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Author Topic: After Billions In Subsides, Reality Is Sinking In That EVs May Be The New ‘Edsels’  (Read 926 times)

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Offline rangerrebew

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After Billions In Subsides, Reality Is Sinking In That EVs May Be The New ‘Edsels’
« on: February 29, 2024, 05:14:14 am »
WRITTEN BY DUGGAN FLANAKIN ON FEB 28, 2024. POSTED IN NEWS AND OPINION

After Billions In Subsides, Reality Is Sinking In That EVs May Be The New ‘Edsels’

The year 1957 is memorable for at least two historic launches. The launch by the Soviet Socialist Union of Sputnik, the world’s first artificial satellite, prompted the U.S. to create the National Aeronautics and Space Administration (NASA) the very next year. …

The other historic 1957 launch was Ford Motor Company’s much-heralded Edsel. [emphasis, links added]


Ten years in the making, at a development cost of $250 million ($2.78 billion in 2024 dollars), Ford dealers saw thousands lining up to buy the new dream car that September, but by yearend monthly sales had fallen by a third.

https://climatechangedispatch.com/after-billions-in-subsides-reality-is-sinking-in-that-evs-may-be-the-new-edsels/
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Offline rangerrebew

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Re: After Billions In Subsides, Reality Is Sinking In That EVs May Be The New ‘Edsels’
« Reply #1 on: February 29, 2024, 05:15:29 am »
« Last Edit: February 29, 2024, 05:17:39 am by rangerrebew »
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Online Smokin Joe

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Re: After Billions In Subsides, Reality Is Sinking In That EVs May Be The New ‘Edsels’
« Reply #2 on: February 29, 2024, 09:03:17 pm »
In all fairness, the Edsel was ahead of its time automotively, and the design was a bit radical for the styles that were generally accepted.

EVs aren't ready for prime time, and the whole climate excuse isn't flying.

Put a product out that can compete, on all bases, maybe they'd have more acceptance.

But now you'd still have to overcome the 'If the Government insists you have it, I ain't buying' inertia as well, even if the product was demonstrably better (which it isn't).
« Last Edit: March 01, 2024, 11:45:26 pm by Smokin Joe »
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Offline DefiantMassRINO

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Re: After Billions In Subsides, Reality Is Sinking In That EVs May Be The New ‘Edsels’
« Reply #3 on: February 29, 2024, 11:28:47 pm »
Edsels were not subsidized by Federal taxpayer billions of dollars that will make their way into Chinese Communist Party coffers to finance aggression against the United States and its allies.

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