Electric vehicles, pros and cons. Have your say.
- Jerzy Woking
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- Jerzy Woking
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Re: Electric vehicles, pros and cons. Have your say.
Not seen one EV in Morocco, nor a charging point anywhere.
- LynehamHerc
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Re: Electric vehicles, pros and cons. Have your say.
Yet solar powered ones would be ideal.
There must be some sort of catch in all this EVangelism (sorry).
There must be some sort of catch in all this EVangelism (sorry).
- Scruffy Bodger
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Re: Electric vehicles, pros and cons. Have your say.
https://edition.cnn.com/2024/04/24/busi ... dium=email
New York
CNN
—
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall.
Ouch.
New York
CNN
—
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall.
Ouch.
- LynehamHerc
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Re: Electric vehicles, pros and cons. Have your say.
The EU is one thing given the Commission dictats but I expect the US shareholders to push back hard on their domestic manufacturers.
Re: Electric vehicles, pros and cons. Have your say.
They are just beginners at losing money on ev's. That giant Chinese property company that went bust recently had an ev department. They managed to lose over $5billion without producing a single car!Scruffy Bodger wrote:https://edition.cnn.com/2024/04/24/busi ... dium=email
New York
CNN
—
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall.
Ouch.
Edit - it's called Evergrande EV technologies, lost $10 billion, but actually managed to sell 760 cars an 2023.
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- Scruffy Bodger
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Re: Electric vehicles, pros and cons. Have your say.
https://www.businessinsider.com/rivian- ... nbc-2024-2
https://www.businessinsider.com/apple-i ... 024-2?op=1
https://carbuzz.com/news/rivian-and-luc ... ure-plans/
It seems they are all competing to lose as much as they can. Lucid is doing pretty well with an estimated loss per electric vehicle of around $377,000.
https://www.businessinsider.com/apple-i ... 024-2?op=1
https://carbuzz.com/news/rivian-and-luc ... ure-plans/
It seems they are all competing to lose as much as they can. Lucid is doing pretty well with an estimated loss per electric vehicle of around $377,000.
- LynehamHerc
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Re: Electric vehicles, pros and cons. Have your say.
Some of it will be down to their accounting policies, for example how they allocate R&D costs etc. to vehicles and over what time frame. The key is cashflow, as Boeing is now finding out for a different reason. It's more complicated than that but this should be enough to trigger a nap for Mario.
/Beancounter Out/
/Beancounter Out/
- paulplom
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- paulplom
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Re: Electric vehicles, pros and cons. Have your say.
The commentary is great.
https://www.facebook.com/share/r/1GjoTeSKFDjaWWad/
https://www.facebook.com/share/r/1GjoTeSKFDjaWWad/