Ford is about to break out big EV losses for the first time | |
okie1
User ID: 84971440 United States 03/22/2023 04:18 PM Report Abusive Post Report Copyright Violation | Unfortunately, turning an ICE car company into an EV company will probably prove to be just about as successful as turning a buggy manufacturer into a horseless carriage manufacturer. okie |
Anonymous Coward User ID: 84982835 United States 03/22/2023 04:19 PM Report Abusive Post Report Copyright Violation | If these companies had any sense they'd be pushing HYBRID cars that get 60-80MPG. Quoting: Anonymous Coward 79393242 No one wants to deal with the charging bullshit the infrastructure is just not ready no matter how hard they try to push this shit on us. Electric cars is a massive virtue signaling scam. The first major that figures out pushing HYBRIDS with massive MPG ratings wins the market. I have been saying this for more than a decade - turbodiesel hybrid. Basically how a train locomotive works but on a much smaller scale. A diesel engine runs a generator that charges/supplements batteries. Sure a gas (not gasoline in this context) turbine is even more efficient, there is a lot greater complexity. We must have or be very close to photovoltaic paints/coatings. We certainly have regenerative braking. My hypothesized diesel electric hybrid with modern technology could probably get something like 300 miles per gallon without the charging limitations. Refuel is a simple fill up of a diesel fuel tank just like it's always been. There must be someone/something actively impeding pursuing this tech, because I am just a regular guy, I'm not an automotive engineer. This could be made to work so very well. |
Anonymous Coward User ID: 83269647 United States 03/22/2023 04:19 PM Report Abusive Post Report Copyright Violation | Why do you think that? I for one am fond of the idea of placing solar on my property and batteries in my garage and filling up an ev without the need to fossil fuels. It’s a multi generational thing.. It will occur over longer arc of time… And it will not disrupt many, most folks.. I am not eco wack or liberal.. But electricity is easier to create, store and transport.. Than fossil fuels. . Sorry to have to break it to you but the overwhelming majority of electricity IS produced from fossil fuels and will continue to be produced from fossil fuels. The entire industry is a massive scam. It is me who is sorry… For stumbling into an echo chamber… I wish you well. Are you denying the fact your electric car still runs on fossil fuels just in a round about way? You're agenda is so transparent its like looking through a window. You're either a shill, delusional, or just very dumb. Probably all 3. |
Anonymous Coward User ID: 65571479 United States 03/22/2023 04:25 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 65571479 Why do you think that? I for one am fond of the idea of placing solar on my property and batteries in my garage and filling up an ev without the need to fossil fuels. It’s a multi generational thing.. It will occur over longer arc of time… And it will not disrupt many, most folks.. I am not eco wack or liberal.. But electricity is easier to create, store and transport.. Than fossil fuels. . Sorry to have to break it to you but the overwhelming majority of electricity IS produced from fossil fuels and will continue to be produced from fossil fuels. The entire industry is a massive scam. It is me who is sorry… For stumbling into an echo chamber… I wish you well. Are you denying the fact your electric car still runs on fossil fuels just in a round about way? You're agenda is so transparent its like looking through a window. You're either a shill, delusional, or just very dumb. Probably all 3. I have solar and generate my own electricity.. Renewable energy is the fastest growing segment in the global energy sector… Do some research.. |
Tromaton
User ID: 79869233 United States 03/22/2023 04:26 PM Report Abusive Post Report Copyright Violation | I would not buy an electric vehicle because they have a limited range and it's not like you can pull into an electric station and leave 3 minutes later with a full tank. I won't buy one ever. They should be looking into better alternatives because EV's just aren't going to cut it for most people. Last Edited by Tromato on 03/22/2023 04:26 PM |
Anonymous Coward User ID: 81044247 Canada 03/22/2023 04:27 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72749344 United States 03/22/2023 04:28 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 75351278 Sorry to have to break it to you but the overwhelming majority of electricity IS produced from fossil fuels and will continue to be produced from fossil fuels. The entire industry is a massive scam. It is me who is sorry… For stumbling into an echo chamber… I wish you well. Are you denying the fact your electric car still runs on fossil fuels just in a round about way? You're agenda is so transparent its like looking through a window. You're either a shill, delusional, or just very dumb. Probably all 3. I have solar and generate my own electricity.. Renewable energy is the fastest growing segment in the global energy sector… Do some research.. I'm in the same camp as you that's why I like the plug-in hybrids. I charge the unit with my solar array and use the vehicle in ev mode for local trips and switch to hybrid mode for longer trips. Best of both worlds for now. |
Anonymous Coward User ID: 65571479 United States 03/22/2023 04:33 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 65571479 It is me who is sorry… For stumbling into an echo chamber… I wish you well. Are you denying the fact your electric car still runs on fossil fuels just in a round about way? You're agenda is so transparent its like looking through a window. You're either a shill, delusional, or just very dumb. Probably all 3. I have solar and generate my own electricity.. Renewable energy is the fastest growing segment in the global energy sector… Do some research.. I'm in the same camp as you that's why I like the plug-in hybrids. I charge the unit with my solar array and use the vehicle in ev mode for local trips and switch to hybrid mode for longer trips. Best of both worlds for now. It’s tiresome to argue with horse and buggy people… It don’t really matter how much any of us cry “why do things have to change!” They are changing… I loved my horse and buggy… But then things changed… . “ The report finds that renewables are set to account for over 90% of global electricity expansion over the next five years, overtaking coal to become the largest source of global electricity by early 2025.” [link to www.iea.org (secure)] . |
Anonymous Coward User ID: 65571479 United States 03/22/2023 04:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 85491479 United States 03/22/2023 04:38 PM Report Abusive Post Report Copyright Violation | [link to www.cnbc.com (secure)] Quoting: beeches Ford is about to break out big EV losses for the first time Ford will begin reporting its financial results by business unit, instead of by region, and will release revised results that will show how the new business units would have performed in 2021 and 2022. The changes amount to the most detailed look yet by any legacy automaker into the finances behind the EV business. Wall Street is taking a wait-and-see approach to the changes, but is expecting significant EV unit losses. ------------------- Deutsche Bank analyst Emmanuel Rosner believes Ford could be incurring gross losses of about $9,000 per EV sold. The analyst expects Ford to reveal Thursday Model e operating losses of $6 billion for 2022. That’s after accounting for significant research and development investments — roughly 65% of the company’s total R&D — into the EV unit. Understand, FORD is getting subsidies from the USG to produce EV's. Losses are written off on taxes and other things. EV production is a scam. |
beeches
(OP) User ID: 78973486 United States 03/22/2023 04:41 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 85491378 United States 03/22/2023 04:43 PM Report Abusive Post Report Copyright Violation | [link to www.cnbc.com (secure)] Quoting: beeches Ford is about to break out big EV losses for the first time Ford will begin reporting its financial results by business unit, instead of by region, and will release revised results that will show how the new business units would have performed in 2021 and 2022. The changes amount to the most detailed look yet by any legacy automaker into the finances behind the EV business. Wall Street is taking a wait-and-see approach to the changes, but is expecting significant EV unit losses. ------------------- Deutsche Bank analyst Emmanuel Rosner believes Ford could be incurring gross losses of about $9,000 per EV sold. The analyst expects Ford to reveal Thursday Model e operating losses of $6 billion for 2022. That’s after accounting for significant research and development investments — roughly 65% of the company’s total R&D — into the EV unit. Understand, FORD is getting subsidies from the USG to produce EV's. Losses are written off on taxes and other things. EV production is a scam. Exactly! Just like Obozo's Solyndra |
Flying Elvii
User ID: 84802739 United States 03/22/2023 04:44 PM Report Abusive Post Report Copyright Violation | [link to www.cnbc.com (secure)] Quoting: beeches Ford is about to break out big EV losses for the first time Ford will begin reporting its financial results by business unit, instead of by region, and will release revised results that will show how the new business units would have performed in 2021 and 2022. The changes amount to the most detailed look yet by any legacy automaker into the finances behind the EV business. Wall Street is taking a wait-and-see approach to the changes, but is expecting significant EV unit losses. ------------------- Deutsche Bank analyst Emmanuel Rosner believes Ford could be incurring gross losses of about $9,000 per EV sold. The analyst expects Ford to reveal Thursday Model e operating losses of $6 billion for 2022. That’s after accounting for significant research and development investments — roughly 65% of the company’s total R&D — into the EV unit. FORD is trolling for a new government EV subsidy/bailout. Go woke, go broke… |
DestinyAKA-Des
User ID: 85463233 United States 03/22/2023 04:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77566825 United States 03/22/2023 04:57 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 84553556 United States 03/22/2023 04:59 PM Report Abusive Post Report Copyright Violation | [link to www.cnbc.com (secure)] Quoting: beeches Ford is about to break out big EV losses for the first time Ford will begin reporting its financial results by business unit, instead of by region, and will release revised results that will show how the new business units would have performed in 2021 and 2022. The changes amount to the most detailed look yet by any legacy automaker into the finances behind the EV business. Wall Street is taking a wait-and-see approach to the changes, but is expecting significant EV unit losses. EV Trucks will fail big time. People need towing power and range. The range drops significantly if towing anything large. Not to mention how you lose 60% of your range in extreme cold. Don't be anti Semetic! Buy electric everything now! |
Anonymous Coward User ID: 37864254 United States 03/22/2023 05:00 PM Report Abusive Post Report Copyright Violation | If these companies had any sense they'd be pushing HYBRID cars that get 60-80MPG. Quoting: Anonymous Coward 79393242 No one wants to deal with the charging bullshit the infrastructure is just not ready no matter how hard they try to push this shit on us. Electric cars is a massive virtue signaling scam. The first major that figures out pushing HYBRIDS with massive MPG ratings wins the market. Toyota was saying that. Said consumers still need choice. They refused to go all-in on EV's and Akio Toyoda got blasted for it. |
No holds barred
User ID: 85484615 Mexico 03/22/2023 05:12 PM Report Abusive Post Report Copyright Violation | it doesn't matter what we think or do, did it ever? electric is here to stay and will be forced upon you whether you like it or not, sure there are rebels...but they only make up 1% of the population, the other 99% got vaxxed or will be cause they are adding it to the air, food and water, hell is a real place, it is called earth in time of war it's every man for himself, to the victor belong the spoils! what is happening in the world is not new, they killed green energy in 1889, let that sink in a little bit folks, the thing about the world that most people don't understand, is that we are dealing with militaries that make their own rules, in the west depopulation was planned long ago, when vaccines were made mandatory for school, get this boys, all countries vaxxinate.... isn't that just a little weird? |
dschis1000
User ID: 77525785 United States 03/22/2023 05:12 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 75351278 Sorry to have to break it to you but the overwhelming majority of electricity IS produced from fossil fuels and will continue to be produced from fossil fuels. The entire industry is a massive scam. It is me who is sorry… For stumbling into an echo chamber… I wish you well. Are you denying the fact your electric car still runs on fossil fuels just in a round about way? You're agenda is so transparent its like looking through a window. You're either a shill, delusional, or just very dumb. Probably all 3. I have solar and generate my own electricity.. Renewable energy is the fastest growing segment in the global energy sector… Do some research.. You live in a warm climate with a lot of clear days |
dschis1000
User ID: 77525785 United States 03/22/2023 05:17 PM Report Abusive Post Report Copyright Violation | it doesn't matter what we think or do, Quoting: No holds barred did it ever? electric is here to stay and will be forced upon you whether you like it or not, sure there are rebels...but they only make up 1% of the population, the other 99% got vaxxed or will be cause they are adding it to the air, food and water, hell is a real place, it is called earth in time of war it's every man for himself, to the victor belong the spoils! what is happening in the world is not new, they killed green energy in 1889, let that sink in a little bit folks, the thing about the world that most people don't understand, is that we are dealing with militaries that make their own rules, in the west depopulation was planned long ago, when vaccines were made mandatory for school, get this boys, all countries vaxxinate.... isn't that just a little weird? The great brain behind this. The only way out is repent and ask for |
Anonymous Coward User ID: 84289705 United States 03/22/2023 05:21 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 65571479 United States 03/22/2023 05:34 PM Report Abusive Post Report Copyright Violation | Car manufacturers are in a really tough spot right now. Battery tech isn't quite there yet to make EVs practical over ICE cars, but they're on the cusp. That means that EVs aren't quite profitable yet, at least not when it comes to mass appeal, but any car maker who doesn't fully embrace EVs and develop very strong presence in that market probably won't be around five years from now. This puts them in the precarious position of having to take short term losses in the hopes that they can survive the transition. Quoting: okie1 Unfortunately, turning an ICE car company into an EV company will probably prove to be just about as successful as turning a buggy manufacturer into a horseless carriage manufacturer. Not to mention their current debt levels And rapidly rising cost of capital… Many of these oems may never regain their former glory.. Thanks for your thoughts. |
Anonymous Coward User ID: 46868334 United States 03/22/2023 06:09 PM Report Abusive Post Report Copyright Violation | If these companies had any sense they'd be pushing HYBRID cars that get 60-80MPG. Quoting: Anonymous Coward 79393242 No one wants to deal with the charging bullshit the infrastructure is just not ready no matter how hard they try to push this shit on us. Electric cars is a massive virtue signaling scam. The first major that figures out pushing HYBRIDS with massive MPG ratings wins the market. So Toyota like 20 years ago. Lol.. America! |
Trained Noticer
Forum Moderator User ID: 85438871 United States 03/22/2023 06:30 PM Report Abusive Post Report Copyright Violation | AND... Once they get you dependent on Electric Flip of a switch... For those who believe, no proof is necessary. For those who don't believe, no proof is possible. (Stuart Chase) It's easier to fool people than to convince them that they have been fooled. (Mark Twain) |
Anonymous Coward User ID: 65571479 United States 03/22/2023 06:32 PM Report Abusive Post Report Copyright Violation | At any time, they could stop the transport of liquid fuels.. No? And if you can produce your own electricity, Where is your direct dependency on them at all? It’s not a strong argument in my humble opinion. |
Endtimewatchman10
User ID: 76376503 United States 03/22/2023 06:39 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 85285139 United States 03/22/2023 06:41 PM Report Abusive Post Report Copyright Violation | the most retarded part about this whole "EV because fossil fuel story" is the complete obfuscation of the facts about how much of a modern vehicle is comprised of plastic, which comes from oil. Quoting: Anonymous Coward 73844703 let me know when they have found substitutes for polymers and plastics, so i can believe the fossil fuel story. in the meantime, these bog auto companies are either complicit in destroying our economy or retarded. possibly both What is really retarded is the fully electric Ford F-150 Lightning truck got around 65 miles on a full charge in extreme winter weather. That is just enough to get stuck especially if you think the range is 230 miles. And then you are stuck in freezing weather. |
Trained Noticer
Forum Moderator User ID: 85438871 United States 03/22/2023 06:44 PM Report Abusive Post Report Copyright Violation | At any time, they could stop the transport of liquid fuels.. No? And if you can produce your own electricity, Where is your direct dependency on them at all? It’s not a strong argument in my humble opinion. Not strong. Just real. They already flip the switch on petrol. However, there IS SOME competition. Electricity is regulated into monopolies. Generate your own? Hope so. Gather your own via sun and and store with batteries? Hope so. Don't forget your inverter. And damn the clouds. Windmill? Hahaha. Tesla technology to get electricity from the ether? Hope so. Otherwise : CLICK Last Edited by Trained Noticer on 03/22/2023 06:45 PM For those who believe, no proof is necessary. For those who don't believe, no proof is possible. (Stuart Chase) It's easier to fool people than to convince them that they have been fooled. (Mark Twain) |
DrPunch
User ID: 80886406 United States 03/22/2023 06:45 PM Report Abusive Post Report Copyright Violation | If these companies had any sense they'd be pushing HYBRID cars that get 60-80MPG. Quoting: Anonymous Coward 79393242 No one wants to deal with the charging bullshit the infrastructure is just not ready no matter how hard they try to push this shit on us. Electric cars is a massive virtue signaling scam. The first major that figures out pushing HYBRIDS with massive MPG ratings wins the market. anything pushed from above - including government support - is a dud on the way. if we needed electric cars, we would eagerly buy them, no government money-dangling needed. Unless of course, we start to grow weary of buying energy from people who no longer wish to own our debt… Folks need to consider that ev is a geopolitical and national security decision.. Without telling folks this is a geopolitical and national security direction.. But yeah.. folks don’t really think deeply about stuff these days.. we have all the oil we need. Indeed we have all the oil we need right here DrPunch |
Anonymous Coward User ID: 85389895 Mexico 03/22/2023 06:45 PM Report Abusive Post Report Copyright Violation | [link to www.cnbc.com (secure)] Quoting: beeches Ford is about to break out big EV losses for the first time Ford will begin reporting its financial results by business unit, instead of by region, and will release revised results that will show how the new business units would have performed in 2021 and 2022. The changes amount to the most detailed look yet by any legacy automaker into the finances behind the EV business. Wall Street is taking a wait-and-see approach to the changes, but is expecting significant EV unit losses. EV Trucks will fail big time. People need towing power and range. The range drops significantly if towing anything large. Not to mention how you lose 60% of your range in extreme cold. EV everything will fail big time. Using thousands of laptop batteries to power a car is one of the dumbest things ever. There will be no EV revolution, matter how much Klaus and his fellow WEF lizards push for it. The price of lithium has collapsed by more than 50% since November for one reason: demand for EV's has already started to fall. And as more and more people buy and then try to actually live and work using EV's, the trend will only accelerate. |