“EV’s – Electric Vehicles”

EVs depend on batteries that must be replaced. This has crushed their resale value.

The truth about battery-powered devices (EVs) is finally being emitted. One of these truths — styled a “hurdle for EV adoption” — is the plummeting resale value of these devices.

How much — and how fast?

How about more than 30 percent in just one year? That’s about five times as much loss in over 12 months as you’d typically lose (about 10 percent) if you bought a vehicle rather than a device. It’s a loss that is actually fast — as opposed to how long it takes to charge a device.

Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for concern, leading BloombergNEF to slash sales estimates and warn that the auto industry is falling further off the track toward decarbonization.

In its annual Electric Vehicle Outlook, BNEF reduced its battery-electric sales projections by 6.7 million vehicles through 2026. While the demand deceleration isn’t universal across countries and EVs will be buoyed somewhat by the resurgence of plug-in hybrids, a few Nordic countries and the state of California are the only places on pace to eliminate passenger vehicle fleet emissions by 2050.

This seems an optimistic outlook …

World faces ‘staggering’ excess of oil by end of decade, warns IEA

Monday’s episode of CBS Mornings included a segment on declining interest in electric vehicles. CBS admitted the complications, with correspondent Ben Tracy citing customers’ desire not to feel “forced” in their car purchases.

Uh oh, it’s fixing to be a battle between reality and leftist ideology—but who will win?

Writing for Fox News, Charles Creitz recently reported on a very inconvenient truth, from a new study: fracking wastewater is full of lithium, making it a “promising domestic source” if tapped, and the process to extract it “reduces the cost” of traditional water decontamination efforts.

Political fantasies keep crashing into automotive reality.

It’s become common for some politicians to present a transition away from fossil fuels as similar to other historical transitions in which societies abandoned old energy sources in favor of new ones. But this time really is different. Consumers in previous societies embraced new technologies because they afforded easier and cheaper ways to sustain and enhance life. The contemporary mania is to abandon consumer preference and instead enforce a trade-down to uneconomical but politically favored methods of powering our lives. So it’s important to understand just how far the new government mandate and subsidy systems will travel away from economic sense.

This should be read by Frankie Bubbles and Junior but it won’t.

All the new electrical generation and metal mining required means EVs don’t have a hope of getting up to speed in the 11 years left

The federal government has mandated that all new light duty vehicles be electric by 2035. Achieving that goal would require vastly more electrical generation capacity and an enormous expansion of charging stations.

A Fraser Institute study published in March found that handling the higher load would require either 13 large new gas plants or the equivalent of 10 new mega-dams the size of B.C.’s $16-billion hydro Site C. Just one problem: almost all viable hydro sites have already been dammed. Plus: it took 10 years to get environmental approval for Site C and another 10 to build it. That leaves the natural gas plants. But powering EV’s with natural gas puts the kibosh on zero emissions.

A team of University of Michigan researchers recently discovered that the amount of copper needed to keep up with the manufactured demand created by the globalist E.V. agenda is “essentially impossible” to generate. On May 16th, Engineering and Technology published an article by Tanya Weaver which covered the results of the new study…