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GM CEO Just Shut Down EV Production

Posted by deleted 9 months ago to Business
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GM can't get it done, Ford is soon to follow. Musk is still the leader, yet everyone is experiencing cold weather battery problems and some people are having battery fires.

It's telling that the 3 big manufacturers met with Biden for government aid, and they are shutting down or about to shut down their EV lines. More government investment wasted, stolen? Or just economic reality setting in?

Musk who was not invited, is still doing fairly well at it. His EVs are still subject to the same battery problems.

I don't mind people who want EVs having them. I just don't want to have to pay more taxes so they can drive them. I don't want gasoline vehicles outlawed.

If anyone could come up with a stellar battery EVs could be viable. But so far, we would just be trading oil dependence for mineral dependence...not to mention all the oil needed to mine the minerals...

Yeah let's stick to nuclear and hydrocarbons. Let those who want to invest in renewables invest as they please.

SOURCE URL: https://www.youtube.com/watch?v=VvpP8v7DCSY


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    Posted by $ AJAshinoff 9 months ago
    This is what happens when you ignore the word "emperical" in science, marketing, and business.
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    • Posted by tutor-turtle 8 months, 4 weeks ago
      From cradle to grave, EV's create more actual pollution that ICE cars.
      They cost more to run.
      Chew through tires 4X faster than ICE autos.
      Long trips are simply out-of-the-question. Full stop.
      The dangers of LiOn Batteries continue to be a cause of concern. They are fragile and so expensive, if they have to be replaced, for any reason, the car is a total loss.
      They are too damm expensive for what you get. Car companies lose money on every sale, and this is with massive government subsidies (i.e. your tax dollars)
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      • Posted by mccannon01 8 months, 4 weeks ago
        I'm seeing "EV mechanics wanted" at dealerships near me. I figure the longer EV products are on the market the number of them needing repairs will increase. If there aren't enough mechanics to fix them, then the longer the wait to get your car back - go rent an ICE vehicle.
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        • Posted by tutor-turtle 8 months, 4 weeks ago
          All modern cars have a plethora of computers onboard.
          EV's have an order of magnitude more computers than their ICE types.
          As anyone who has worked on cars, new or old, you know electronics and the harsh environment automobiles exist in don't mix.
          The days of backyard mechanics are long over.
          Todays mechanics must take advanced electronics courses to start mucking with modern cars.
          The CAN bus (been around for 25 years or so) runs everything.
          My 2004 MINI Cooper S had no less than 28 computers in it. When the battery went south, the whole car went haywire. Some things worked, just not the way they were supposed to. Until I replaced the battery, it was undrivable.
          My new cars are too new to worry about yet, but when they start getting long in-the-tooth, it's going to be big trouble.
          EV's have one huge disadvantage, if you strike debris on the road and ding the bottom where the battery lives, you have to replace the battery...
          In the KIA Iconic, that's a $60,000 repair bill. It's not covered under the warranty. The car is essentially totaled. I'm not sure if insurance covers it.
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          • Posted by term2 8 months, 4 weeks ago
            Insurance will TOTAL the car and you get a check and NO CAR. You get to go get a new one and deal with the loan you took out on the old and not totalled one/
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            • Posted by tutor-turtle 8 months, 4 weeks ago
              I have heard... The insurance is way* above the norm for an EV.
              Like another car, as soon as you drive it off the show room floor, it's worth some % less of what you just paid. If you had only 100 miles on it, sure you'd be close.
              Typically people are averaging 20K/year.
              In a few years it might be worth half of what you paid new. (Model dependent, some cars hold their value better than others)
              Correct me if I'm wrong there.
              I don't see an insurance company giving you full new price on your used (totaled) car.
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          • Posted by 8 months, 4 weeks ago
            People will have to have EV replacement insurance with a premium of $1000 a month to cover a battery!
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            • Posted by tutor-turtle 8 months, 4 weeks ago
              In reality the bottom line: if forced into electric only transport, there is no way the existing grid can support it. No way. No how.
              Fun fact, by 2027 it is estimated AI will be using 30% of the grid capacity.
              Get out your #2 pencil and do the math.
              Total Grid Collapse.
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      • Posted by term2 8 months, 4 weeks ago
        Why do EV go through tires fast. I have watched a number of Utube videos that talk about the fact they go thru tires fast, but I haven't heard why.
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        • Posted by tutor-turtle 8 months, 4 weeks ago
          Electric cars have incredible torque. Their 0-to 60 times can't be beat. The top Tesla model (tri-motor) is just under 2 seconds.
          Only traction control keeps them from doing a burnout at every traffic light.
          Then there is the regenerative function used to assist braking action, capturing energy back to the battery instead of brake wear.
          Great concepts both, but brutal wear on tires.
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          • Posted by term2 8 months, 4 weeks ago
            For what its worth, I stopped being interested in major acceleration a while back (being 78 now). I hardly ever floor the accelerator in my ICE cars. The car is there to get me from A to B in comfort, and it needs to last a long time. 2 second 0-60 might b exciting ONCE, but after that , its kind of useless.
            I do like the regenerative braking, and if they used less powerful motors I would be ok with that. The Lithium batteries arent really a good solution to be used in something that gets into accidents when the batteries catch fire and explode. Gasoline is a great storehouse of energy, as is diesel. Lithium batteries are a far cry from the energy density of gasoline, or the energy per pound. When better energy storage is discovered, I will be more interested in electric vehicles.
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  • Posted by freedomforall 9 months ago
    The woman is a corrupt Deep state thieving looter.
    Shut down GM and give any proceeds to the People it was stolen from.
    GM stockholders should sue the CEO for every penny paid to the incompetent moron.
    CO2 is good, not bad.
    All the "climate" experts are lying Deep State scum.
    Every cent stolen by government and given to buyers of EVs should be taken out of the hides of the traitors in government- one piece of flesh at the time- then execute them for treason.
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    • Posted by term2 8 months, 4 weeks ago
      GM had the VOLT, which seemed to me like a reasonable car. No range issues, cause it had a small gas engine also. I rode in one several times, and it seemed OK to me. Then GM kills it, and changes to full electric BOLT. No they are trying to compete with the F-150 which is worthless once you try to pull a trailer or load it down with things a pickup is there for. GM management is just STUPID
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  • Posted by $ rainman0720 8 months, 4 weeks ago
    I think it's the economic reality setting in. I knew there would be a market for EVs and that they would sell (reasonably) well for a while. But the real question was always, what then? What happens when those who wanted an EV got one, and everyone else who didn't want one (like yours truly) replaced two gas-powered cars with two new gas-powered cars? We're seeing the answer to that question now. And while I feel badly about those EV owners who got stranded during the recent cold snap, I can't really feel too badly; the old adage "be careful what you wish for...you might get it" seems to be in full bloom. Reality has set in, and it's ugly.
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    • Posted by term2 8 months, 4 weeks ago
      leftists dont live in REALITY, they live in ideology. But in the end, REALITY wins over Ideology every time in the real world we all live in. Lets hope enough people understand this in 2024 and get rid of woke-ism
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      • Posted by $ rainman0720 8 months, 4 weeks ago
        You're absolutely right; lefties don't live in THE reality. They live in THEIR reality which you correctly point out is based on ideology.

        I've gone back and forth with this whole 2024 election thing, and I've drifted back in the "who gives a shit? dems will steal another election" mindset. Which means we can't get rid of this lunacy and idiocy known as woke-ism, since fair elections are a thing of the past. Which means reality itself doesn't win, since it's not a fair fight.

        Oh, I'll swing back the other way and back & forth several times between now and November. I will vote; I'm just not sure whether I'll be hopeful or apathetic.
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        • Posted by term2 8 months, 4 weeks ago
          Trump should emphasize the fundamental difference between reality and ideology. Leftist wokeism just doesn't work! Go woke= Go Broke.

          People on the street have to live with the results of the leftist ideology. They cant go to the French Laundry for a $500 meal, so they have to cook at home cause eating out is too expensive post-inflation.
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  • Posted by $ allosaur 8 months, 4 weeks ago
    At the end of my state corrections career I semi-retired bounced around to work for four different contract security companies such as Wackenhut between 2003 and 2013 (state retirement payments starting 2007) and one of those companies actually hired me twice. Me dino was always chasing a better paycheck, you see.
    On every job application there was always this yes or no question: "Do you have reliable transportation?"
    Me dino could always mark "Yes." Why? I never owned an EV in my entire life and never will.
    Why? I am not a glutton for punishment. Not even now that I am fully retired.
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  • Posted by $ Radio_Randy 8 months, 4 weeks ago
    Let's not forget the small startups that have failed in their attempts to catch a ride on THAT gravy train.

    Wonder where Californians will buy their new cars when Newsom's edict goes into effect...maybe CA can pass a law that you can only purchase USED cars, much like their recent law on buying pets.
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    • Posted by $ rainman0720 8 months, 4 weeks ago
      Seems that EVs don't fare any better in salt-water flooding conditions than gas-powered vehicles do. I heard a couple stories regarding the dangers of EVs catching fire during flooding.

      (So EVs suck the big one in cold weather. And if you live in an area subject to hurricanes, you run the very real risk of your EV spontaneously combusting. Makes me appreciate my gas-powered cars and their 550 mile ranges and thier non-spontaneous-combustability all the more.)

      Anyway, the article below regarding exploding EVs is from September 2023. Here is an excerpt:

      "Dunedin Fire Rescue, located in Pinellas County west of Tampa, confirmed crews responded to a fire Wednesday afternoon, hours after Hurricane Idalia blew by in the Gulf of Mexico.

      'If you own a hybrid or electric vehicle that has come into contact with saltwater due to recent flooding within the last 24 hours, it is crucial to relocate the vehicle from your garage without delay,' the post by nearby Palm Harbor Fire Rescue reads. 'Saltwater exposure can trigger combustion in lithium-ion batteries. If possible, transfer your vehicle to higher ground.' "

      Here's the full article: https://www.usatoday.com/story/news/n...
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  • Posted by $ pixelate 8 months, 4 weeks ago
    AMLI American Lithium stock crashed hard today. More of the same to follow.
    Net Zero is a mathematical and physics folly.
    The EVs just have a conceptually longer tailpipe in terms of emissions.
    So many of the dangers and pitfalls of EVs are identified and explained on this channel: https://www.youtube.com/@MGUYTV
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  • Posted by $ 25n56il4 8 months, 4 weeks ago
    I've seen an increase in my town of older citizens buying Harley Davison's Free wheelers. MY son bought one, parked his car, and said it's only half of what I would pay for a new vehicle and the gas usage is amazing. It weights 1,000 pounds and I love it! This estimated cost includes insurance! I didn't even argue but he promised only to drive it around town, not out on the highways.
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    • Posted by mccannon01 8 months, 4 weeks ago
      Greetings, 25n56il4. Your post got me interested so I looked it up and, ouch, those things are rather pricey for my blood. Near $30k for a new one and I'm in snow for a good part of the year. They look awesome, though, and I still have a motorcycle license.
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  • Posted by $ Stormi 8 months, 3 weeks ago
    This is great! It was all based on climate lies. The car folks did nto wnat EVs, we bought a new gas Camaro this year. They pay these CEOs millions, and we cold have told them from the start, no demand, no grid capabilities, too many fires! Yet Toyota just announced billiosn to be put into Red states to produce EVs, deah wish? Worse, the EV battery makers had increased the plastic casing on battereis 10 fold, which meant any fire, the firefighters and nearby humans would be dealing with dioxin poisoning!
    Teska us bit gine free, they are still having iseus with fires. Alos, their foreign dealers want to censor X in return for selling Musk's cars, looking for what they define as "misinformation," which too us is truth telling likely.
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    • Posted by 73SHARK 8 months, 3 weeks ago
      Where did you see the info about Toyota pumping money into Red states to build EVs? I just saw a news report that they were not only the leading world manufacturer of cars, but were not going to build EVs. They were sticking with the hybrids because they can actually sell those.
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  • Posted by term2 8 months, 4 weeks ago
    Leftists only are concerned with the power to force people to do what THEY want. They don't care about the results of what they mandate. They don't care at all.

    If you don't like what they made you do, they essentially tell you to quit whining and just find a way to do what they want AND avoid the stupid consequences of their mandates. So as long as Biden gets electric cars, its up to us to find a way to get the materials, produce the electricity, and make it all safe= OR just don't drive...
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