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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (1446396)	3/13/2024 2:03:05 PM
From: Broken_Clock	1 Recommendation Recommended By longz Read Replies (2) \| Respond to of 1574406

Source: Insider Newsletter Issue 191FLIP FLOPIt’s almost like there’s something wrong with the idea of EVs. I can’t put my finger on it. Maybe it’s the fact that when you trot down to your neighbourhood EV dealer, stopping for a soy latte and some tofu, you’re buying an expensive iPhone on wheels (and we all know what the resale value of a 5 or 10-year old iPhone is like). You tell yourself you’re excited to be saving the planet as you power the bad boy up with some vegan electricity subsidised by the pronoun compliant guvmint, but now those subsidies are now being pulled (governments are bankrupt — surprise), and your vegan electricity is being imported from Indonesian coal mines and it’s costing a lot more than your old planet killing V8 supercharged testosterone-boosting muscle car and you’re pissed. Or maybe it’s the cost? Or maybe most people just don’t appreciate being forced to switch their car because the alphabet people say so? It could be any of these things, but you know what? If you ask me, it’s quite simple. It is this very simple metric by which so much of human behaviour can be deduced. When it comes to buying isht, what folks want is a high quality item at a reasonable price and one that is more competitive than alternatives. The fact is that when it comes to their wallet nobody gives a pig’s arse about saving the planet. And THAT, my friends, is where the EV fraud stumbles, trips, and then jarringly smashes its face into a brick wall of reality. And this brings us to our beer-drinking, bratwurst-eating friends — some of the best designers and manufacturers of cars ever. The Germans, specifically, Audi, who are doing a massive U-turn on electric vehicles. DROPPING their earlier goal of producing only electric vehicles by 2026. And they’re not the only ones. Audi puts big EV push on the back burner CEO Gernot Döllner told Bloomberg. “In the end, we decided to spread it out to not overwhelm the team and the dealerships. Hahaha! That’s what he actually said to Bloomberg, but you know what he’d say to his mates down at the local beer hall? He’d tell them what an insider in the European automotive industry told us over a year ago — that there is bugger all demand for these stupid things and that many of the European auto manufacturers were going to land up being stuck with unwanted inventory… and some would probably “not make it through.” Speaking of “others.” Mercedes Benz are also doing the same. They are bailing on EVs and instead are ramping up production of ICEs. Mercedes-Benz delays electrification goal, beefs up combustion engine line-up The company now expects sales of electrified vehicles, including hybrids, to account for up to 50% of the total by 2030 – five years later than its forecast from 2021, when it aimed to hit the 50% milestone by 2025 with mostly all-electric cars. And perhaps most curious of the bunch: Apple. After 16 years of teasing entry into the EV market, Apple just bailed on their long-awaited electric car. After 16 Years, Apple Abandons Work On Electric Car One other thing worth mentioning is that Apple sits on a gobsmacking $162 billion in cash. And even with all that cash, they decided to pass on the “EV revolution.” What to make of all this? As we like to say around here, everyone is a greenie until it hits their pocket. It seems to me that maybe, just maybe, Audi, Mercedes, and Apple have figured out that EVs are not the silver bullet they were promised to be. And speaking of Apple, guess what they’re focusing on instead… Many employees from the Special Projects Group (SPG), responsible for the car, will transition to the artificial intelligence division led by executive John Giannandrea. Their focus will shift to generative AI projects, aligning with the company’s evolving priorities.

To: Eric who wrote (1446396)	3/13/2024 2:45:46 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1574406

Eric, Yep, and there are a bunch of other wanabe BEV manufactures right behind them chomping at the bit. Let me revise what I said, because I now realize that calling BYD "the next Hyundai" was actually a compliment. There are reasons why Hyundai succeeded and other cheap-ass foreign auto makers didn't (e.g. Yugo, Daihatsu, Daewoo). But that's another topic. Right now, I see BYD as nothing more than another Daihatsu at best. They're probably not much better than RuZZia's Lada. Are they going to make EVs that will sell to the masses in the international market? Maybe, especially in super-crowded cities like Karachi, New Delhi, and Bangalore. Getting a good portion of those markets onto EVs will certainly help with their severe air quality problems. Will they come here? Probably not, especially since Sino-U.S. relations are deteriorating. Will something like it make it to the U.S. market? Again, probably not. I can't see any self-respecting American wanting to drive something that cheap and unreliable. Tenchusatsu