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Author Topic: EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans  (Read 345 times)

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Offline rangerrebew

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EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
« on: March 14, 2024, 07:10:57 am »
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EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
PUBLISHED WED, MAR 13 20247:00 AM EDTUPDATED 5 HOURS AGO
 
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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.
 


DETROIT — The buzz around electric vehicles is wearing off.

For years, the automotive industry has been in a state of EV euphoria. Automakers trotted out optimistic sales forecasts for electric models and announced ambitious targets for EV growth. Wall Street boosted valuations for legacy automakers and startup entrants alike, based in part on their visions for an EV future.

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

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Re: EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
« Reply #1 on: March 18, 2024, 06:14:43 am »
WRITTEN BY JOHN NOLTE ON MAR 15, 2024. POSTED IN NEWS AND OPINION

To The Surprise Of No One, Electric Vehicle ‘Euphoria Is Dead’

ev charging station“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,” reports CNBC.

The headline says it all: “EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans.”

Yeah, there’s a shock. [emphasis, links added]


Gee, why-oh-why would people not want to purchase a super expensive vehicle that can take more than an hour to charge — and that’s if you can find a charging station? Via CNBC:

https://climatechangedispatch.com/to-the-surprise-of-no-one-electric-vehicle-euphoria-is-dead/
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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
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