From: AlleyCat <katt@gmail.com>
Newsgroups: alt.global-warming,alt.fan.rush-limbaugh,can.politics,alt.politics.liberalism,alt.politics.democrats,alt.politics.usa.republican
Subject: When the germans give up... maybe it's time you do too?
Date: Sun, 9 Jun 2024 23:53:23 -0500
Organization: AlleyCat Computing, Inc.
VW Takes ¤60 Billion Out of The EV Budget And Puts It Back Into Combustion Cars
EV manufacturers are backing away slowly from the Great EV Debacle
The government commanded the EV bubble, but even with billions in subsidies,
schemes and advertising the chemistry didn't obey. Somehow, even with
legislation, the right discoveries didn't discover themselves on cue.
VW has decided to use one third of its EV development money to develop a better
fuel car instead.
Hey, it's only 60,000 million Euro.
VW Will Spend Billions of Its EV Development Budget on Gas Engines
By: Adrian Padeanu, Motor1.com
Of the ¤180 billion ($196 billion) set aside in 2023 primarily for next-
generation EVs, the German brand will now use one-third to continue the
development of combustion engines. The announcement comes from Arno Antlitz,
the Chief Financial Officer and Chief Operating Officer at the Volkswagen
Group. The company intends to spend roughly ¤60 billion ($65 billion) to "keep
our combustion cars competitive."
It's a stark departure from the previous plan announced in late 2022 to build
and sell only electric cars in Europe from 2033.
Only a year ago Volkswagen was confident it could build a cheaper EV. But a
month ago they reported a 20 percent fall in first quarter profits.
Meanwhile Australia joins the EU with footage of "EV Graveyards" collecting at
Port Melbourne
Australia remains far behind the rest of the developed world in EV sales but is
obviously catching up on the latest trends quickly. Sales have fallen 44%:
And, apparently even those with money to waste don't want to waste it on an
"electric super car":
Lamborghini Doesn't Think Electric Supercars will Catch On
By: Adrian Padeanu, Motor1.com
Speaking with Automotive News Europe, Lamborghini's head honcho Stephan
Winkelmann argued electric supercars are "not something that is selling so
far." He went on to mention this genre might never catch on
Supercars are for rich folk but Rimac CEO Mate Rimac recently admitted that
high-end buyers don't want electric supercars. It's why the Nevera is still for
sale, despite the hype around it and the limited production run of only 150
cars. The electric hypercar developed in Croatia set no fewer than 23 records
last year, but it looks as though wealthy people weren't impressed enough to
sign their names on the dotted line.
There is talk now of all kinds of variations of sustainable fuel to run
combustion engines on. The CEO of Bugatti has even floated the idea of selling
their bespoke customers their very own fuel station as well, so they can
generate and fill their sustainable cars at home. Possibly the brag-able-value
of owning a sustainable biofuel car that "charges at home" using some wildly
expensive combination of solar panels and batteries won't seem so brag-worthy
in a few years time. Who wants to look like the loser who got car advice from a
teenage girl?
=====
June:
Snow Hits Parts of South Africa For First Time In 40 Years
Scotland Sees Snow
Global Temperature Drop (of COURSE... Hunga Tonga's Water Vapour!)
Warnings Issued In South Africa For "Disruptive Cold And Snow"
Coldest May Lows In 70-Years Hit Wagnerite, Australia
Argentina Abnormally Cold
Almost 7-Feet of June Snow Traps Hikers In German Alps
Snow Set For Scotland
Rare Frost Advisories In Ontario
It's Snowing In Northern India
Spring Freeze "Sharply Reduces" Russia's Wheat Harvest
Summer Skiing In Europe After Record-Breaking Spring Snow
Record Cold Strikes Japan
Frigid Streak At The South Pole
Low Olive Harvest In Greece Due To 'Weather Shifts'
Greenland's Record Ice Gains
Colder-Than-Average May In Europe
South America Freezes
=====
May:
U.S. Ski Industry Reports 5th-Best Season On Record
"Deep, Drifting Snow" Keeps Beartooth Closed
The Suess de Vries Cycle
Spring Anomalies From BC To SoCal
Winter Prolonged In Alaska
Australia's Cold And Snow
Chile's Weather Agency Got It Dead Wrong As South America Freezes
Spring Anomalies From BC To SoCal
Record May Cold Hits South Australia
Latest Snowfall In Decades At Snoqualmie
Frozen Turkey