Well, the canary in the coal mine just chirped.
Arnaud Deboeuf – who is Chief Manufacturing Officer at Stellantis, the automotive combine that owns the Chrysler/Dodge/Jeep/Ram truck brands, among others – said publicly the other day that the automotive industry is doomed if it continues to pretend it can sell electric vehicles at the prices electric vehicles are currently selling for.
“The market will collapse,” he said.
No doubt. For the obvious-but-adamantly-unacknowledged reason that only a small percentage of the car market buyer pool is affluent enough to pay at least 30-50 percent more for their next new car – which is the price differential between electric cars and their non-electric equivalents.
The disparity being greatest in the economy and family car segments – the segments that account for the bulk of new vehicle purchases.
The actual disparity is even more than that, courtesy of the Biden Thing – who has caused the purchasing power of the money people have to use to buy everything to decline by 15 percent in just one year. This means that a Nissan Leaf that cost about $28k last year (for the version that can maybe get you 150 miles down the road) now costs 15 percent more than it did, courtesy of the Thing.
And not just 15 percent more, when you consider that in addition to needing more devaluing dollars to buy electric cars like the Leaf, everyone needs 15 percent more dollars to buy everything else, including things like food. This leaves fewer of those depreciating dollars to buy things like electric cars.
Or any cars, for that matter.
But electric cars are the most expensive cars because of all the hidden costs the “media” refuses to inform the populace about – including the cost of having to spend many thousands of additional devalued dollars on a new battery pack probably right around the time the mark who bought the EV is close to having paid off the EV. Not to mention the cost of the wiring upgrades needed at home to get back on the road in anything less than overnight – all this talk of “fast” charging notwithstanding. Even after those wiring upgrades, the EV won’t move for several hours – the time it takes to recover a partial charge on the “fastest” charging (240 volts) you can do at a private residence.
EVs have been sold to people – most of whom cannot afford to buy them – on a combination of high-performance (e.g., the ability to accelerate very quickly, albeit very briefly), techno snob appeal and virtue-signaling. Owning a $50,000-plus EV is the modern way to do what Minnie Pearl did back on HeeHaw – some will remember the show – which was to show off her latest hat and how much she paid for it, by dangling the price tag.
But it is impossible for most Americans to do what Minnie Pearl did – as regards electric cars – and that was the warning emanating from Deboeuf.
It does not matter whether EVs are “green” – though the assertion is almost as silly as the assertion that wearing a “mask” prevents people from getting or giving sickness, given that more supposedly “climate changing” C02 is “emitted” (fatuous, dishonest term) in the process of manufacturing an EV and powering one than is produced during the manufacturing and driving of a gas-burning economy car – which does not consume anywhere near the amount of power that energy hog electric cars burn up.
Italics to emphasize the fact that about 80 percent of the power used up by electric cars – to power up the massive battery packs that power their “clean” electric motors (that part is true) is generated by turbines at utility plants that burn coal, oil and natural gas to power them. EVs are thus as “clean” – as far as “climate-changing” carbon dioxide “emissions” – as it is “clean” to dump your used motor oil down the storm drain in someone else’s neighborhood.
Leaving aside the fact that while dumping oil down the storm drain anywhere isn’t “clean,” there is nothing “dirty” about carbon dioxide, of which there is so little in the air at the present time we could probably use more rather than less; life-giving C02 levels being low, relative to pre Ice Age levels. And in any event, the assertion that the “climate” is “changing” in a “catastrophic” way due to “human action” is bait for the boobs, of a piece with similar assertions that millions will die on account of a “virus” that didn’t kill 99.8-something percent of us.
But even if it were true that the “climate” is “changing” – and because of us not driving electric cars that aren’t “clean” – it would be irrelevant. For precisely the same reason that it is an irrelevance, for almost everyone who isn’t very affluent, that there are some really nice beach houses available for sale at Martha’s Vineyard.
Deboeuf also said that Stallantis is “aiming to cut the cost of electric vehicles by 40 percent by 2030” – there’s that date, again – though he said nothing about how Stellantis expects to accomplish this.
Some believe it will follow the course of electronics, which have gotten less expensive over time. But there is a big difference between electronics that don’t have to move under their own power – and so can be powered by very small batteries – and an electric car that requires 1,000-plus pounds of battery pack, in order to move. The energy and raw material inputs are staggering – and for that reason, so is the cost. How will the cost go down when the materials themselves are expensive, especially in quantity? How will the cost of energy go down, when there is more demand for it – and less generating capacity?
Deboeuf isn’t an idiot. He knows the answers to these questions. It is why he said what he said. The real question, then, is why is this forced-electrification of transportation being pushed harder than a time-share condo?
And the answer to that question is far uglier.
It is that the powers-that-be do not want most of us driving anything. “Electrification” is the means by which that is to be accomplished; “climate change,” the guilt-trip meant to get the boobs to accept it.
Deboeuf knows it. And he just tried to say that, too.
. . .
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