EV's Will Change Things

[billinin]

@billinin

Yet they (Ford) have chosen to go the hybrid route.

@butler

Well, Tesla has over $10B of profit each of the last 3 years…so…

Which indicates the demand for more BEV from other players doesn’t exist.

@butler

BTW, your Business Insider article is walled.

Don’t know why… I don’t sub. Unless I haven’t exceeded their free clicks mark.

[H200h]

@billinin

Yet they have chosen to go the hybrid route.

So is dropping the BEV more about inability for them or overall economics and demand? The link answers that question.

It’s a lot easier and much more profitable for the big three ICE manufacturers to build, market and service a hybrid than it is to build a BEV.

So why abandon a cash cow and rush into a BEV-only line when you can milk the old ICE and hybrid products for a few more years?

[billinin]

@H200h

So why abandon a cash cow and rush into a BEV-only line when you can milk the old ICE and hybrid products for a few more years?

You would think they would have known that beforehand, Toyota did. But apparently they found out the BEV market demand is not at this time where they thought or under the impression they thought it would be… hence cancelled plans.

[billinin]

@H200h

So why abandon a cash cow and rush into a BEV-only line

I didn’t see where they were going to abandoned ICE SUVs and go with a BEV SUV only line.

[H200h]

@billinin

I didn’t see where they were going to abandoned ICE SUVs and go with a BEV SUV only line.

My statement simply supports the decision they made to curtail BEV production. They are profit-driven and make a lot less money on BEVs than anything with an ICE in it. That’s why they are making such a big case for hybrids. I’m not saying it’s a good thing overall, just that it’s a more profitable thing. Eventually the hybrid demand will “run outta gas.”

ie: “It’s a lot easier and much more profitable for the big three ICE manufacturers to build, market and service a hybrid than it is to build a BEV.”

[billinin]

@H200h

ie: “It’s a lot easier and much more profitable for the big three ICE manufacturers to build, market and service a hybrid than it is to build a BEV.”

But why is that?

I’ll say what I said before in a different way. Then why go down the SUV EV road if they knew this?

The only conclusion is they thought or were led to believe the demand would be there by now. It’s not, it wasn’t so they pulled the plug.

A vehicle manufacturer with the business savvy and experience of Ford Motor Corp just figured out…

@H200h

ie: “It’s a lot easier and much more profitable for the big three ICE manufacturers to build, market and service a hybrid than it is to build a BEV.”

That’s a tall order to believe.

As far as Tesla…
https://insideevs.com/news/715212/tesla-production-deliveries-2024-q1/

[billinin]

Volvo reverses goal to make only EVs in 2030

[NancyM]

@Klimateguy

The batteries for EVs can be 85% recycled to recover not only lithium but nickel, cobalt, copper.

Yes, but will they actually be recycled? I hope so!
Supposedly plastics get recycled, but we all know what a lie that has been!

[H200h]

@NancyM

Yes, but will they actually be recycled? I hope so!
Supposedly plastics get recycled, but we all know what a lie that has been!

Alternatives to recycled plastics as a raw material are plentiful and cheap. Alternatives to recycled EV battery products as raw materials for new batteries are relatively expensive and scarce.

IOW: EV battery recycling is lucrative and recycling plastics isn’t.

Additionally EV batteries will have another 10-20 year life as power time-shifting power banks for solar power production after their useful lives as EV batteries.