Off topic, EV vehicle opinions…

[ksmithaz1]

I also think that the excessive government intervention creates most of the polarization we see here around EV's, which makes me sad. A few tax incentives to kickstart a nascent industry is not always a bad result, though as a libertarian I find it distasteful. Forcing change at high rates creates blowback that we are starting to see, that will create animosity to EV's that may take a long time to dissipate. Musk proved there was a market for the technology, and it was growing organically quite well. Even the EA/VW settlement was not a horrible idea, it has allowed travel coverage for EV owners, albeit much like looking for fuel in places going cross-country in the 1930's and 40's (even up to the late 50's early 60's). At this point the kick is done. The industry will thrive on it's own, if they would just leave it be, and the products will improve. State and local governments will adapt to the tax ramifications, and the tech will gradually gain wider and wider adoption.

Oddly in the early, early, days most women preferred electric to gas powered vehicles. They were more trouble free, no smelly fuels, no crank starting, etc. Obviously without adequate battery tech and rechargable batteries, eventually the gas powered vehicles took over and the tech improved, electric starters, better fueling options, ... As the battery tech improves I think many of these same advantages will begin to sway general public opinion. It's kind of funny but I've been following EV's for a long time, over and over, the same stories are told even with todays EV's. Once the ladies start driving the EV they don't want to give it back. It's anecdotal, but a repeating theme, I bought this EV and my wife didn't want to go near it, 6 months later she won't let me drive it.

I had a discussion around 'What if it breaks down? That would be really bad with an electric,' Well, breaks down how? Flat tire? any car can get a flat, make the call we have cell phones now. Blown radiator hose or heater hose? Hole in the radiator? Popped a freeze plug? Water pump? Broken timing chain? Bad fuel pump? Clogged fuel line? Bad injector? Leaky fuel rail? Road debris cracks the oil pan? Dead alternator? Dead 12v battery? This can/has been frustrating in EV's as well, but most issues are now resolved by firmware activating the buck converter when it goes low. Electrical problem? I'm going with the electrical system being worse on an ICE, the electrical system and sensors wrapped around a modern ICE engine are far, far more complex. Electrics do deal with stuff like regen,and monitoring power usage. How about the automatic transmission failing and spraying fluid all over the ground as you coast to a stop. Not to mention soft failures like limping home after unplugging the wire to a bad MAF, or duct taping a vacuum line keeping the car from idling, broken chokes, blah, blah. Every one of these things has happened to me some more than once.

There are way fewer moving parts in an EV, and far fewer random hoses and wires snaked into cubbies in a hot engine compartment. If your A/C compressor siezes and locks the clutch, in an EV, you pop a fuse, keep going. In an ICE you might snap a serpentine belt, after it screams at you for a bit. This happened to me in my Olds 88, driving thru Texas just outside Midland. That was a fun day. The EV achilles heel is the traction battery systems they just need to improve a bit more.

 

[JWLV]

I have always been mostly my own island. We need a nation doing the same. Independence means others will be trying to take from us even more. So can see why it is avoided. I remember when we tried raise World Standards, we lowered ourselves in the process. takes 2 year or 4 year college degree to get what hs use to get our ppl for education.

This is where our opinions are going to differ. In this age, we absolutely cannot be our own island. Our quality of life will suffer tremendously if we are not part of the global stage. Perhaps it could have been done a hundred years ago. But today, it would a disaster for us to close ourselves off. It'll be bad for us and bad for our allies. But we'll likely suffer the most.

 

[JWLV]

Oddly in the early, early, days most women preferred electric to gas powered vehicles. They were more trouble free, no smelly fuels, no crank starting, etc. Obviously without adequate battery tech and rechargable batteries, eventually the gas powered vehicles took over and the tech improved, electric starters, better fueling options, ... As the battery tech improves I think many of these same advantages will begin to sway general public opinion. It's kind of funny but I've been following EV's for a long time, over and over, the same stories are told even with todays EV's. Once the ladies start driving the EV they don't want to give it back. It's anecdotal, but a repeating theme, I bought this EV and my wife didn't want to go near it, 6 months later she won't let me drive it.

HAHAHA! My wife is exactly the same!
At first she was afraid to drive it because it's different.

Now she has her own Tesla. I've been following EVs as well for a long time, starting from when GM made the GEM.

 

[ksmithaz1]

Guess I disagree with at a little ..... Well, maybe a lot.

Seems to me there should be a plan first. A logical progression of what must happen in what sequence in order to achieve your goal.
Going into panic mode and making a bunch of mandates for EV production and purchase prior to having a plan to actually make them feasible ..... to me is insane.

Musk had a plan. He set up fast charging stations all over the US as he built out production. Tesla has some very innovative tech at their DCFC's. He also mapped where he had access to the appropriate infrastructure and sized accordingly. We see a lot of the more rural EA stations in Wal-Marts, because they had minimum available power specs before they would build a facility, thus the transmission infrastructure around Wal-marts is capable of handling a handful of DCFC's. Further they tend to be located near major highways. This does not solve the overall production issue, but nobody is going to build out production for demand that doesn't exist without someone else footing the bill. Thus allowing the EV market to grow organically would slowly create demand pressure, and slowly increase production to meet that demand, without requiring a bunch of government largesse. Reality is most charging will not be done during peak demand. Most people fill their gas tanks close to home, on the way out or in, and they will charge their EV's in the evenings at home when demand is generally lower.

Unless you live in California, then you are just screwed no matter the car or type.

 

[Hedges]

This is where our opinions are going to differ. In this age, we absolutely cannot be our own island. Our quality of life will suffer tremendously if we are not part of the global stage. Perhaps it could have been done a hundred years ago. But today, it would a disaster for us to close ourselves off. It'll be bad for us and bad for our allies. But we'll likely suffer the most.

With all the resources of the US in North America, we should be able to have a great life without buying, selling, or meddling anywhere else in the world. We could also have imports and exports.

Greatest threat is that we are invaded by someone else greedy for resources or power. So we need a powerful military capability. Leveraging capabilities from elsewhere could boost that.

However, exporting capabilities and then relinquishing them so we are not longer independent, on an island with all we need, will/has left us at risk. We have little high-tech IC or shipbuilding industry. Those will be key to war and defense.

 

[ksmithaz1]

I've also said in the EV forums, Charging stations need to be more friendly. Four phallic symbols with cords in the dark back lot of a shopping center is decidedly sub-optimal. Starbucks or Dunkin or somebody should really capitalize on this, take the station 1/4 mile off the path, put up 8 DCFC's next to a donut/sandwich/coffee shop. Plug in, grab the laptop, cup of Joe & a croissant at a table for a 1/2 hour to an hour. Wal-Mart is not too bad if it's open. They ususaly have a subway or mcd's or something.

 

[Bob B]

Musk had a plan. He set up fast charging stations all over the US as he built out production. Tesla has some very innovative tech at their DCFC's. He also mapped where he had access to the appropriate infrastructure and sized accordingly. We see a lot of the more rural EA stations in Wal-Marts, because they had minimum available power specs before they would build a facility, thus the transmission infrastructure around Wal-marts is capable of handling a handful of DCFC's. Further they tend to be located near major highways. This does not solve the overall production issue, but nobody is going to build out production for demand that doesn't exist without someone else footing the bill. Thus allowing the EV market to grow organically would slowly create demand pressure, and slowly increase production to meet that demand, without requiring a bunch of government largesse. Reality is most charging will not be done during peak demand. Most people fill their gas tanks close to home, on the way out or in, and they will charge their EV's in the evenings at home when demand is generally lower.

Unless you live in California, then you are just screwed no matter the car or type.

I agree that Musk did have a plan .... and it was working. A lot of other vehicle Mfg are trying to catch up by utilizing the charging network Tesla created.
He just fired a bunch of people in the charging division for some reason ..... Does anyone know why he did that?
I saw he made a post on Twitter about putting more focus on maintaining the existing charging network. Maybe he went to charge his Cyber Truck and had a bad charging experience?
He seems to have no problem firing people he doesn't think are performing to expectation.

In my use case, I will probably be charging almost exclusively at home and using a different vehicle for longer trips.

I was talking more about the government mandating in spite of not having a plan.

 

[BKY2003]

I just wish they would enforce this law in Fl.

(3)(a) It is unlawful for a person to stop, stand, or park a vehicle that is not capable of using an electrical recharging station within any parking space specifically designated for charging an electric vehicle.

It gives unneeded range anxiety because so many people park in the EV charging spaces. I won't drive my EV more than what I can charge at home for this reason.

 

[D71]

I’d be driving a hyundai ioniq 5 right now instead of the 2024 rav4 ice. I paid cash don’t like usury….for extended high interest loans.

Hyundai were screwing ppl over bad battery packs and toyota rav4 hybrid were screwing ppl over what appears to been a misapplied motor housing for the electrical cable to motor. So…., ICE.

I was a fan of Hyundai even though they have had problems over the years. I liked that Ioniq5 Test drove one. The stories-actual accounts of Hyundai acting stupid and wanting to charge more for battery pack to replace failed one is not acceptable. Is that customer support acceptable to anyone else …car was still under warranty. They should honor warranty. No honor - no customer. Hyundai went for throw away cars in 1980’s to decent car. Owned 3 of their ICE. Would owned Ioniq 5 but they were not being observant of good customer support and quality care for fixing the mistakes. My last Hyundai also had bad paint known problem for pearl white made by BASF for several brands. Hyundai refused to repair paint. No 3rd strike went to Toyota.

We could very well done much better being our own Island STRONG MILITARY REQUIRED closed borders controlled immigration.
We’d still have allies ….

 

[Bob B]

I just wish they would enforce this law in Fl.

(3)(a) It is unlawful for a person to stop, stand, or park a vehicle that is not capable of using an electrical recharging station within any parking space specifically designated for charging an electric vehicle.

It gives unneeded range anxiety because so many people park in the EV charging spaces. I won't drive my EV more than what I can charge at home for this reason.

Wonder if those people would think twice about doing that next time if the valve stems disappeared from a couple of their tires? They'd be blocking a little longer this time, but maybe their last time.

Not that I'd ever do anything like that.

 

[svetz]

EV Sales picking up in the U.S. & E.U.​

Looks like EV registrations are picking up in the EU... (ref)

​

This reference, with March's registration numbers, show new EV car sales are up...

 

[svetz]

 

[aenyc]

Ford Slashing Prices And Increasing Incentives On Electric Mach-E, F-150 Lightning​

It's not just Tesla...the increasing saturation of the electric vehicle market continues driving down prices as manufacturers strive to remain competitive.

At the same, manufacturers are starting to realize that hybrids present a more cost-effective option than battery electric vehicles due to lower initial purchase prices and the ability to save on fuel without being wholly dependent on charging infrastructure.

Maybe that's why, shortly after reducing the prices of its 2023 Mustang Mach-E in Canada, Ford has cut the MSRP across all trims in the U.S. to respond to softer EV demand, offering additional lease discounts and introducing new incentives for the F-150 Lightning, according to Electrek.


The Mustang Mach-E, an all-electric SUV that debuted over four years ago, has become highly popular, ranking as the second-best-selling electric SUV in the U.S. in 2023. Following a pause in orders last year, Ford resumed sales in May with reduced prices, starting at $42,995. This move came right before the company announced a similar price reduction in Canada, marking a continuous effort to make the Mach-E more accessible.



A spokesperson for Ford said:

The Mustang Mach-E is America’s No.2 EV SUV in 2023 and Ford is America’s No.2 EV brand. We are adjusting pricing for MY23 models as we continue to adapt to the market to achieve the optimal mix of sales growth and customer value.

Ford also highlighted that lessees of the 2023 Mustang Mach-E through Ford Credit qualify for a $7,500 cash incentive, which complements the $7,500 federal tax credit for EV leases that Ford extends to its clients. This means that U.S. customers could see discounts up to $15,000 off the MSRP when leasing a Mach-E. Additionally, eligible purchasers have the option of 0% financing for a period of 72 months.

Source: Electrek
The move away from EV investment and price cuts marks a sea change in attitude for EVs. As we noted earlier this month, the latest example of this was General Motors, who posted better than expected earnings earlier this month but also said that it plans on changing its product lineup to include more hybrid vehicles, drifting away from pure electric vehicles.

CEO Mary Barra said on the earnings call: “Let me be clear, GM remains committed to eliminating tailpipe emissions from our light-duty vehicles by 2035, but, in the interim, deploying plug-in technology in strategic segments will deliver some of the environment or environmental benefits of EVs as the nation continues to build this charging infrastructure.”

Recall, a report from Consumer Reports last year found that electric vehicles have almost 80% more problems and are "generally less reliable" than conventional internal combustion engine cars.

 

[aenyc]

Ford Lightning Price Cut "Sends Shockwaves Through EV Market"​

Shares of Rivian Automotive, Lucid Group, and Tesla Motors moved lower during the cash session in the US after Ford Motor announced price cuts for its electric F-150 Lightning pickup truck amid concerns about sliding demand across the EV industry. Meanwhile, an EV price war between the automakers rages on as unprofitable EV startups struggle to survive.

Let's begin with a Bloomberg report that says Ford is reducing the price of its Lightning pickup truck by up to 7.5%. Earlier this year, the company paused production of the truck and is set to resume production later in the month

The largest price cut is on the Flash extended-range model, where customers could expect to save $5,500. The model now starts at around $67,995. Ford told Bloomberg that price cuts will help it "adapt to the market to achieve the optimal mix of sales growth and customer value."




The downshift in EV demand has led Chief Executive Officer Jim Farley to reevaluate Ford's EV strategy by reducing spending on battery-powered vehicles by $12 billion, delaying the launch of various models, and beginning to offer an expanded lineup on gas-electric hybrid propulsion vehicles across North America.

Thousands of auto dealers nationwide recently warned the 'climate change warriors' in the White House: the 2030 EV push is backfiring.

"Currently, there are many excellent battery electric vehicles available for consumers to purchase. These vehicles are ideal for many people, and we believe their appeal will grow over time. The reality, however, is that electric vehicle demand today is not keeping up with the large influx of BEVs arriving at our dealerships prompted by the current regulations. BEVs are stacking up on our lots," the dealers said.
They warned: "Already, electric vehicles are stacking up on our lots which is our best indicator of customer demand in the marketplace."

Many consumers do not embrace the government's and corporate America's forced EV adoption schemes. This is now entirely backfiring, as even Tesla's first-quarter deliveries lagged behind expectations, which may indicate more price cuts are coming.



"Reports of Ford reducing prices for the F-150 Lightning EV are sending shockwaves through the EV market, particularly affecting Rivian and Lucid," Bloomberg Intelligence analyst Steve Man said.

Man said, "Both startups are facing challenges that could be exacerbated by another round of EV price cuts, potentially eroding their profit margins and cash reserves at a time when they need to conserve cash."

Shares of Rivian dropped the most, down 6.5% in early afternoon trade. Shares of Lucid were down around 2.5%, and Tesla was flat on the session.



Recall analyst Adam Jonas at Morgan Stanley recently suggested consolidation is coming to the industry:



What a turbulent time for the EV space... Someone tell Biden to tell Powell ... moar rate cuts, please, to reflate the imploding green bubble.

 

[aenyc]

Rolling Disaster: Ford Halts 2024 F-150 Lightning Shipments​

Automotive News was the first to report Ford Motor Co. halted shipments of all 2024 F-150 Lightning electric pickup trucks for an undisclosed quality control issue just weeks after slashing production volumes for the EV model due to sliding demand.

A Ford spokesperson did not explain the reasons behind the quality check, but shipments of Lightnings have been halted since Feb. 9. Even with shipments paused, production of the Lightnings continues at the Rouge Electric Vehicle Center in Dearborn, Michigan.

"We expect to ramp up shipments in the coming weeks as we complete thorough launch quality checks to ensure these new F-150s meet our high standards and delight customers," company spokeswoman Emma Bergg wrote in a statement.

Last month, Ford announced plans to slash the Lightning production in April "to achieve the optimal balance of production, sales growth and profitability."



The automaker (and many others, like Mercedes Benz) is recalibrating its electric vehicle strategy as the Biden administration plans to downshift the EV transition as demand plummets.

Thousands of auto dealers nationwide recently warned the 'climate change warriors' in the White House: the 2030 EV push is backfiring.

"Currently, there are many excellent battery electric vehicles available for consumers to purchase. These vehicles are ideal for many people, and we believe their appeal will grow over time. The reality, however, is that electric vehicle demand today is not keeping up with the large influx of BEVs arriving at our dealerships prompted by the current regulations. BEVs are stacking up on our lots," the dealers said.
They warned: "Already, electric vehicles are stacking up on our lots which is our best indicator of customer demand in the marketplace."

A recent note by RBC analyst Tom Narayan said the EV slowdown is far from over:

"Key takeaways thus far from earnings season are that the EV slowdown is not showing any evidence of an inflection, Level 4 autonomy headwinds continue to persist, and fears over supplier inventory overbuild are likely overblown.

Analyst Adam Jonas at Morgan Stanley suggested consolidation is coming to the industry:



Given that Biden's 2030 EV mandate is in full collapse, the downturn in the EV space will likely continue through the second half of this year.

 

[aenyc]

Ford F-150 Lightning fire that prompted recall is caught on police video - Autoblog

Earlier this year, Ford had to recall some F-150 Lightning electric trucks due to a holding lot fire; footage of that incident has been made public.

www.autoblog.com

 

[aenyc]

Ford Will Lose $4.5 Billion On EVs This Year, Up From $2.1 Billion Last Year​

As we first noted last week, Ford is slated to lose $4.5 billion from its EV segment this year, a $1.5 billion larger loss than the company had expected.

So far this year, the division has lost $1.8 billion and this year's $4.5 billion loss figure blows away last year's $2.1 billion loss. Ford also announced that its electric F-150 pickup trucks will undergo a price cut, according to Fox.

Ford beat earnings on Thursday and reported adjusted EPS of $0.72, beating expectations of $0.54. It posted revenue of $45 billion and adjusted EBITDA of $3.8 billion, above estimates of $3.15 billion. We detailed analyst takes on the report late last week in this piece.


The company also raised its guidance, forecasting adjusted EBIT of $11 billion to $12 billion from $9 billion to $11 billion. The company is now guiding for free cash flow of $6.5 billion to $7 billion, from $6 billion.

But reality has sunk in about the company's comments regarding its EV production schedule and spending plans. Price cuts in the industry, led by Elon Musk and Tesla, have thrown Ford's production targets into a tailspin and Morgan Stanley noted on Friday morning that "major changes to the EV strategy" could be necessary, according to a wrap up by Bloomberg.

Ford now says it is "throttling back" on plans to ramp up EV production, the wrap up said. It blamed the price war for EVs as part of the cause and told shareholders it would need another year to meet its target of 600,000 EVs produced annually.

Ford CEO Jim Farley said late last week: "The shift to powerful digital experiences and breakthrough EVs is underway and going to be volatile, so being able to guide customers through and adapt to the pace of adoption are big advantages for us. Ford+ is making us more resilient, efficient and profitable, which you can see in Ford Pro's breakout second-quarter revenue improvement (22%) and EBIT margin (15%)."

CFO John Lawler said yesterday that the company "has ample resources to simultaneously fund disciplined investment in growth and return capital to shareholders – for the latter, targeting 40% to 50% of adjusted free cash flow," Bloomberg added. He now says Ford is "not providing a date" for producing 2 million EVs per year, which was previously the company's target for 2026.

 

[aenyc]

Child Labor in the EV Supply Chain – The Heartland Institute

Summary​

• Cobalt is a necessary metal for the lithium-ion batteries used in electric vehicles (EVs). The majority of this cobalt comes from Chinese-owned cobalt mines in the Democratic Republic of the Congo (DRC).
• Thirty percent (30%) of cobalt from the DRC is mined by non-industrial “artisanal” workers. “Artisanal” mining is a euphemism for low-paid, subsistence miners and their families, including children, living and working in brutal and unsafe conditions.
• Many of the ultimate purchasers of the cobalt, including EV and EV battery makers, belong to various industry organizations supposedly working to ensure that the supply chain does not include cobalt produced by child labor. These organizations, however, have little actual control or influence over the cobalt production. They provide, in reality, little more than fig leaf reputational protection for the EV industry.
• EVs have no environmental or economic justification.
• The EV supply chain relies on Communist China. So reliance on EVs endangers US national security.

 

[aenyc]

-

 

[aenyc]

 

[not.aChef]

EV Sales picking up in the U.S. & E.U.​

Looks like EV registrations are picking up in the EU... (ref)

View attachment 213289
​

This reference, with March's registration numbers, show new EV car sales are up...

end of quarter deals

 

[aenyc]

Ford just reported a massive loss on every electric vehicle it sold​

New YorkCNN —
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall.

Ford, like most automakers, has announced plans to shift from traditional gas-powered vehicles to EVs in coming years. But it is the only traditional automaker to break out results of its retail EV sales. And the results it reported Wednesday show another sign of the profit pressures on the EV business at Ford and other automakers.

The EV unit, which Ford calls Model e, sold 10,000 vehicles in the quarter, down 20% from the number it sold a year earlier. And its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the industry. That resulted in the $1.3 billion loss before interest and taxes (EBIT), and the massive per-vehicle loss in the Model e unit.

The losses go far beyond the cost of building and selling those 10,000 cars, according to Ford. Instead the losses include hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.

And that means this is not the end of the losses in the unit - Ford said it expects Model e will have EBIT losses of $5 billion for the full year.

The company said it is its “intention” to be have EV pricing cover the actual costs of building each EV, rather than covering all the research and development costs, within the next 12 months. But a price war among EVs for about a year and a half has made even that measure of profitability very difficult said Ford CFO John Lawler. He said while Ford has removed about $5,000 in cost on each Mustang Mach-E, “revenue is dropping faster than we can take out the cost.”

In 2023, Ford Model e reported a full-year EBIT loss of $4.7 billion on sales of 116,000 EVs, or an average of $40,525 per vehicle, just more than a third of the first quarter loss.

 

[aenyc]

EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans​

https://www.cnbc.com/2024/03/13/ev-euphoria-is-dead-automakers-trumpet-consumer-choice-in-us.html

KEY POINTS

• Automakers from Ford Motor and General Motors to Mercedes-Benz, Volkswagen, Jaguar Land Rover and Aston Martin are scaling back or delaying their electric vehicle plans.
• Though consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come.
• A broad return to a more mixed offering of vehicles — with lineups of gas-powered vehicles alongside hybrids and fully electric options — assumes an all-electric future at a much slower pace, and it calls attention to ambitious EV targets set for the years ahead.

First step in admitting that EVs are flopping. Noone wants them and everyone who did, already got them.

 

[aenyc]

Where Unsold EVs Go To Die: Belgium's Ports Drowning Under Glut Of Chinese Imports​

Belgium's ports drowning under glut of Chinese electric cars: 'Some are parked here for a year, sometimes more'

Due to China's overcapacity in production – as it aims to capture a quarter of the European electric vehicle market – the ports of Antwerp and Zeebrugge are inundated.

www.lemonde.fr

Belgium's ports drowning under glut of Chinese electric cars: 'Some are parked here for a year, sometimes more'​

Le Monde reports Belgium’s ports drowning under glut of Chinese electric cars: ‘Some are parked here for a year, sometimes more’

Due to China’s overcapacity in production – as it aims to capture a quarter of the European electric vehicle market – the ports of Antwerp and Zeebrugge are inundated.
You probably need to see it to appreciate the challenges the automobile industry faces in transitioning to electricity. You also need to come here to understand how the Chinese industry’s overcapacity has flooded the European market. That morning, as the sun unexpectedly lit up the maze of highways leading to this remote arm of the port of Antwerp, Belgium, a huge cargo ship from the Norwegian company Höegh Autoliners unloaded thousands of cars at one of the terminals of International Car Operators (ICO), a subsidiary of the Japanese group Nippon Yusen Kaisha.
Alongside Swedish-Norwegian Wallenius Wilhelmsen, it is one of the main operators of the now merged port of Antwerp-Bruges, the world’s largest automotive terminal, through which the production of some 40 brands used to transit. But that was before the emergence of their Chinese competitors.

Car Parks​

Quartz reports Cars are piling up at European ports at an alarming rate

Imported vehicles are seriously piling up at European ports, turning them into “car parks.” Automakers are distributors are struggling with a slowdown in car sales as well as logistical bottlenecks that make it hard to alleviate the buildup of new, unsold vehicles.
Some Chinese brand EVs had been sitting in European ports for up to 18 months, while some ports had asked importers to provide proof of onward transport, according to industry executives. One car logistics expert said many of the unloaded vehicles were simply staying in the ports until they were sold to distributors or end users.
“It’s chaos,” said another person who had been briefed on the situation.

This is another part of the escalating trade war between China and the rest of the world.

 

[D71]

Where Unsold EVs Go To Die: Belgium's Ports Drowning Under Glut Of Chinese Imports​

Belgium's ports drowning under glut of Chinese electric cars: 'Some are parked here for a year, sometimes more'

Due to China's overcapacity in production – as it aims to capture a quarter of the European electric vehicle market – the ports of Antwerp and Zeebrugge are inundated.

www.lemonde.fr

Belgium's ports drowning under glut of Chinese electric cars: 'Some are parked here for a year, sometimes more'​

Le Monde reports Belgium’s ports drowning under glut of Chinese electric cars: ‘Some are parked here for a year, sometimes more’

Car Parks​

Quartz reports Cars are piling up at European ports at an alarming rate


This is another part of the escalating trade war between China and the rest of the world.

The deal I see is by going EV we are shifting our oil dollar to Chinese money. Win for them loss for us. The CHINESE - Warren Buffet investment are not really being allowed in with BYD and such. Safety standards? Tax Tariffs? they could own it with cheap priced cars. Did Buffet sell off his BYD?

Problem is Chinese are demanding more money for what they do - slave labor is going away thus cheap prices. we like slave labor or at least ppl running business do to make max profits. rarely do buyers get big breaks unless technology is being out dated.