Weatherman2020
Diamond Member
Management in car companies are like every other Leftist - live in a bubble world and no clue about the real world.
2021:
“Volvo Cars to be fully electric by 2030” [Volvo press release - 3/02/2021]
2024:
“Volvo, An Early Electric Car Adopter, Cuts Off Funding for Its EV Affiliate” [WSJ – 02/01/2024]
Meanwhile in the US:
“The Six Months That Short-Circuited the Electric-Vehicle Revolution; Automakers went all in on battery power, but buyers have proven more hesitant” [WSJ – 02/14/2024]
“Some auto executives acknowledge they got ahead of the market with overzealous demand projections.”
‘Some’ executives. So what’s the results of ‘some’ executives decisions?
“Ford’s electric-vehicle business lost nearly $4.7 billion in 2023 and could lose another $5 billion this year
“Tesla California registrations fall for the first time since the pandemic” [Reuters – 01/31/2024]
How’s it going in EV friendly California you ask?
“EV sales start to fall in California; Consecutive quarters of falling EV sales could derail state's zero-emission vehicle transition target” [Automotive News – 01/31/2024]
While sales of fossil fuel cars rose.
How’s it going nationwide?
“Hertz will stop buying EVs from Polestar, too” [The Verge – 02/05/2024]
“Consumer Reports absolutely shreds new Chevy Blazer EV In negative review” [Torque News – 01/24/2024]
2021:
“Volvo Cars to be fully electric by 2030” [Volvo press release - 3/02/2021]
2024:
“Volvo, An Early Electric Car Adopter, Cuts Off Funding for Its EV Affiliate” [WSJ – 02/01/2024]
Meanwhile in the US:
“The Six Months That Short-Circuited the Electric-Vehicle Revolution; Automakers went all in on battery power, but buyers have proven more hesitant” [WSJ – 02/14/2024]
“Some auto executives acknowledge they got ahead of the market with overzealous demand projections.”
‘Some’ executives. So what’s the results of ‘some’ executives decisions?
“Ford’s electric-vehicle business lost nearly $4.7 billion in 2023 and could lose another $5 billion this year
“Tesla California registrations fall for the first time since the pandemic” [Reuters – 01/31/2024]
How’s it going in EV friendly California you ask?
“EV sales start to fall in California; Consecutive quarters of falling EV sales could derail state's zero-emission vehicle transition target” [Automotive News – 01/31/2024]
While sales of fossil fuel cars rose.
How’s it going nationwide?
“Hertz will stop buying EVs from Polestar, too” [The Verge – 02/05/2024]
“Consumer Reports absolutely shreds new Chevy Blazer EV In negative review” [Torque News – 01/24/2024]