Report: Despite Billions in Government Investments, Electric Vehicles ‘Piling Up on Dealer Lots’ – IOTW Report

Report: Despite Billions in Government Investments, Electric Vehicles ‘Piling Up on Dealer Lots’

Thursday, 28 December 2023, 14:00 MJA Uncategorized 37

Breitbart:

Electric Vehicles (EVs) are “piling up on dealer lots” as American consumers continue buying traditional gas-powered cars at faster rates, the Wall Street Journal reports.

According to the Journal, despite major investments from the federal government and automakers into EVs, Americans are not warming to President Joe Biden’s green energy agenda the way the administration and the industry had predicted.

The Journal reports:

As a result, electric cars and trucks are piling up on dealer lots, causing auto companies to reassess their investment plans. It takes a dealership around three weeks longer to sell an EV than a gasoline vehicle, according to data from car-shopping website Edmunds. A year ago, battery-powered models were selling faster than their gasoline counterparts. [Emphasis added]

Aside from a lack of electric charging stations and consumer nervousness over reliability, the cost of EVs remains a prime reason why Americans are choosing gas-powered cars instead. more

37 Comments on Report: Despite Billions in Government Investments, Electric Vehicles ‘Piling Up on Dealer Lots’

  2. EV’s arrived 20 years before the technology was ready, and the support tech is still the infant stage. That makes them a toy for the rich and a total loss for the average American. They are worthless to most people, and a fire hazard to every owner.

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  3. Not a problem…the Federal Government will buy them. At full retail cost. And then they will sit unused for 10 years, and sold surplus for Pennies on the dollar. It’s the American way.

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  5. grayjohn – While there’s been progress in battery technology (and I won’t say that we’ll never get there) but packing 33kW into 6 pounds (about 38 if it’s diesel or et A) is a BIG leap… and batteries never get any lighter as they get used! Oil based fuels are hard to beat…probably even in 20 years.

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  6. My sister was looking for a new Jeep. She said the lots are overflowing with electric models that they are deep discounting but nobody wants. There are a few turbo 4 cylinder models, but NO V6 models which I told here was the only version to buy.

    1

  9. Jethro – Agreed. Wringing enough HP out of a turbo 4 is just too much stress. Granted the engine is built stouter, the plain fact is they are not as long lasting and are more problematic than a naturally aspirated six.

    As for EVs they got the process exactly bass-ackwards by making the product before there was a market. Now they’re stuck trying to create a market thru arm-twisting and pissing everybody off in the process!

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  12. Serious question; batteries discharge to air whether the device is in use or not. Does an EV dealer have to track the cars for the MONTHS they are on his lot and have a lot lizard rotate the cars through charging to keep them mobile? Seems like that’s an expense you’d have to bear if you didn’t want so many bricks on your asphalt that no one could test drive or even move.

    Also, every time you charge a battery, you reduce its life. Opportunity charging is the worst for this. Seems to me that, if you’re an EV customer, you should be informed how many cycles each car you’re contemplating has already had, as it does affect how long the car will be usable in future.

    There will be no secondary market for EVs, no resale value, no practical battery replacement. Every cycle is precious, so it should be right there where they post milage statements in ICE cars…

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  13. SNS – As an aside, the lithium battery actually lasts the longest if stored at half charge… only I would hate to have to tell a customer who wants to test drive one to come back tomorrow when it’s all charged up!

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  14. Siemens built an electric car in the early 1900s. It, like other countless other cars of the day, went nowhere in the long term. Back then, REALITY was allowed to win the day, along with the consumer. Had there not been government treaties and federal energy policies, along with countless handouts to big oil (and the obvious subsidized security provided by our military), who knows what alternatives there might be today in energy and transportation (that actually worked and were cost-effective). NO industry has been more manipulated than energy (unless you throw in banking). And the results have been horrible for all (that didn’t profit) ultimately.

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  15. Well only morons that don’t care about the planet buy EVs however interest rates are real high comparatively. Lot’s of peeps suffering from Bidenomics. Cars are not selling in general. Dealerships are getting pretty aggressive on their pricing on all vehicles.

  16. Just wish they’d stop with the lies.

    1) It doesn’t do anything for the environment, probably worse than an ICE.
    2) The range is overestimated directly from EPAs own standards, whereas MPG is typically underestimated with an ICE.
    3) It costs more over life of ownership than an ICE.
    4) Manufactures charge too much and you get too little. Same with ICE these days, but in comparison ICE is still a better value.
    5) Battery replacement costs should be upfront line item on the sticker
    6) Battery warranty should be upfront and completely disclosed
    7) Things that void battery warranty should be upfront and completely disclosed
    8) Just because it doesn’t need an oil change doesn’t mean it doesn’t use environment impacting fluids and lubricants
    9) How long do tires and suspension last? (hint: a lot less than ICE). And how much does it cost to replace (hint: a lot more than ICE).

    ..and more.

    These aren’t disclosed because if they were they’d rot a lot more on the lot than they do now, or they would be forced to lower prices by A LOT.

    Look up the 2 stories that are floating around now about Hyundai Canada with the IONIQ. The car cost $55k and they are currently billing 2 customers $61k for a battery replacement because the battery protection cover has scratches from running over an item on the road. The batteries are fine, but because the protection cover has damage they are declaring the battery needs replacement and are flagged in their system so if there is an incident like a fire the customer is 100% at fault. It’s not covered under warranty because it’s “damage” (literally scratches) caused by the customer. Ridiculous.

    https://youtu.be/dr3mFzh0KSk?si=Em9WXx5r1hkZKp2D
    https://youtu.be/EEXieo06ta8?si=4eC5qqiCHl5Jo-RO

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  17. I pull into a gas station, put in my card, someone in electro-hell OKs my coming purchase, take the nozzle, fill the tank, take my receipt, and drive off; the entire process has taken less than five minutes.
    I drive into an EV recharging station, look around for an empty charging station —-

    1

  18. EVs: Reactions can include headaches, acute jonesing for escargot, and susceptibility to Starbux poisoning, using the term Fabulous! too much and multi-colored flags. In certain patients there is a small risk of disbelief, apathy, hives, nausea and vomiting, diarrhea and revulsion. If you experience any of these symptoms it is important to discontinue EVs and seek treatment at your nearest gas station.

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  21. EVs will remain piled up until the battery cases crack and a severe rainstorm causes the car lot to flood. Other than a sever unquenchable fire, problem easily solved.

  22. Harry, the gas station sushi is a serves-em-right starter (punishment and wakeup call). They don’t get off scot-free for driving around in a dumb ass bird-chopping, toxic-generating, environment-killing, water-poisoning, child-enslaving, electro-shove-it-their-ass mobile!

    1

  23. Big money funnel into China.
    How long before the green energy car, is actually green?
    About the same time it take it to die.
    “The $4 billion Panasonic electric vehicle battery factory…. will be powered by a coal plant until at least 2028.”
    “The $4 billion plant is slated to receive $6.8 billion from Biden’s climate bill, the Inflation Reduction Act.”
    More
    https://www.instituteforenergyresearch.org/fossil-fuels/coal/ev-battery-factory-in-kansas-to-be-powered-by-coal-at-least-temporarily/

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  26. SNS – Thanks for the update… eight fires since August???
    I would think that in a lithium battery plant you would want ZERO fires anywhere!
    Hamtramck Detroit, mostly muzloid primates. What could possibly go wrong…

    1

  28. Loco – 480 Volt power is not hazardous if wired according to code and handled properly.
    I did it for years with no problems… in fact I lived to tell my grandkids about it!

    Oh yeah… we’re not talking about electrictricians or engineers here…

  31. Yeah, but it’s the voltage that will drive the current right thru ya! And if it’s high enough it’ll jump out and greet ya!
    Also remember that 480V is just the RMS. It’s the Peak to peak that you feel! 480 X 2.83 = 1,358VPP

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