EV Fail: Car Dealers Turning Away From Electric Vehicles After Learning Harsh Economics Lesson

EV Fail: Car Dealers Turning Away From Electric Vehicles After Learning Harsh Economics Lesson. No one’s buying this green panacea. It’s not free or cheap like people were led to believe, and it’s a pain in the ass.

Car dealerships are telling auto manufacturing companies that they have more than enough electric vehicles in stock and don’t want more on their lots until the current inventory sells.

“We have turned away EV inventory,” Kunes said. “We need to ensure that we have a good turn on it.”

Fiorani explained that EV’s offer a significantly different “ownership experience,” because of the typically lower range a vehicle gets from a single charge and unavailability of charging locations relative to gas stations.

“It’s hard for the average customer to make that leap while spending an extra $10,000,” he said.

Scratched EV battery? Your insurer may have to junk the whole car

Tesla Model 3 batteries show impressive fire resistance despite damage from high-speed crash ...

Scratched EV battery? Your insurer may have to junk the whole car. Yet more, go woke-go broke. Now EV’s cost more to run than gasoline cars, and now the insurance is going to be higher, not to mention the environmental costs. Another joke foisted upon us by the greentards.

For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric.

And now those battery packs are piling up in scrapyards in some countries, a previously unreported and expensive gap in what was supposed to be a “circular economy.”

“We’re buying electric cars for sustainability reasons,” said Matthew Avery, research director at automotive risk intelligence company Thatcham Research. “But an EV isn’t very sustainable if you’ve got to throw the battery away after a minor collision.”

Battery packs can cost tens of thousands of dollars and represent up to 50% of an EV’s price tag, often making it uneconomical to replace them.

Firefighters use 6K gallons of water to extinguish Tesla that ‘spontaneously’ caught fire

The severely damaged Tesla seen after the fire

Firefighters use 6K gallons of water to extinguish Tesla that ‘spontaneously’ caught fire. This must be a new feature. A car so smart, it lights itself on fire on cold days so the passengers can warm up and roast some marshmallows.

Man Plugs His $115k Electric Hummer in to Charge on Sunday, Finds Out It Won’t Be Done Until Friday

Man Plugs His $115k Electric Hummer in to Charge on Sunday, Finds Out It Won’t Be Done Until Friday. Well, that’s only 5 days to charge up. These should do wonders for the underpowered California power grid during those heat waves.

New Electric Vehicle Completely Bombs, Could Only Make It 70 Miles Driving at Highway Speeds

New Electric Vehicle Completely Bombs, Could Only Make It 70 Miles Driving at Highway Speeds. Aaaaaannnnnnnddddd, we have another winner in the EV race to the bottom!

Those Electric Cars Biden Wants You to Buy? Many Are Made with Russian Aluminum

Those Electric Cars Biden Wants You to Buy? Many Are Made with Russian Aluminum.  Well, here we go with yet another Biden-created clusterfark.

Turns out, the U.S. doesn’t only rely on Russia for oil imports — it relies on Russia for materials used to make EVs as well.

CNBC reported this week that EV maker Tesla, which is owned by dissident billionaire Elon Musk, has procured materials such as aluminum from a Russian metals giant that was once sanctioned by the U.S. Treasury Department.

Electric Car-Owners Shocked: New Study Confirms EVs Considerably Worse For Climate Than Diesel Cars

Electric Car-Owners Shocked: New Study Confirms EVs Considerably Worse For Climate Than Diesel Cars. Zero emissions our ass.

According to the study directed by Christoph Buchal of the University of Cologne, published by the Ifo Institute in Munich last week, electric vehicles have “significantly higher CO2 emissions than diesel cars.” That is due to the significant amount of energy used in the mining and processing of lithium, cobalt, and manganese, which are critical raw materials for the production of electric car batteries.

Are electric cars worse for the environment?

See the source image

Are electric cars worse for the environment? Yes, yes and more yes. They’re also worse for the poor and middle class.

Electric vehicle subsidies and mandates share an unfortunate, and all too common trait with other government policies: They’re based on “conventional wisdom” that turns out to be wrong. Wealthy consumers who have purchased Teslas and Chevy Bolts primarily to signal their green bona fides for their friends and neighbors, and who have socialized many of the costs of their purchases to those who are less well-off, might wish to take a closer look at the numbers. Their hands may not be quite so clean as they believe.

Saudi Arabia finally lets women drive

New Saudi car for women drivers.

Saudi Arabia finally lets women drive. Sounds like their clerics already have about 1/2 the intellect and that’s giving them credit. Sheikh Saad al-Hajari should go on a drive with Danica Patrick some time.

Saudi clerics ultimately believe female drivers “undermine social values” and lack the “intellect” to navigate the nation’s roadways.

“Would you give a man with half an intellect a driving licence?” Sheikh Saad al-Hajari, head of the Saudi government’s religious edict authority in the southern province of Assir, alleged at a lecture earlier this month.

“So how would you give one to a woman when she has half an intellect?” he said,

Tesla Compared To Enron, Ponzi Scheme In Scathing New Research Report

Tesla Compared To Enron, Ponzi Scheme In Scathing New Research Report. We’re still trying to figure out how they’re going to fulfill 400,000 orders for their new Model 3 in a timely manner when from what we read they’re not even producing 1,000 cars per week (52,000 per year). While their plant in Fremont, California reportedly had a capacity to produce about 400,000 cars per year it doesn’t mean Tesla will be able to achieve that. Meanwhile, collecting their $1,000 deposit on 400, 000 cars leaves Tesla with a cash pile of $400,000,000 of other people’s money.

tesla enron_0

Subaru tells some Legacy, Outback owners: Don’t drive them

Subaru tells some Legacy, Outback owners: Don’t drive them. Just in case any of our readers have one of the affected models.  The recall covers 2016 Legacys and Outbacks made from Feb. 29, 2016 to May 6, 2016. Also covered are 2017 Legacys and Outbacks made from April 18, 2016 to April 29, 2016.

The Government Wants to Outlaw Your Hot Rod

The Government Wants to Outlaw Your Hot Rod. Yes now the disgusting little man who’s in charge of the EPA and some of the disgusting members of Congress want to overstep their bounds and outlaw race cars. Please click on the above link to SEMA and fill out their form, which will generate a letter to your two Senators and your Representative as follows: “As a constituent, I respectfully request that you support H.R. 4715/S. 2659, the Recognizing the Protection of Motorsports Act of 2016, RPM Act, which protects our rights to convert an automobile into a racecar used exclusively at the track. Of course if you want to see stock Priuses running NASCAR tracks at 48.5 MPH, by all means don’t send it.

I HATE THE MEDIA ™
Verified by MonsterInsights