representatives who voted for the bill, including eight Democrats, are far more in tune with most of the country than the White House. The “deplorables” and “bitter” clingers of the industrialized world are rejecting electric vehicles.

Nationwide, the inventory of unsold EVs had grown by nearly 350% over the first half of 2024, creating “a 92-day supply — roughly three months’ worth of EVs, and nearly twice the industry average,” says Axios, which is 54 days for gasoline-powered vehicles.

Ford, which lost nearly $73,000 on each EV it sold in the second quarter of 2023, continues to yield to reality, now ditching its plans to build a large electric SUV. This “course change,” says Just the News, “comes amid lower-than-expected demand for electric vehicles.” more here

11 Comments on The EV Graveyard

  1. Pie, same here in Upstate NY. I’m rebuilding an laptop battery in my shop and I put them in a metal garbage cans when I leave the shop. My luck is running thin this year.

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  2. I drive down a road zoned for businesses frequently. There’s a very large field behind a hedge row that’s always filled with new vehicles, there has to be hundreds in there. I can only see it at one end from one of the business properties, I can’t get close enough to see what kind of cars/trucks are being stored. Been there quite a while.

  3. Too bad we can’t right now take those unused unwanted EVs, remove the batteries & convert them to ICEs. ANd then take the batteries & convert THEM to “generators” to connect to houses for power down situations.

    Elon? You listening?

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