BMW Ends ICE Production in Germany! Mercedes?

You've obviously aren't real familiar with accounting. You see, revenue minus expenses equals profit/loss. From your numbers, they had revenue of $158.1 billion with a loss of $2.1 billion.

Which means their expenses were $162.2 billion.

No bias in sight anywhere.

 

In this country light duty vehicle sales are 15-18 million units annually. To keep things simple, let's just set that at 16 million vehicles annually.

The current EV market runs about 7% annually or just over 1 million units a year.

EPA is currently finalizing CO2 regulations that will require manufacturers to sell 67% of their vehicles as EVs by 2032, or 9 years (actually rapidly closing in on 8 years but I'm trying to be generous). That translates to just under 11 million vehicles.

That math means car companies must sell (EPA requirements are hard stops, when they say must, it means must, or you won't sell anything at all) a little over 1 million more EVs every year for the next 9 years (and here's the kicker) whether anybody wants them or not.

Never before in US history has the government determined what must be sold in a free market. Ever.

The implications are staggering. Including the destruction of one of our biggest and well-established vital industries.

Not to put too fine a point on it but be afraid. Be very afraid.

 

Really? Can you manufacture and market cars without seatbelts?

Meh, it takes more than that to scare me.

 

All true. And, I agree it is serious for humans.

Displacing labor with machines is going on throughout our economy.

We need unions. We need to seriously expand our vocational training to make sure people have the guidance and material to advance. Education/ training can't stop when the person gets some degree. We need to take employment seriously.

We are all workers.

 

NHTSA can and has (they have a good, old fashioned Congressional mandate for that) mandated a number of safety features and tests to prove their effectiveness. Similarly, EPA mandates pollution reduction technologies (for real honest to God pollutants), again, mandated through the Clean Air Act passed by Congress (note that CO2 has never been considered a pollutant and it's regulation was mandated fraudulently by Supreme Court decision).

But neither of them have mandated the extinction of something so pervasive and vital to modern life as the internal combustion engine for the simple way that it works.

 

True - they haven't met their goal yet.

However, they're a long way ahead of the USA.

 

I think you mean EVs of today.

You can't rate the industry by what exists today.

Plus, 500 mile range is available today, and that's not "local runabout".

 

So, the SC is where you go for your science??

China has set pollution standards that are driving US autos out of the country.

Using our "Clean Air Act" and mileage requirements as a measure of what is "good" is preposterous.

The "vital" need of ICE cars is our history to date. It's not an evaluation of the future.

 

Most cars in cities will not do 500 miles per month!

 

I'll believe that when I see it.
Edmunds Tested: Electric Car Range and Consumption

Edmunds
https://www.edmunds.com › News



Nov 14, 2023 — EPA Estimates. This chart shows an electric vehicle's official EPA range and energy consumption compared to the range and ...

• The GMC Hummer EV, BMW i5, Kia EV9, Hyundai Ioniq 6, and a gaggle of new Mercedes-Benz EVs join the leaderboard
• There are 33 EVs in Edmunds' 300-mile-plus club
• Every Tesla we've tested has failed to hit its EPA range estimate † (read our follow-up test) . . . .

 

Most multi-vehicle households have one for local use and one for longer trips. The EV is suitable for the former but not the latter.

 

I'm an automotive powertrain engineer by trade. That's where I go for my science.

And I've worked as a Director of Government Relations and Compliance for a major international truck and construction equipment manufacturer. That's where I go for my politics related to my science.

Now where do you go for your understanding of English because that comment is largely incomprehensible.

 

And that's the only application where EVs can begin to be competitive.

 

The critical weakness of EVs is they are terrible under load. And there's nothing available even on the horizon that will fix that.

 

Yes, nobody so far has made a good pickup that will do everything an ICE pickup will do.

We'll see how the Tesla pickup does.

Maybe legacy auto should all focus on the pickup market, and EVs should focus on Semis and cars.

 

Semis not so much.
6 Problems With Electric Semi Trucks

MUO
https://www.makeuseof.com › Electric Vehicles



Mar 30, 2023 — Assuming you're driving a semi truck with two 120-gallon tanks, you'll end up with a very healthy driving range of approximately 1,560 miles.

‎3. Limited Range · ‎4. Cold Weather Affects The... · ‎Electric Semi Trucks Are...

 

Semis also operate under heavy loads. The Tesla semi, outside of the cherry picked easiest drive cycle they could find, is still massively awful as a heavy duty truck of any sort.

 

You referenced the SC as ruling that climate change is a joke - as if the SC was a source of climate science.

And, you forget that burning oil products on our city streets is incredibly expensive in healthcare - that we subsidized through taxes.

So, I go to other sources for health and climate sciences.

Why would your employers lobby against electric technology???

 

Oh, and several years ago now, trucks outpaced cars and became the best selling vehicle segment in the country. Mostly because fuel economy standards have made cars increasingly useless over the last 45 years or so.

The potential share where EVs are appropriate is disappearing because even less wealthy folks (that will incidentally never be able to afford an EV) still occasionally need their vehicle to do work.

 

Tesla - Elon is going to go broke. But how many do daily 300k journeys?

 

We call them “Toorak Tractors” after a famous elite suburb in Melbourne. People who are more interested in showing off than utility

 

These are companies who have placed orders for the Tesla Semi so far:

• Walmart: One of the first major companies to reserve the trucks, the retailer has made aggressive investments in technology in recent years as part of its effort to compete with Amazon.
• Pepsi: Pepsi previously had the largest Semi order, reserving 100 trucks in December.
• Anheuser-Busch: The brewer announced it ordered 40 Semis in December.
• Sysco: The food distributor has reserved 50 Semis.
• UPS: The delivery company placed the largest Semi order to date, reserving 125 trucks on Tuesday.
• DHL: The transportation and logistics company has reserved 10 Semis to add to its fleet.
• Meijer: Based in Michigan, the grocery chain has ordered four of the electric trucks.
• Ryder: The transportation company reserved an unspecified number of Semis in November.
• J.B. Hunt: The trucking company is set to purchase "multiple" Semis, but hasn't revealed the exact number.
• Asko: The Norwegian food distribution company has ordered 10 Semis.
• Flexport: Ryan Peterson, the freight company's CEO, announced the company has ordered one Semi.
• JK Moving: The independent moving company has reserved four Semis.
• Loblaw: After ordering 25 Semis, the Canadian supermarket chain announced plans to make its trucking fleet 100% electric by 2030.
• Fercam: Based in Italy, the trucking company has reserved a single Semi.
• Girteka Logistics: Not to be outdone by Fercam, the European transportation company also announced its plans to invest in one of Tesla's electric trucks.
• Fortigo Freight Services: The Canadian logistics company reserved one Semi.
• Best Transportation: The shipping company also ordered one Semi.
• Mecca & Son Trucking: According to Jalopnik, this trucking company has reserved one Semi.

 

Did you read the Edmunds assessment?
"Every Tesla we've tested has failed to hit its EPA range estimate."

Beyond that, the question about daily 300k journeys is meaningless.

 

So what? Just PR or short-haul use.

 

Surely CUSTOMERS will cherry pick the routes, too.

Not every semi needs to haul a triple over the Rockies.

And, EV Semis have far lower fuel and maintenance costs.