The battle within the electric-vehicle industry will intensify

IKE THE move from horse-drawn carriages to contraptions powered by internal-combustion engines, the migration from cars powered by fossil fuels to electric vehicles will have a profound effect on personal transport. Covid-19 caused a 20% drop in global light-vehicle sales in 2020, to about 70m, but they will pick up in 2021. And, led by China, the pro­portion of vehicles powered by batteries will grow quickly.

The surging share price of Tesla, now the world’s most valuable carmaker, provides a big incentive for incumbents and newcomers to catch up. Tesla may lead in battery technology and software, but to make those advantages stick it must prove that “production hell” is behind it. The firm’s boss, Elon Musk, dreams of making 20m cars a year; in 2019 he made 370,000. Scaling up manufacturing has caused Tesla its biggest headaches.

Pivoting from mechanical engineering to developing software and providing the mobility services that customers will increasingly demand is not the only challenge. Incumbents must also wind down investments in combustion-­engine technology and make the alliances needed to catch up on batteries and software. Expect more joint ventures and investments in startups, as they try to share costs, shift away from petrol power and bring in new thinking.

How do you see the End game play out?

Joe Biden wants a FINANCIAL CONTRIBUTION from ALL car manufacturers, oil industry & Insurance companies to the MAINTENANCE & SECURING (pedestrian-cyclist) of PUBLIC ROADS paid by taxpayers.They alone have allowed the growth of these industries with dividends EXCLUSIVELY private

Tesla - a manufacturer of expensive electrical toys for self-righteous rich people

Write software is not hard, secure it is. Just ask Microsoft. I won't trust my or other's life with iot cars, the reason I skipped Tesla. Call me paranoid, because I am

It's amazing how LITTLE-- in a truly competitive EV market such as Europe's-- the average electric car buyer cares about Tesla's 'software'...

What a powerful headline: learning how to write software. Better one would be how to design or architect software.

Clean green vehicles

What generates electricity? Power Stations. What powers power stations? Fossil fuel. Electric cars are the biggest con going and the PR about them is lies. Plus, they're expensive and the infrastructure just isn't there to keep them charged.

No more gas ⛽️ stations 🚉

To many super quick charging and at least 300 Miles guaranteed are essential to switch

You know that electric cars don’t have engines, right?

Anybody but Tesla

90% of news about covid and trump

brave NEW ORDER! GO ON.

wow

You may find that astute designers had gotten that. Long ago.

That’s a recipe for an increase in the cost of auto insurance claims, therefore higher rates.

👉WELLS FARGO reported BUYING BITCOIN now is similar to the 1850's GOLD RUSH! 🙊And, in the MIDST of a BITCOIN SUPPLY SHORTAGE, Microstrategies INC is putting a $400 MILLION dollar purchase order together to buy MORE BITCOIN! They already have $475 million invested! 🔥BITCOIN!🔥

just wait until the materials shortages hit

While VW was busy defrauding their customers elonmusk was busy doing real work

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Auto industry wants more government support for electric vehiclesWithout suggesting a cost for any EV programs, the Alliance for Automotive Innovation believes now is the time for 'substantial, long-term investments.' Auto industry endorses socialism: Wants more government support for electric vehicles. I’m down with that. Market forces are going to continue to tip business in favor of internal combustion engines for awhile. After all, the oil industry has been getting unfair subsidies for decades now. Let’s help clean power catch up! no more corporate welfare
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Exclusive: U.S. oil industry seeks unusual alliance with Farm Belt to fight Biden electric vehicle agendaThe U.S. oil industry is seeking to forge an alliance with the nation's corn growers and biofuel producers to lobby against the Biden administration's push for electric vehicles, but is so far meeting a cool reception, according to multiple sources familiar with the discussions... Once upon a time, carriage manufacturers made fun of diesel cars and resisted them in every possible way. Were they able to conquer the future? Not. But part of the effort was wasted. Now it is time not to fight against electric cars, but to invest in them We need to breathe clean and pure air, now. General Motors already announced. We want clean engines ElectricVehicles energy We need to work for our environment and we stand with Joe Biden it is our responsibility to take care of our people not to put our papolauion in harm for few people’s benefits
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

EU electric vehicle push needs 80 billion euros for chargers: industry groupAn EU plan for a fifty-fold increase in electric cars this decade to help cut greenhouse gas emissions will require an 80 billion euro ($96.5 billion) investment in charging points to support it, power industry group Eurelectric said on Tuesday. Couple of months ago I came across a recommendation about Teddygrey3305 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation Estimates are about 4 Trillion USD globally if taxpayers are to indulge this boomer BEV cult! Assuming big oil won't start selling hydrogen & make the point moot. OK, Chargers are not enough. but, Are your generators enough ?
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »