Ford asks dealers to invest in EVs as it chases Tesla-like profit

[Progeny2021]

Perhaps ironic but with respect to getting a bill based biz as usual in DC, Bill also provides for more drilling leases, a compromise.

I disagree regards tax incentives as they are only credits with income limits designed to make EVs more available to lower incomes, but if it succeeds this piece of legislation is designed to spur creation of jobs in the us and to a degree its already happening.

At one time this is what the usa was all about, developing innovations then capitalizing on the production and selling. So it's interesting following the ev discussion about why the plan won't succeed from ice proponents, most of it has been countered by factual information about technology and the magnitude of investments being made, plus examples of success in other countries.

This transition will create jobs in the hundreds of thousands and I think it's critical that many are created in the USA. Oil companies still make big profits and if you are not aware still benefit from billions of federal subsidies.

You can thank me later.

Sponsored

 

[dtech]

In telluride and just took a walk to my ranger and couldn't help but notice 4 tesla charging stations (no vehicles hooked in) but not a big garage, yes telluride isn't the real world but seeing more ev charge stations at various locations. Not in rural areas but the infrastructure act has a focus on rural areas just like way back in the 40s the rural electrification act provided federal assistance to bring electricity to rural areas which greatly aided farmers and other rural dwellers.

 

[Progeny2021]

Truthful take on the EV conundrum.....

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=207652

 

[Motorpsychology]

Perhaps ironic but with respect to getting a bill based biz as usual in DC, Bill also provides for more drilling leases, a compromise. I disagree regards tax incentives as they are only credits with income limits designed to make EVs more available to lower incomes, but if it succeeds this piece of legislation is designed to spur creation of jobs in the us and to a degree its already happening. At one time this is what the usa was all about, developing innovations then capitalizing on the production and selling. So it's interesting following the ev discussion about why the plan won't succeed from ice proponents, most of it has been countered by factual information about technology and the magnitude of investments being made, plus examples of success in other countries. This transition will create jobs in the hundreds of thousands and I think it's critical that many are created in the USA. Oil companies still make big profits and if you are not aware still benefit from billions of federal subsidies.

Not sure about the job creation. As BEVs have far fewer parts, they are easier to assemble. Battery packs involve little manual labor. Bevs are less maintenance intensive vs ICE. At best, job creation will be about the same or slightly less than it is with ICE. But that is actually a good thing, as there is too few people to fill vacancies in the economy now.

 

[Counting Buck]

We don't have the infrastructure to support the amount of EVs they're trying to force onto the road (looking at you, Cali!). The whole thing is a scam for profits in the name of climate change despite knowing it's too early.

 

[peterson1604]

Truthful take on the EV conundrum.....

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=207652

That's pretty much a let's take a worst case scenario to falsely state that EV's are bad. Do cars ever run out of gas? Lines at gas stations? Wait, with my EV I can charge at home and avoid the 3 plus hour wait to fill up my ICE vehicle. Unfortunately the author of this article has little understand about EV, how they work and power management of accessories. Every vehicle has advantages and disadvantages. Cherry picking one area is bad journalism.

 

[Jbrubakerjr]

I agree with some of what you say Dave but I do believe the grid will be updated via technology and other means we are unaware of including

I agree the government shouldn't force it and the IRA $7500 tax credit for EVs is BS. Tesla and Ford don't need them, they already have a backlog of orders that far exceed production. I don't agree that the grade is going to be a problem. I think in the very near future you're going to see solar shingles and houses with battery packs soon expanding very quickly. Tesla is also building huge battery reservoirs in Texas and California that will provide power. In other shocking news are very liberal Governor even said she was going to look at nuclear power in the state of Michigan. i about ran off the road when I heard that.

As far as solar panels, I do believe that is a PART of the solution. But until utilities buy back (at a reasonable cost) the unused energy, it is cost prohibitive. I just had an assessment done on my home in GA, and the cost AFTER the government tax rebate was still $42,000. The ROI on that may never be realized During my ownership of the house.

 

[Jbrubakerjr]

We don't have the infrastructure to support the amount of EVs they're trying to force onto the road (looking at you, Cali!). The whole thing is a scam for profits in the name of climate change despite knowing it's too early.

Agreed! I think all the green initiative is a scam for profits in the name of climate change. If it wasn’t, why would they all be dismissing nuclear as an alternative means of production?

 

[pbethel]

In the link below it states that in August all 50 states had submitted plans to build out the charging infrastructure, the article also describes how gas stations in Europe are installing fast charging stations, the $7.5 billion allocated in the US to build out 500,000 charging stations isn't intend to cover the entire cost but assist with the required investment - to allow gas stations for instance to be able to invest and receive ROI over time - just like countless other capital intensive projects have been made financially viable. There is a lot going on towards making EVs viable - both globally and in the US with auto makers and private investments, globally automakers have announced and are making over $300B investments in EVs , and investments in global EV charging is projected to reach $360B by 2030. As history has shown however there is always a good deal of skepticism and resistance where transitional technology is involved but eventually the kerosene lamp was replaced as was the horse and buggy and so eventually will the ice auto, it's happening.

https://electrek.co/2022/08/04/gas-stations-ev-charging/

I was using kerosene lamps the whole time I lived in the Alaskan bush. This century. Lucky for me when the electric grid took over they didn't outlaw the old tech as they are doing with ICE vehicles.
The grid will never come to where I lived because its's an inholding in Misty Fiords National Monument. My heirs may be unable to access it if ICE boat engines are outlawed.

 

[peterson1604]

As far as solar panels, I do believe that is a PART of the solution. But until utilities buy back (at a reasonable cost) the unused energy, it is cost prohibitive. I just had an assessment done on my home in GA, and the cost AFTER the government tax rebate was still $42,000. The ROI on that may never be realized During my ownership of the house.

I totally agree. They're so worried about competition and profit they are doing anything to limit growth. I believe this will change eventually because they'll have no choice.

 

[dtech]

More studies about EVs carb footprint vs ICEs , Ford funded study mentioned in article which also discusses some of the objections to EVs raised on this site , at the risk of bannishment link to the article:

https://www.nytimes.com/2022/10/19/business/electric-vehicles-carbon-footprint-batteries.html

 

[Cmar]

As far as solar panels, I do believe that is a PART of the solution. But until utilities buy back (at a reasonable cost) the unused energy, it is cost prohibitive. I just had an assessment done on my home in GA, and the cost AFTER the government tax rebate was still $42,000. The ROI on that may never be realized During my ownership of the house.

Wow how many kilowatts was that for? We put on solar back here in 2017 cost about $7500 Aud for 6.0 Kw. By a few changes to our household routine (run all the power sucking stuff during the day) we were able to cut our bill by enough to break even in about 4 years. Of course were are in the high subtropics and get quite a lot of sun, say about 14 odd hours in summer and 8-9 in winter. My wife has an electric car which she charges at work, or during the day at home for free (well not quite free, technically we are loosing $0.08 per KWh by using it to charge the car rather than putting it back into the grid). I wouldn't want to take a long road trip in it, but we always have the Ranger for that.
The solar industry over here is heavily subsidized because the government finally realized that it's cheaper to do that, than keep building new power stations. Now they are starting to subsidize batteries as well.

 

[Cmar]

The problem for Ford vs Tesla is that Ford is trying to sit on the fence and splitting it's time and resources, across two different technologies, and Tesla is a one trick pony.

 

[Cmar]

It's easy to sell directly to the customer when your vehicles, don't require oil or filter changes, need very little in the way of routine services, and many things can be fixed via a WiFi software update.

If Tesla dealers had to live on the conventional dealer model, they'd starve.

Mmmm let me see you get a letter from your Tesla dealer "A friendly reminder sir that the air in your tyres is due for a change" Our Tesla replacement air is captured from the pure clean heights of the Alaskan mountains, carried here in stainless steel tanks, and triple filtered before putting it in your tyres.

It's also Nitrogen enriched to 78%

 

[Cmar]

What can we as individuals do to put a stop to this madness, I hope for the astronauts sake that Space X isn't using the same defective lith-ion batteries to power their rockets. What if they get locked out their capsule owing to a bad battery ? yikes.

I don't know what your issue is, they can call the help line on their sat phone and wait on hold for 4 hours with their 2 hour supply of air.

Sponsored