More EV issues...
This from the continent...
Germany’s leading car parts supplier ZF has recently been forced to cut one-fifth to one-quarter of its workforce, owing in part to Chinese competition and in part to “weak demand for electric vehicles.” Other firms like Bosch, Continental, and Webasto have also been forced to “restructure.” Yet the CEOs of these companies continue absurdly to believe in the future of “electromobility,” since the European Union plans to outlaw fossil fuel-powered vehicles as of 2035. The short-sightedness of EU bureaucrats will lead inevitably to market implosion and an economic collapse, and the car-makers have no option, it seems, but to comply with government fiat.
Full article, HERE from PJ Media.
As numerous people have said, they just 'don't' work in rural areas. Not enough charging stations. And now, apparently the EU customers are finding 'issues' with charging, and with Germany closing their nuke plants, I can't help but wonder if they are going to have power issues too.
As we've said here too, it's about control. If you can't charge your EV, you can't go anywhere. And the EU seems to be 'still' determined to ban ICE vehicles by 2035. And there is definitely a move by those in power for the 15 minute cities.
Canada is also feeling the 'pains' and similar issues as we have with distances, etc.
And none of this really takes into account the amount of losses (in the billions of $$$) the big three in the US are taking and the fact that they are pulling back from manufacturing EVs. There are rumors Mercedes, BMW, and Volkswagen may also be relooking at their options, in light of the Chinese cornering the Asian market.
The next few years are going to be interesting, to put it mildly...
When it takes all night to recharge a battery, you have problems, even in urban environs. Then swift recharges kill the battery. Sorry, citizen, your social credit score demands that your car be unavailable until next month. 🤬 You dared to criticize the rioting migrants.
The advantage of electric cars goes to tyrants… The government wanted Elon Musk to command all of his cars sold in Russia to stop working, due to Russian involvement in the War over Ukraine. Musk told them to get bent… Now think what will happen if the government doesn’t like you for a post on social media, they can retaliate by turning off your car… can’t go to work or go to the grocery store if you piss us off, silly peasant.