Here is another example of a jurisdiction desperately trying to put a positive spin on their floundering net-zero transition efforts.
But soon they will be dealing with much greater volumes of EVs, along with lower volumes of profitable ICE cars.
The carmaker hemorrhaged cash in 2024 amid a widespread slackening in demand for EVs, losing roughly $4 billion in the first three quarters of 2024 alone...
There are a plethora of new automobile engines their creators hope will capture the commercial marketplace in the near future. The engines are designed to run on methanol, ammonia, hydrogen, nitrogen, and (surprise?) lithium....
To make matters worse for the German green movement, President Trump will certainly bring energy prices down in USA, and thus further exacerbate Germany’s economic uncompetitiveness...
We will no doubt muddle through again, but nobody in the media seems to be pointing to the elephant in the room; the fact that demand for electricity will start to rise rapidly as we transition to heat pumps and EVs.
The Economics and Future of Electric Vehicles
But the Government is not doing that. Instead it is deliberately claiming that drivers will benefit from the transition to EVs. But they know full well that by the time ICE cars are banned in 2030, the taxation raised by...
A governor targeting one of the most popular entrepreneurs in the country and hurting his citizens to do so is unappealing to Americans in today’s environment...
It remains to be seen just how the incoming Trump Administration will impact the BEV marketplace. Trump keeps saying that BEVs have a role while disparaging automakers now venturing into hydrogen-based fueling systems....
Stellantis have been warning for months that this would happen, saying that they were not prepared to sell petrol/diesel vehicles at a loss, because of ZEV fines.
Ultimately, the market will decide the winners and losers. Automakers that prioritize consumer satisfaction over government market manipulation will thrive, while those that gambled on an uncertain future may find themselves...
As was obvious from the beginning, there never was enough demand for EVs for the mandated targets to be achieved. Manufacturers have been forced into offering unaffordable discounts for EVs, and are now cutting back on ICE...
Four principles will likely guide the Trump Administration’s actions on the auto industry in the next several months: (a) tariffs to protect domestic auto industry jobs, (b) fighting against mandates that tilt the playing...
“I have not seen a forecast by anyone … government or private, anywhere that has told us that that number is achievable. At this point, it looks impossible,” Hollis said of the zero-emission regulations. “Demand...
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