Electric Car News

[Kyle]

Half of Buick Dealers Take Buyouts to Avoid Having to Sell GM’s Electric Cars




Almost half of Buick dealers across the United States have opted to take buyouts from General Motors (GM) to avoid having to sell Electric Vehicles (EVs) at a time when consumer reports show Americans are increasingly turned off by the cars.

According to GM, almost 1,000 of its nearly 2,000 Buick dealerships across the U.S. chose to take buyouts from the parent company rather than investing potentially millions into retooling and prepping dealers to service and sell EVs.

The move comes as U.S. car dealers are so concerned with EV sales that they are urging Biden to abandon his EV mandates and carbon emission regulations that would effectively force all-electric cars on consumers.

“The reality, however, is that electric vehicle demand today is not keeping up with the large influx of [EVs] arriving at our dealerships prompted by the current regulations. [EVs] are stacking up on our lots,” the car dealers write:

With each passing day, it becomes more apparent that this attempted electric vehicle mandate is unrealistic based on current and forecasted customer demand. Already, electric vehicles are stacking up on our lots which is our best indicator of customer demand in the marketplace.

Half of Buick Dealers Take Buyouts to Avoid Having to Sell GM Electric Cars

Almost half of Buick dealers have opted to take buyouts from General Motors (GM) to avoid having to sell Electric Vehicles.

www.breitbart.com

 

[Kyle]

Fire Shuts Down GM’s Electric Car Plant, Executives Blame ‘Battery Materials’

The fire is only the latest at EV plants across the United States.

In February, Ford Motor Co. was forced to halt production at its Detroit, Michigan, plant when an all-electric F-150 Lightning pickup truck’s battery caught fire and spread to another vehicle.

The issue of EV battery fires has been so severe for GM that in 2021, the automaker had to recall its all-electric Chevrolet Bolt over fire risks associated with the battery.

Fire Shuts Down GM's Electric Car Plant, Execs Blame 'Battery Materials'

GM's "Factory Zero" plant was shut down after a fire broke out. The plant produces Electric Vehicles, which have a history of catching fire.

www.breitbart.com

 

[glhs837]

And everyone knows "Brandon" (Whoeverthe####thatis) is incapable of lying, and doesn't have any bias or ax to grind.

You don't have to because unlike most articles he actually cites sources. Like that 11% higher accidents data? He went and found a tweet from the guy that performed the study that number was taken from who refuted that number.

Or you could you know, read the article and judge the quality of the sources yourself.

 

[Kyle]

I gotta hand it to Elon... He's proven P. T. Barnum right.

 

[glhs837]

Half of Buick Dealers Take Buyouts to Avoid Having to Sell GM’s Electric Cars




Almost half of Buick dealers across the United States have opted to take buyouts from General Motors (GM) to avoid having to sell Electric Vehicles (EVs) at a time when consumer reports show Americans are increasingly turned off by the cars.

According to GM, almost 1,000 of its nearly 2,000 Buick dealerships across the U.S. chose to take buyouts from the parent company rather than investing potentially millions into retooling and prepping dealers to service and sell EVs.

The move comes as U.S. car dealers are so concerned with EV sales that they are urging Biden to abandon his EV mandates and carbon emission regulations that would effectively force all-electric cars on consumers.

“The reality, however, is that electric vehicle demand today is not keeping up with the large influx of [EVs] arriving at our dealerships prompted by the current regulations. [EVs] are stacking up on our lots,” the car dealers write:

With each passing day, it becomes more apparent that this attempted electric vehicle mandate is unrealistic based on current and forecasted customer demand. Already, electric vehicles are stacking up on our lots which is our best indicator of customer demand in the marketplace.

Half of Buick Dealers Take Buyouts to Avoid Having to Sell GM Electric Cars

Almost half of Buick dealers have opted to take buyouts from General Motors (GM) to avoid having to sell Electric Vehicles.

www.breitbart.com

We've talked about this and the fact that just because some people can't sell their crappy non-competitive EVs doesn't mean EVs are not doing well. I mean I do agree with them that the subsidies and other incentives should go away.

 

[phreddyp]

We've talked about this and the fact that just because some people can't sell their crappy non-competitive EVs doesn't mean EVs are not doing well. I mean I do agree with them that the subsidies and other incentives should go away.

Have another cracker, I'm buyin.

 

[PeoplesElbow]

Half of Buick Dealers Take Buyouts to Avoid Having to Sell GM’s Electric Cars




Almost half of Buick dealers across the United States have opted to take buyouts from General Motors (GM) to avoid having to sell Electric Vehicles (EVs) at a time when consumer reports show Americans are increasingly turned off by the cars.

According to GM, almost 1,000 of its nearly 2,000 Buick dealerships across the U.S. chose to take buyouts from the parent company rather than investing potentially millions into retooling and prepping dealers to service and sell EVs.

The move comes as U.S. car dealers are so concerned with EV sales that they are urging Biden to abandon his EV mandates and carbon emission regulations that would effectively force all-electric cars on consumers.

“The reality, however, is that electric vehicle demand today is not keeping up with the large influx of [EVs] arriving at our dealerships prompted by the current regulations. [EVs] are stacking up on our lots,” the car dealers write:

With each passing day, it becomes more apparent that this attempted electric vehicle mandate is unrealistic based on current and forecasted customer demand. Already, electric vehicles are stacking up on our lots which is our best indicator of customer demand in the marketplace.

Half of Buick Dealers Take Buyouts to Avoid Having to Sell GM Electric Cars

Almost half of Buick dealers have opted to take buyouts from General Motors (GM) to avoid having to sell Electric Vehicles.

www.breitbart.com

Given the lack of Buicks I see on the road this is probably a win-win for the dealerships.

 

[PeoplesElbow]

I know about three or four people who drive EVs. Not a one of them is doing it for the planet. They are doing it for the benefits. And studies can be done all sorts of ways, I might look that one up later.

If the gov incentives went away do you think the benefits would have drove these four folks to EVs?

 

[glhs837]

If the gov incentives went away do you think the benefits would have drove these four folks to EVs?

At least three of them.

 

[GURPS]

Electric Cars Expected to Cause Christmas Chaos on Roads​

Advanced planning is needed for those who are taking a road trip in an electric vehicle, especially during the winter months, as cold weather can significantly EV diminish battery range.

“My husband and I learned this firsthand last February as the temperatures dipped on a road trip back home to Michigan from Florida,” Axios reporter Joann Muller noted in her report. “We were overconfident in our car’s driving range, and had to practically limp to a charging station as the battery warnings flashed ever-more urgent messages.”

Therefore, it is advised that EV owners and renters know how many miles it will take to get to their destinations, and where they will need to use a charger on the trip.

There are route-planning apps, such as “PlugShare” and “A Better Routeplanner.” There is also “Chargeway,” which offers real-time updates on charger availability.

Muller also advised drivers of electric vehicles to “be sure to factor in charging time so you don’t miss any holiday festivities,” adding, “I missed half of my niece’s baby shower because I had to stop and recharge the EV I was test-driving.”

The report also noted that charging station can sometimes have “glitchy touchscreens,” and therefore advised drivers set up billing accounts on charging network apps before hitting the road in an EV.

Electric vehicles renters should also take the time to get familiar with the car’s “unique features” before leaving the parking lot. They are also advised to ask whether they will need to return the EV with a full battery, as rental companies may hit them with a fee if they do not.

 

[PeoplesElbow]

What’s behind the epidemic of unreliable EV chargers?

The short answer is data. Hundreds of things can go wrong in the EV charging process, but the data to figure out why is unavailable. New government rules…

www.canarymedia.com

 

[Grumpy]

What’s behind the epidemic of unreliable EV chargers?

The short answer is data. Hundreds of things can go wrong in the EV charging process, but the data to figure out why is unavailable. New government rules…

www.canarymedia.com

The scary thing about the above is "New GOVERNMENT rules aim to solve that"

 

[Gilligan]

 

[Kyle]

View attachment 174568

How did you get a camera in GLHS house?

 

[glhs837]

How did you get a camera in GLHS house?

 

[Kyle]

Inorite!

 

[GURPS]

No one wants to buy used EVs and they’re piling up in weed-infested graveyards​

The problems are expected to intensify next year, when many of the 1.2 million EVs sold in Europe in 2021 will come off their three-year leasing contracts and enter the secondhand market. How companies tackle this problem will be key for their bottom lines, consumer confidence and ultimately decarbonization — including the European Union’s plan to phase out sales of new fuel-burning cars by 2035.

“There isn’t used-car demand for EVs,” said Matt Harrison, Toyota Motor Corp.’s chief operating officer in Europe. “That’s really hurting the cost-of-ownership story.”

Companies can funnel battery-powered cars into mobility offerings and ride-sharing startups, but there’s limited demand from these businesses. Unwanted combustion cars often end up in Africa, where their poor state causes pollution issues. That market is largely shut to EVs because it has no viable infrastructure to charge them.

China offers a cautionary tale. Lucrative subsidies turned the country into an EV giant, but also produced weed-infested graveyards of abandoned battery-powered vehicles. Any similar eyesores in Europe or the US may strengthen calls from conservative politicians to roll back aid for the industry, with key elections coming up in the US and Europe in 2024.

Warning signs around EVs appeared early this year when Tesla started aggressively cutting prices in an effort to prop up sales. That sparked a price war as other manufacturers followed, eating into profitability for some and pushing up already steep losses for others.

Prices for secondhand EVs slumped by around a third in the year through October, compared with a decline of just 5% in the overall used market, according to sales data from iSeeCars.com, a website that ranks cars and dealers. Used EVs take longer to sell than gasoline models even after significant price cuts, the group said.

 

[glhs837]

No one wants to buy used EVs and they’re piling up in weed-infested graveyards​

The problems are expected to intensify next year, when many of the 1.2 million EVs sold in Europe in 2021 will come off their three-year leasing contracts and enter the secondhand market. How companies tackle this problem will be key for their bottom lines, consumer confidence and ultimately decarbonization — including the European Union’s plan to phase out sales of new fuel-burning cars by 2035.

“There isn’t used-car demand for EVs,” said Matt Harrison, Toyota Motor Corp.’s chief operating officer in Europe. “That’s really hurting the cost-of-ownership story.”

Companies can funnel battery-powered cars into mobility offerings and ride-sharing startups, but there’s limited demand from these businesses. Unwanted combustion cars often end up in Africa, where their poor state causes pollution issues. That market is largely shut to EVs because it has no viable infrastructure to charge them.

China offers a cautionary tale. Lucrative subsidies turned the country into an EV giant, but also produced weed-infested graveyards of abandoned battery-powered vehicles. Any similar eyesores in Europe or the US may strengthen calls from conservative politicians to roll back aid for the industry, with key elections coming up in the US and Europe in 2024.

Warning signs around EVs appeared early this year when Tesla started aggressively cutting prices in an effort to prop up sales. That sparked a price war as other manufacturers followed, eating into profitability for some and pushing up already steep losses for others.

Prices for secondhand EVs slumped by around a third in the year through October, compared with a decline of just 5% in the overall used market, according to sales data from iSeeCars.com, a website that ranks cars and dealers. Used EVs take longer to sell than gasoline models even after significant price cuts, the group said.

1. Not sure Toyota is the All Seeing Eye when it comes to BEVs. They have made one, and by all accounts it a very sad excuse for an EV.

2. We'll see about the EU, but people keep telling me that one of the main problems with the EV market is the lack of affordable ones, even used.

3. China had a bunch of crappy companies make a crap ton of crappy EVs to capture subsidy money, not unlike what happened here when there were billions in solar subsidies on the line.

4, Teslas price cuts can be seen as "propping up demand", or also as capturing additional market share and putting pricing pressure on the competition.

5. Also involves those TEsla price cuts. Partially, interest rates are another factor. Since the great majority of the US EV market, especially used, is Tesla, those price cuts combined with the $7500 federal subsidy on top of state subsidies made it very hard for someone selling a used Tesla to compete pricewise.

 

[phreddyp]

1. Not sure Toyota is the All Seeing Eye when it comes to BEVs. They have made one, and by all accounts it a very sad excuse for an EV.

2. We'll see about the EU, but people keep telling me that one of the main problems with the EV market is the lack of affordable ones, even used.

3. China had a bunch of crappy companies make a crap ton of crappy EVs to capture subsidy money, not unlike what happened here when there were billions in solar subsidies on the line.

4, Teslas price cuts can be seen as "propping up demand", or also as capturing additional market share and putting pricing pressure on the competition.

5. Also involves those TEsla price cuts. Partially, interest rates are another factor. Since the great majority of the US EV market, especially used, is Tesla, those price cuts combined with the $7500 federal subsidy on top of state subsidies made it very hard for someone selling a used Tesla to compete pricewise.

Junk is junk nothing has changed.

 

[Gilligan]

2. We'll see about the EU, but people keep telling me that one of the main problems with the EV market is the lack of affordable ones, even used.

The market for used EVs in Norway is totally in the shitter. My son wants to sell his Model 3 because his third kid just arrived and he needs a "soccer Mom" car. Had it advertised for fire sale price for a couple months now and no offers..