An interesting thing that’s not being reported – by the usual suspects – is that Mitsubishi’s net profit hasn’t dropped by nearly half, as GM’s has.
It is interesting because Mitsu has had to deal with the same “supply chain disruptions” that supposedly contributed mightily to GM’s massive losses. Yet Mitsubishi just reported its quarterly profit has nearly tripled. It also posted the biggest short-term gains in six years. Including – and before – the “pandemic.”
Could it be that Mitsubishi – which has the smallest presence in the United States of any Japanese automaker – is the least Woke of all the automakers selling cars in the United States?
Mitsu sells affordable cars rather than electric cars. Cars like the Mirage, a five-door hatchback that stickers for $14,645 to start – which is less than half the price of a Chevy Bolt EV. It also weighs about 1,500 pounds less than a Chevy Bolt – which weighs close to two tons. Which is why it can travel close to 400 miles on the highway rather than the 259 miles the government says the Bolt can go.
Before its driver has to stop – and wait – for 7.5 hours, to recharge it at home.
Not a single Mirage has gone up in smoke, either. A number of Bolts have. Some while parked. This sort of thing tends to be bad for the bottom line. But GM doubles down on virtue signaling rather than selling. More electric cars – electric crossovers, SUVs and trucks, actually – because GM no longer sells any cars, excepting its two specialty cars (Corvette and Camaro, the latter not for much longer).
Mitsu sells no electric vehicles. There is a hybrid version of its Outlander crossover SUV. But nothing that’s tethered by a cord to a long wait. Or a trip (to the “fast”) charger – followed by a wait, then a trip back home.
Mitsu’s focus is on affordable, practical cars – and crossovers. Exactly the kinds of cars and crossovers average Americans desperately need, having been deliberately impoverished by the things pushing electric cars, the “vaccines” of transportation. Both being unsafe and ineffective.
Affordable and practical cars like the Mirage are the antidote to these “vaccines.” Also, to the supposed “catastrophic threat” posed by a “changing climate” – the “change” never specifically defined in a way that can be factually supported. Just the same as the assertions made about the necessity – and efficacy – of “mask” wearing.
It just . . . “changes” – whatever that means. Which of course means anything and everything. It is a brilliant verbal stab at the heart of our civilization because of its very meaninglessness. Which is used to justify endless reductions in everything that makes civilization possible.
But if you do believe – just the right word – that the “climate” is “changing” in a “catastrophic” way, on account of our use of too much energy, resulting in the “emission” of too much carbon dioxide (the latter being a bizarre belief given the fact that the totality of the earth’s atmosphere contains less than half a percent C02 and our “emissions” constitute a fraction of that fraction; the equivalent of a burp in a stadium) then you ought to be very “concerned” about short-lived, energy-hogging electric cars.
A car such as the Mirage is made once, using relatively few raw materials – as compared with the massive quantity of raw materials that go into the making of an EV. Once made, it will last for 15-20 years before it needs to be replaced with another car, built from scratch, using more raw materials and energy to make it. The EV will have to be recycled long before then; its battery pack, at least. It – by itself – represents almost the same weight in raw materials as the Mirage, itself. And the raw materials that go into making it are very bad for the “environment.”
As far as the “climate”. . .
Well, the energy necessary to re-power all these EVs will require a massive increase in power generation, to provide it. Far more than is necessary – in italics to emphasize a very important point, if you are a believer in “climate change.”
Electric cars are energy hogs – an “inconvenient truth” that has been suppressed much the same as the truth about not-safe and ineffective “vaccines” that don’t “stop the spread,” because they do not immunize the victim.
EVs are equipped with battery packs twice as large as necessary – for transportation – that require twice as much in the way of raw materials – and energy inputs – so as to be capable of delivering the performance touted by the companies that make them.
If the “climate” really is in danger of “catastrophically changing,” how can something as frivolous – as unnecessary – as performance be indulged?
The answer is obvious. The “climate” isn’t “changing.” At least it is not “changing” in a “catastrophic” way on account of us driving. If it were, then this ramping up of performance electric cars while they try to eliminate (via regulations) low-cost, long-lived, low C02 “emitting” (in their totality) cars like the Mirage would be either an affront of almost epic irresponsibility or of equally epic stupidity.
It is one – of the other – for it cannot be anything other.
Kudos to Mitsu for doing something else.
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