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Friday, January 12, 2024

The OnGoing EV Story

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EV’s are an evolving product and technology that will play a major role in future vehicles. However, it’s clear that governments are mandating developments and changes with arbitrary timelines that will Not be met and that will waste and misdirect major investments and may impede customer acceptance.
The Hertz Rental experience is interesting because that is where many potential customers may ‘try-before-you-buy’ an EV.
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Hertz selling 20,000 EVs from fleet, to reinvest in gas-powered vehicles
Hertz unloading EVs from its fleet (foxbusiness.com)
      (may have to copy-paste link into browser to view fox article)
The offloading of those EVs will cut the company’s global EV fleet by roughly one-third, Hertz said in a filing with the Securities and Exchange Commission.
The rental car giant said it would allocate funds it gets from selling the vehicles toward purchasing more internal combustion engine vehicles "to meet customer demand."
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CEO Stephen Scherr said in late October last year that electric vehicles were approximately 11% of its overall pool of vehicles. Its global fleet averaged 590,000 vehicles – including ICEs and EVs – in the third quarter, according to the company’s chief financial officer.
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The EV CATCH-22
http://roanokeslant.blogspot.com/2023/10/the-ev-catch-22.html
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EV Reality Setting In At 9%
http://roanokeslant.blogspot.com/2023/10/ev-reality-setting-in-at-9.html
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The EV Revolution
http://roanokeslant.blogspot.com/2023/02/the-ev-revolution.html
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Biden goes with China EV parts and technology
Biden’s EV charging plan reversed by Congress, teeing up latest veto
Joe Biden's EV charging plan reversed by Congress, teeing up latest veto - Washington Times
The House voted Thursday 209-198
(why would 198-Democrats vote to favor China? over US workers?)
to end a waiver from the Federal Highway Administration temporarily lifting so-called “Buy America” requirements for government-funded EV chargers to be sourced with domestic materials.
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China-EV’s: Feeding The Hand That Bites US
http://roanokeslant.blogspot.com/2023/04/china-evs-feeding-hand-that-bites-us.html
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