Some Chinese Electric Cars Are ‘Simply Worthless’: Industry Body

By Dave Yin – Re-Blogged From CaixinGlobal

It’s “inevitable” that China’s electric cars have little resale value and some are inherently worth little, according to one of China’s top auto industry bodies.

In its latest weekly update on China’s ailing auto market, the China Passenger Car Association (CPCA) listed several reasons why value retention is “too low” for new-energy vehicles (NEVs), including fully electric, fuel-cell and hybrid cars.

Photo: VCG

Photo: VCG

Continue reading

Advertisements

Electric Car Charging Stations May be Portals for Power Grid Cyberattacks

The map displays substations connected by transmissions lines along with electric vehicle charging stations. The size of the blue circles is proportional to the charging station demand. Such information can be used by hackers to disrupt either charging of electric vehicles or the power grid itself. Credit: NYU Tandon School of Engineering

Electric cars are an essential component of a lower-carbon future, but a new report from researchers at the New York University Tandon School of Engineering raises the specter that plug-in electric vehicles—and the charging stations that supply them—could be prime vectors for cyberattacks on urban power grids.

Continue reading

Automakers Flash Warning Over Supplies Of Critical Metals

By Stefan Gleason – Re-Blogged From Silver Phoenix

While motorists continue to enjoy the benefits of a longstanding supply glut in crude oil, car manufacturers are becoming increasingly worried about shortages. Not in liquid fuels, but in metals.

The automotive industry requires certain strategic, rare, and precious metals. Without them, batteries for electric cars wouldn’t function and catalytic converters for gasoline engines wouldn’t work.

Many of the metals that play a critical role in both conventional and electric vehicles now face potential supply shortfalls.

Continue reading

Green New Deal Could Be A Huge Boon For China

By Michael Bastasch From The Daily Caller – Re-Blogged From WUWT

  • Plans like the Green New Deal could end up making the U.S. more dependent on China, according to reports.
  • A new study found the U.S. would need to import more rare earth minerals from China to build more offshore wind turbines.
  • “These demands would total over 15.5 [gigagrams] of neodymium by 2050,” reads the study.

A new study underscores a longstanding concern about sweeping plans, like the Green New Deal, to increase renewable energy use in America: dependency on China.

[I’d be interested in knowing if China (secrtly) has funded any democrats. -Bob]

Continue reading

Tesla May Not Make It Past Q1

By Ener Tuition -Re-Blogged From Seeking Alpha

“In Q3 last year, we were able to make a 4% profit. While small by most standards, I would still consider this our first meaningful profit in the 15 years since we created Tesla. However, that was in part the result of preferentially selling higher priced Model 3 variants in North America. In Q4, preliminary, unaudited results indicate that we again made a GAAP profit, but less than Q3. This quarter, as with Q3, shipment of higher priced Model 3 variants (this time to Europe and Asia) will hopefully allow us, with great difficulty, effort and some luck, to target a tiny profit.”

“However, starting around May, we will need to deliver at least the mid-range Model 3 variant in all markets, as we need to reach more customers who can afford our vehicles. Moreover, we need to continue making progress towards lower priced variants of Model 3. Right now, our most affordable offering is the mid-range (264 mile) Model 3 with premium sound and interior at $44k. The need for a lower priced variants of Model 3 becomes even greater on July 1, when the US tax credit again drops in half, making our car $1,875 more expensive, and again at the end of the year when it goes away entirely.”

Continue reading

Italy Proposes €6000 (US $6800) Vehicle Sales Tax to Subsidise Green Electric Vehicles

By Eric Worrall – Re-Blogged From WUWT

h/t Dr Willie Soon / Steve Milloy – the Italian government has proposed plans to subsidise sales of electric cars, by taxing sales of gasoline and diesel cars.

Italy proposes measures to spur sales of low-emission cars

MILAN/ROME (Reuters) – Italy plans to offer subsidies of up to 6,000 euros ($6,800) to buyers of new low emission vehicles and will increase taxes on new petrol and diesel cars, two government officials said on Wednesday.

Concerns over climate change are pushing European lawmakers to tighten emissions regulations, but the car industry says that would harm its competitiveness.

RomeThe Imperial fora belongs to a series of monumental fora (public squares) constructed in Rome by the emperors. Also in the image can be seen the Trajan’s Market. By Rabax63Own work, CC BY-SA 4.0, Link
Continue reading

Vehicle Electrification Common Sense

By Rud Istvan, – Re-Blogged From WUWT

This is the first of two loosely related technology posts that ctm suggested might be interesting to WUWT. In full disclosure, the details stem from my financial interests in energy storage materials and related topics, having spent much time and money since 2007 on fundamental now globally issued energy storage materials patents for supercapacitance (the Helmholtz double layer physics that creates lightning in thunderstorms). Some of the info cited below is slightly dated because I was too lazy to make everything current. Some of this info was borrowed from my ebook The Arts of Truth and from a 2017 Climate Etc post. All conclusions nevertheless remain valid.

Continue reading