#us electric vehicle market

[renubresearch]

United States Electric Vehicle Market will be US$ 391.03 Billion by 2030

Renub Research has released a report titled “United States Movie Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2030,” which includes market percentage records and a thorough enterprise analysis. This report looks at the competition, geographic distribution, and growth potential of the United States Movie Market. United States Movie Market is predicted to extend at…

[rushikesh-d]

US Electric Vehicle Market To Witness the Highest Growth Globally in Coming Years

The report begins with an overview of the US Electric Vehicle Market and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, US Electric Vehicle Market scenario, and feasibility study are the important aspects analyzed in this report.

The US Electric Vehicle Market is experiencing robust growth driven by the expanding globally. The US Electric Vehicle Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. US Electric Vehicle Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing. U.S. Electric Vehicle Market Size, Share & COVID-19 Impact Analysis, By Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecast, 2021-2028

Get Sample PDF Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/106396

Key Strategies

Key strategies in the US Electric Vehicle Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of US Electric Vehicle Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the US Electric Vehicle Market.

Major US Electric Vehicle Market Manufacturers covered in the market report include:

LIST OF KEY COMPANIES PROFILED:

BMW Group (Munich, Germany)

BYD Company Ltd. (Shenzhen, China)

Daimler AG (Stuttgart, Germany)

Ford Motor Company (Michigan, U.S.)

General Motors Company (Michigan, U.S.)

Nissan Motor Corporation (Kanagawa, Japan)

Tesla, Inc. (California, U.S.)

Toyota Motor Corporation (Toyota City‎, Japan)

Volkswagen AG (Wolfsburg, Germany)

Groupe Renault (Boulogne-Billancourt, France)

Favorable Government Subsidies & Strict Regulations on Vehicle Emissions to Augment Growth. Government policies offering attractive incentives for owning and operating electric vehicles will encourage EV sales by providing consumers with multiple advantages such as reduced prices, low registration fees, and free charging infrastructure. Additionally, various government bodies are levying import taxes, road taxes, and purchase taxes for importing measures to attract dominant players. 

Trends Analysis

The US Electric Vehicle Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable US Electric Vehicle Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly US Electric Vehicle Market Solutions.

Regions Included in this US Electric Vehicle Market Report are as follows:

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Significant Features that are under offering and key highlights of the reports:

- Detailed overview of the US Electric Vehicle Market.

- Changing the US Electric Vehicle Market dynamics of the industry.

- In-depth market segmentation by Type, Application, etc.

- Historical, current, and projected US Electric Vehicle Market size in terms of volume and value.

- Recent industry trends and developments.

- Competitive landscape of the US Electric Vehicle Market.

- Strategies of key players and product offerings.

- Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2024 to 2030?

► What are the key market dynamics influencing growth in the Global US Electric Vehicle Market?

► Who are the prominent players in the Global US Electric Vehicle Market?

► What is the consumer perspective in the Global US Electric Vehicle Market?

► What are the key demand-side and supply-side trends in the Global US Electric Vehicle Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global US Electric Vehicle Market?

Table Of Contents:

1 Market Overview

1.1 US Electric Vehicle Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook 

1.4.1.2 Canada Market States and Outlook 

1.4.1.3 Mexico Market States and Outlook 

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook 

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook 

1.4.2.5 Italy Market States and Outlook 

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook 

1.4.3.3 Korea Market States and Outlook 

1.4.3.4 India Market States and Outlook 

1.4.3.5 Southeast Asia Market States and Outlook 

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook 

1.4.4.3 Saudi Arabia Market States and Outlook 

1.4.4.4 South Africa Market States and Outlook 

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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[awesome-casuallyfamouscollector]

EVs were supposed to be the future. Not everyone is buying it | DW News

P.S. Despite pledges and targets to move electric vehicles down the road, recent second quarter earnings from big car companies show loses. Ford and Stellantis are both struggling, and a majority of car companies are losing money on each electric vehicle sold -- no matter if it's a battery or plug in. Will big auto makers step away from electric or simply diversify their portfolios(..)

P.S. Of course, not everyone will buy it! First look at the horrible price tag or miserable range performance of "affordable" EVs, then ask how you will charge your EV's battery on a daily basis and on a long trip, how much money you will spend repairing your EV, and how much legacy automakers support their EV buyers and charging networks.

If you study the behaviour of legacy automakers in the electric car market, it becomes obvious that there is a lot of noise and little substance in what legacy automakers do. Electric car buyers, especially mass market buyers, are NOT interested in buying badly overpriced low volume compliance EVs that can't be easily charged anywhere...

The market of rich EV enthusiasts and lovers of "green" ideas in Europe is already quite saturated with expensive electric cars and the salaries of Norwegians or Swedes are far from affordable for everyone...many Europeans cannot afford even the cheapest new ICE vehicle, so it is important to answer the question whether there will be it is possible to drive a lot and repair used and heavily used electric cars...

Non-Tesla EV charging networks are real pain in the ass...Right now, the correct term for non-Tesla EV buyers' concern is not "range anxiety" but a "charger anxiety"...

[ferdifz]

Telo - the tiny electric pickup truck

(Apparently) the "practicality"/utility of a (small) Ford pickup but with the road footprint of a modern-day Morris Mini-Cooper...

[zenosanalytic]

It's important to note this is SALES, not stock. I'm glad to hear ppl are asking their brokers to pull them out of Tesla(it's a bad company run badly and will inevitably fail), but it's important to understand the extent to which institutional investors are SUBSIDIZING Musk, intentionally and as a political act, despite his losses over the last decade or so.

And it's important to understand THAT to understand how the stock-market is NOT rational, how brokers and wealthy individuals are NOT all the times "maximizing their profit" as the homo economicus ideologues will tell you, but often ALSO acts as a way for the owner-class to subsidize and support each other. Back in June Tesla's major stockholders voted Musk a $44.9 Billion, with a B, Pay Package over the objections of a Delaware judge(all this stuff is done in Delaware for tax and legal reasons), and in the face of his even-grosser-than-usual mismanagement last year.

The stockmarket is not going to save us from Musk's idiocy and fecklessness; the stockmarket is dominated by rich assholes who are there in large part to help out other rich assholes. Having said that, retail investors ABSOLUTELY should be asking their brokers to get them the fuck away from any company he's involved with.

Tesla is tanking so hard it is dragging the entire EV segment's sales down into the negative. When you omit Tesla from the equation, EV sales are up 13% across the board.

Don't let anyone tell you EV sales are in a slump.

[trendynewsnow]

The Future of Electric Vehicles Amid Political Changes

More from our inbox: Hegseth’s Views on Women in the Military It Was a Pogrom ‘Resentment Helps No One’ True Crime’s Audience Recent analysis by three economists suggests that electric vehicle (E.V.) sales may plummet by as much as 27 percent if President-elect Donald J. Trump and Congress decide to revoke the federal tax credit currently benefiting consumers. To the Editor: Re “Trump Seen as a…

[diagnozabam]

Nissan Motor to Lay Off 9,000 Employees and Reduce Production Capacity Amid Global Sales Decline

Nissan Motor plans to reduce its global workforce by 9,000 employees and simultaneously decrease production capacity in an attempt to cut costs amid declining sales in major markets like China and the United States. The automotive industry crisis is increasingly affecting manufacturers across the board. Following recent layoff announcements by Volkswagen and Audi, Nissan now joins the ranks,…

[vijukumar]

Global Tire Market Share & Trends Analysis

The tire market is a critical component of the automotive industry, serving as the interface between vehicles and the road. With the increasing demand for vehicles globally, the tire market is poised for significant growth. This blog will explore the market size, share, growth trends, key players, challenges, and future outlook of the tire market.

Tire Market Size, Share, and Growth

The global tire market was valued at approximately $164.9 billion in 2023 and is projected to reach $256.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.9% from 2024 to 2032. The automotive tire market specifically is expected to grow from $130.5 billion in 2022 to $211.6 billion by 2032, reflecting a CAGR of 5% during the same period. This growth is driven by several factors, including the rising production and sales of vehicles, particularly in the electric vehicle (EV) segment, and the increasing average age of vehicles on the road.

Market Segmentation

The tire market can be segmented based on several criteria:

By Type: Passenger car tires, light truck tires, and commercial vehicle tires.

By Season: Summer, winter, and all-season tires.

By Distribution Channel: Original Equipment Manufacturers (OEM) and aftermarket sales.

The Asia-Pacific region dominates the market, accounting for approximately 41% of the total revenue in 2022, and is expected to continue its growth trajectory, reaching $85.91 billion by 2032.

Market Trends

Several trends are shaping the tire market:

Technological Advancements: The integration of smart technologies in tires, such as sensors for monitoring tire pressure and temperature, is gaining traction. These innovations enhance safety and performance, appealing to consumers' increasing demand for advanced features.

Sustainability Initiatives: Major tire manufacturers are investing in sustainable practices, including the development of eco-friendly materials and processes. For example, Michelin aims to make its tires 100% sustainable by 2050, which reflects a broader industry trend towards environmental responsibility.

Growth of Electric Vehicles: The rise of electric vehicles is significantly impacting tire demand. Tires designed for EVs require specific characteristics, such as lower rolling resistance and enhanced durability, to accommodate the different driving dynamics of electric vehicles.

Retreading and Recycling: The demand for retreaded tires is increasing, particularly in the commercial sector, as it offers a cost-effective solution for fleet operators. Retreading extends the life of tires and reduces waste, aligning with sustainability goals.

Key Market Players

The tire market is characterized by the presence of several key players, which include:

Bridgestone Corporation (Japan)

Continental AG (Germany)

Goodyear Tire & Rubber Company (US)

Michelin (France)

Pirelli & C.S.P.A (Italy)

These companies collectively hold a substantial share of the market, with the top four accounting for nearly 50% of the global revenue. The competitive landscape is intense, with companies focusing on innovation, quality, and sustainability to differentiate themselves from regional players, particularly those from China, which offer lower-priced alternatives.

Market Challenges

Despite the positive growth outlook, the tire market faces several challenges:

Volatile Raw Material Prices: Fluctuations in the prices of raw materials, such as rubber and synthetic compounds, can significantly impact production costs and profit margins.

Regulatory Compliance: Stringent regulations regarding environmental standards and safety can pose challenges for manufacturers, requiring continuous investment in compliance measures.

Intense Competition: The presence of numerous regional players, particularly in Asia, creates a highly competitive environment, often leading to price wars that can erode profit margins for established brands.

Supply Chain Disruptions: Global supply chain issues, exacerbated by events like the COVID-19 pandemic, have affected the availability of raw materials and components, leading to production delays and increased costs.

Conclusion The tire market is on a robust growth trajectory, driven by increasing vehicle production, technological advancements, and a shift towards sustainable practices. With major players investing heavily in innovation and sustainability, the market is poised for significant transformation in the coming years. However, challenges such as raw material volatility, regulatory pressures, and intense competition must be navigated carefully to sustain this growth. As the industry evolves, stakeholders must remain agile, adapting to changing consumer preferences and market dynamics to capitalize on emerging opportunities.

[ur-mag]

Electric vehicle market experiences ‘Field of Dreams’ moment – but it’s a nightmare for car makers and a worrying sign | In Trend Today

Electric vehicle market experiences ‘Field of Dreams’ moment – but it’s a nightmare for car makers and a worrying sign Read Full Text or Full Article on MAG NEWS

[batboyblog]

Things Biden and the Democrats did, this week #26

July 5-12 2024

The IRS announced it had managed to collect $1 billion in back taxes from high-wealth tax cheats. The program focused on persons with more than $1 million in yearly income who owned more than $250,000 in unpaid taxes. Thanks to money in Biden's 2022 Inflation Reduction Act the IRS is able to undertake more enforcement against rich tax cheats after years of Republicans cutting the agency's budget, which they hope to do again if they win power again.

The Biden administration announced a $244 million dollar investment in the federal government’s registered apprenticeship program. This marks the largest investment in the program's history with grants going out to 52 programs in 32 states. The President is focused on getting well paying blue collar opportunities to people and more people are taking part in the apprenticeship program than ever before. Republican pledge to cut it, even as employers struggle to find qualified workers.

The Department of Transportation announced the largest single project in the department's history, $11 billion dollars in grants for the The Hudson River Tunnel. Part of the $66 billion the Biden Administration has invested in our rail system the tunnel, the most complex Infrastructure project in the nation would link New York and New Jersey by rail under the Hudson. Once finished it's believed it'll impact 20% of the American economy by improving and speeding connection throughout the Northeast.

The Department of Energy announced $1.7 billion to save auto worker's jobs and convert factories to electronic vehicles. The Biden administration will used the money to save or reopen factories in Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia and retool them to make electric cars. The project will save 15,000 skilled union worker jobs, and created 2,900 new high-quality jobs.

The Department of Housing and Urban Development reached a settlement with The Appraisal Foundation over racial discrimination. TAF is the organization responsible for setting standards and qualifications for real estate appraisers. The Bureau of Labor Statistics last year found that TAF was 94.7% White and 0.6% Black, making it the least racially diverse of the 800 occupations surveyed. Black and Latino home owners are far more likely to have their houses under valued than whites. Under the settlement with HUD TAF will have to take serious steps to increase diversity and remove structural barriers to diversity.

The Department of Justice disrupted an effort by the Russian government to influence public opinion through AI bots. The DoJ shut down nearly 1,000 twitter accounts that were linked to a Russian Bot farm. The bots used AI technology to not only generate tweets but also AI image faces for profile pictures. The effort seemed focused on boosting support for Russia's war against Ukraine and spread negative stories/impressions about Ukraine.

The Department of Transportation announces $1.5 billion to help local authorities buy made in America buses. 80% of the funding will go toward zero or low-emission technology, a part of the President's goal of reaching zero emissions by 2050. This is part of the $5 billion the DOT has spent over the last 3 years replacing aging buses with new cleaner technology.

President Biden with Canadian Prime Minster Justin Trudeau and Finnish President Alexander Stubb signed a new agreement on the arctic. The new trilateral agreement between the 3 NATO partners, known as the ICE Pact, will boost production of ice breaking ships, the 3 plan to build as many as 90 between them in the coming years. The alliance hopes to be a counter weight to China's current dominance in the ice breaker market and help western allies respond to Russia's aggressive push into the arctic waters.

The Department of Transportation announced $1.1 billion for greater rail safety. The program seeks to, where ever possible, eliminate rail crossings, thus removing the dangers and inconvenience to communities divided by rail lines. It will also help update and improve safety measures at rail crossings.

The Department of the Interior announced $120 million to help tribal communities prepare for climate disasters. This funding is part of half a billion dollars the Biden administration has spent to help tribes build climate resilience, which itself is part of a $50 billion dollar effort to build climate resilience across the nation. This funding will help support drought measures, wildland fire mitigation, community-driven relocation, managed retreat, protect-in-place efforts, and ocean and coastal management.

The USDA announced $100 million in additional funds to help feed low income kids over the summer. Known as "SUN Bucks" or "Summer EBT" the new Biden program grants the families of kids who qualify for free meals at school $120 dollars pre-child for groceries. This comes on top of the traditional SUN Meals program which offers school meals to qualifying children over the summer, as well as the new under President Biden SUN Meals To-Go program which is now offering delivery of meals to low-income children in rural areas. This grant is meant to help local governments build up the Infrastructure to support and distribute SUN Bucks. If fully implemented SUN Bucks could help 30 million kids, but many Republican governors have refused the funding.

USAID announced its giving $100 million to the UN World Food Program to deliver urgently needed food assistance in Gaza. This will bring the total humanitarian aid given by the US to the Palestinian people since the war started in October 2023 to $774 million, the single largest donor nation. President Biden at his press conference last night said that Israel and Hamas have agreed in principle to a ceasefire deal that will end the war and release the hostages. US negotiators are working to close the final gaps between the two sides and end the war.

The Senate confirmed Nancy Maldonado to serve as a Judge on the Seventh Circuit Court of Appeals. Judge Maldonado is the 202nd federal Judge appointed by President Biden to be confirmed. She will the first Latino judge to ever serve on the 7th Circuit which covers Illinois, Indiana, and Wisconsin.

Bonus: At the NATO summit in Washington DC President Biden joined 32 allies in the Ukraine compact. Allies from Japan to Iceland confirmed their support for Ukraine and deepening their commitments to building Ukraine's forces and keeping a free and Democratic Ukraine in the face of Russian aggression. World leaders such as British Prime Minster Keir Starmer, German Chancellor Olaf Scholz, French President Emmanuel Macron, and Ukrainian President Volodymyr Zelenskyy, praised President Biden's experience and leadership during the NATO summit

[reasonsforhope]

Green energy is in its heyday. 

Renewable energy sources now account for 22% of the nation’s electricity, and solar has skyrocketed eight times over in the last decade. This spring in California, wind, water, and solar power energy sources exceeded expectations, accounting for an average of 61.5 percent of the state's electricity demand across 52 days. 

But green energy has a lithium problem. Lithium batteries control more than 90% of the global grid battery storage market. 

That’s not just cell phones, laptops, electric toothbrushes, and tools. Scooters, e-bikes, hybrids, and electric vehicles all rely on rechargeable lithium batteries to get going. 

Fortunately, this past week, Natron Energy launched its first-ever commercial-scale production of sodium-ion batteries in the U.S. 

“Sodium-ion batteries offer a unique alternative to lithium-ion, with higher power, faster recharge, longer lifecycle and a completely safe and stable chemistry,” said Colin Wessells — Natron Founder and Co-CEO — at the kick-off event in Michigan. 

The new sodium-ion batteries charge and discharge at rates 10 times faster than lithium-ion, with an estimated lifespan of 50,000 cycles.

Wessells said that using sodium as a primary mineral alternative eliminates industry-wide issues of worker negligence, geopolitical disruption, and the “questionable environmental impacts” inextricably linked to lithium mining. 

“The electrification of our economy is dependent on the development and production of new, innovative energy storage solutions,” Wessells said. 

Why are sodium batteries a better alternative to lithium?

The birth and death cycle of lithium is shadowed in environmental destruction. The process of extracting lithium pollutes the water, air, and soil, and when it’s eventually discarded, the flammable batteries are prone to bursting into flames and burning out in landfills. 

There’s also a human cost. Lithium-ion materials like cobalt and nickel are not only harder to source and procure, but their supply chains are also overwhelmingly attributed to hazardous working conditions and child labor law violations. 

Sodium, on the other hand, is estimated to be 1,000 times more abundant in the earth’s crust than lithium. 

“Unlike lithium, sodium can be produced from an abundant material: salt,” engineer Casey Crownhart wrote ​​in the MIT Technology Review. “Because the raw ingredients are cheap and widely available, there’s potential for sodium-ion batteries to be significantly less expensive than their lithium-ion counterparts if more companies start making more of them.”

What will these batteries be used for?

Right now, Natron has its focus set on AI models and data storage centers, which consume hefty amounts of energy. In 2023, the MIT Technology Review reported that one AI model can emit more than 626,00 pounds of carbon dioxide equivalent. 

“We expect our battery solutions will be used to power the explosive growth in data centers used for Artificial Intelligence,” said Wendell Brooks, co-CEO of Natron. 

“With the start of commercial-scale production here in Michigan, we are well-positioned to capitalize on the growing demand for efficient, safe, and reliable battery energy storage.”

The fast-charging energy alternative also has limitless potential on a consumer level, and Natron is eying telecommunications and EV fast-charging once it begins servicing AI data storage centers in June. 

On a larger scale, sodium-ion batteries could radically change the manufacturing and production sectors — from housing energy to lower electricity costs in warehouses, to charging backup stations and powering electric vehicles, trucks, forklifts, and so on. 

“I founded Natron because we saw climate change as the defining problem of our time,” Wessells said. “We believe batteries have a role to play.”

-via GoodGoodGood, May 3, 2024

--

Note: I wanted to make sure this was legit (scientifically and in general), and I'm happy to report that it really is! x, x, x, x

[mostlysignssomeportents]

Tesla's Dieselgate

Elon Musk lies a lot. He lies about being a “utopian socialist.” He lies about being a “free speech absolutist.” He lies about which companies he founded:

https://www.businessinsider.com/tesla-cofounder-martin-eberhard-interview-history-elon-musk-ev-market-2023-2 He lies about being the “chief engineer” of those companies:

https://www.quora.com/Was-Elon-Musk-the-actual-engineer-behind-SpaceX-and-Tesla

He lies about really stupid stuff, like claiming that comsats that share the same spectrum will deliver steady broadband speeds as they add more users who each get a narrower slice of that spectrum:

https://www.eff.org/wp/case-fiber-home-today-why-fiber-superior-medium-21st-century-broadband

The fundamental laws of physics don’t care about this bullshit, but people do. The comsat lie convinced a bunch of people that pulling fiber to all our homes is literally impossible — as though the electrical and phone lines that come to our homes now were installed by an ancient, lost civilization. Pulling new cabling isn’t a mysterious art, like embalming pharaohs. We do it all the time. One of the poorest places in America installed universal fiber with a mule named “Ole Bub”:

https://www.newyorker.com/tech/annals-of-technology/the-one-traffic-light-town-with-some-of-the-fastest-internet-in-the-us

Previous tech barons had “reality distortion fields,” but Musk just blithely contradicts himself and pretends he isn’t doing so, like a budget Steve Jobs. There’s an entire site devoted to cataloging Musk’s public lies:

https://elonmusk.today/

But while Musk lacks the charm of earlier Silicon Valley grifters, he’s much better than they ever were at running a long con. For years, he’s been promising “full self driving…next year.”

https://pluralistic.net/2022/10/09/herbies-revenge/#100-billion-here-100-billion-there-pretty-soon-youre-talking-real-money

He’s hasn’t delivered, but he keeps claiming he has, making Teslas some of the deadliest cars on the road:

https://www.washingtonpost.com/technology/2023/06/10/tesla-autopilot-crashes-elon-musk/

Tesla is a giant shell-game masquerading as a car company. The important thing about Tesla isn’t its cars, it’s Tesla’s business arrangement, the Tesla-Financial Complex:

https://pluralistic.net/2021/11/24/no-puedo-pagar-no-pagara/#Rat

Once you start unpacking Tesla’s balance sheets, you start to realize how much the company depends on government subsidies and tax-breaks, combined with selling carbon credits that make huge, planet-destroying SUVs possible, under the pretense that this is somehow good for the environment:

https://pluralistic.net/2021/04/14/for-sale-green-indulgences/#killer-analogy

But even with all those financial shenanigans, Tesla’s got an absurdly high valuation, soaring at times to 1600x its profitability:

https://pluralistic.net/2021/01/15/hoover-calling/#intangibles

That valuation represents a bet on Tesla’s ability to extract ever-higher rents from its customers. Take Tesla’s batteries: you pay for the battery when you buy your car, but you don’t own that battery. You have to rent the right to use its full capacity, with Tesla reserving the right to reduce how far you go on a charge based on your willingness to pay:

https://memex.craphound.com/2017/09/10/teslas-demon-haunted-cars-in-irmas-path-get-a-temporary-battery-life-boost/

That’s just one of the many rent-a-features that Tesla drivers have to shell out for. You don’t own your car at all: when you sell it as a used vehicle, Tesla strips out these features you paid for and makes the next driver pay again, reducing the value of your used car and transfering it to Tesla’s shareholders:

https://www.theverge.com/2020/2/6/21127243/tesla-model-s-autopilot-disabled-remotely-used-car-update

To maintain this rent-extraction racket, Tesla uses DRM that makes it a felony to alter your own car’s software without Tesla’s permission. This is the root of all autoenshittification:

https://pluralistic.net/2023/07/24/rent-to-pwn/#kitt-is-a-demon

This is technofeudalism. Whereas capitalists seek profits (income from selling things), feudalists seek rents (income from owning the things other people use). If Telsa were a capitalist enterprise, then entrepreneurs could enter the market and sell mods that let you unlock the functionality in your own car:

https://pluralistic.net/2020/06/11/1-in-3/#boost-50

But because Tesla is a feudal enterprise, capitalists must first secure permission from the fief, Elon Musk, who decides which companies are allowed to compete with him, and how.

Once a company owns the right to decide which software you can run, there’s no limit to the ways it can extract rent from you. Blocking you from changing your device’s software lets a company run overt scams on you. For example, they can block you from getting your car independently repaired with third-party parts.

But they can also screw you in sneaky ways. Once a device has DRM on it, Section 1201 of the DMCA makes it a felony to bypass that DRM, even for legitimate purposes. That means that your DRM-locked device can spy on you, and because no one is allowed to explore how that surveillance works, the manufacturer can be incredibly sloppy with all the personal info they gather:

https://www.cnbc.com/2019/03/29/tesla-model-3-keeps-data-like-crash-videos-location-phone-contacts.html

All kinds of hidden anti-features can lurk in your DRM-locked car, protected from discovery, analysis and criticism by the illegality of bypassing the DRM. For example, Teslas have a hidden feature that lets them lock out their owners and summon a repo man to drive them away if you have a dispute about a late payment:

https://tiremeetsroad.com/2021/03/18/tesla-allegedly-remotely-unlocks-model-3-owners-car-uses-smart-summon-to-help-repo-agent/

DRM is a gun on the mantlepiece in Act I, and by Act III, it goes off, revealing some kind of ugly and often dangerous scam. Remember Dieselgate? Volkswagen created a line of demon-haunted cars: if they thought they were being scrutinized (by regulators measuring their emissions), they switched into a mode that traded performance for low emissions. But when they believed themselves to be unobserved, they reversed this, emitting deadly levels of NOX but delivering superior mileage.

The conversion of the VW diesel fleet into mobile gas-chambers wouldn’t have been possible without DRM. DRM adds a layer of serious criminal jeopardy to anyone attempting to reverse-engineer and study any device, from a phone to a car. DRM let Apple claim to be a champion of its users’ privacy even as it spied on them from asshole to appetite:

https://pluralistic.net/2022/11/14/luxury-surveillance/#liar-liar

Now, Tesla is having its own Dieselgate scandal. A stunning investigation by Steve Stecklow and Norihiko Shirouzu for Reuters reveals how Tesla was able to create its own demon-haunted car, which systematically deceived drivers about its driving range, and the increasingly desperate measures the company turned to as customers discovered the ruse:

https://www.reuters.com/investigates/special-report/tesla-batteries-range/

The root of the deception is very simple: Tesla mis-sells its cars by falsely claiming ranges that those cars can’t attain. Every person who ever bought a Tesla was defrauded.

But this fraud would be easy to detect. If you bought a Tesla rated for 353 miles on a charge, but the dashboard range predictor told you that your fully charged car could only go 150 miles, you’d immediately figure something was up. So your Telsa tells another lie: the range predictor tells you that you can go 353 miles.

But again, if the car continued to tell you it has 203 miles of range when it was about to run out of charge, you’d figure something was up pretty quick — like, the first time your car ran out of battery while the dashboard cheerily informed you that you had 203 miles of range left.

So Teslas tell a third lie: when the battery charge reached about 50%, the fake range is replaced with the real one. That way, drivers aren’t getting mass-stranded by the roadside, and the scam can continue.

But there’s a new problem: drivers whose cars are rated for 353 miles but can’t go anything like that far on a full charge naturally assume that something is wrong with their cars, so they start calling Tesla service and asking to have the car checked over.

This creates a problem for Tesla: those service calls can cost the company $1,000, and of course, there’s nothing wrong with the car. It’s performing exactly as designed. So Tesla created its boldest fraud yet: a boiler-room full of anti-salespeople charged with convincing people that their cars weren’t broken.

This new unit — the “diversion team” — was headquartered in a Nevada satellite office, which was equipped with a metal xylophone that would be rung in triumph every time a Tesla owner was successfully conned into thinking that their car wasn’t defrauding them.

When a Tesla owner called this boiler room, the diverter would run remote diagnostics on their car, then pronounce it fine, and chide the driver for having energy-hungry driving habits (shades of Steve Jobs’s “You’re holding it wrong”):

https://www.wired.com/2010/06/iphone-4-holding-it-wrong/

The drivers who called the Diversion Team weren’t just lied to, they were also punished. The Tesla app was silently altered so that anyone who filed a complaint about their car’s range was no longer able to book a service appointment for any reason. If their car malfunctioned, they’d have to request a callback, which could take several days.

Meanwhile, the diverters on the diversion team were instructed not to inform drivers if the remote diagnostics they performed detected any other defects in the cars.

The diversion team had a 750 complaint/week quota: to juke this stat, diverters would close the case for any driver who failed to answer the phone when they were eventually called back. The center received 2,000+ calls every week. Diverters were ordered to keep calls to five minutes or less.

Eventually, diverters were ordered to cease performing any remote diagnostics on drivers’ cars: a source told Reuters that “Thousands of customers were told there is nothing wrong with their car” without any diagnostics being performed.

Predicting EV range is an inexact science as many factors can affect battery life, notably whether a journey is uphill or downhill. Every EV automaker has to come up with a figure that represents some kind of best guess under a mix of conditions. But while other manufacturers err on the side of caution, Tesla has the most inaccurate mileage estimates in the industry, double the industry average.

Other countries’ regulators have taken note. In Korea, Tesla was fined millions and Elon Musk was personally required to state that he had deceived Tesla buyers. The Korean regulator found that the true range of Teslas under normal winter conditions was less than half of the claimed range.

Now, many companies have been run by malignant narcissists who lied compulsively — think of Thomas Edison, archnemesis of Nikola Tesla himself. The difference here isn’t merely that Musk is a deeply unfit monster of a human being — but rather, that DRM allows him to defraud his customers behind a state-enforced opaque veil. The digital computers at the heart of a Tesla aren’t just demons haunting the car, changing its performance based on whether it believes it is being observed — they also allow Musk to invoke the power of the US government to felonize anyone who tries to peer into the black box where he commits his frauds.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/07/28/edison-not-tesla/#demon-haunted-world

This Sunday (July 30) at 1530h, I’m appearing on a panel at Midsummer Scream in Long Beach, CA, to discuss the wonderful, award-winning “Ghost Post” Haunted Mansion project I worked on for Disney Imagineering.

Image ID [A scene out of an 11th century tome on demon-summoning called 'Compendium rarissimum totius Artis Magicae sistematisatae per celeberrimos Artis hujus Magistros. Anno 1057. Noli me tangere.' It depicts a demon tormenting two unlucky would-be demon-summoners who have dug up a grave in a graveyard. One summoner is held aloft by his hair, screaming; the other screams from inside the grave he is digging up. The scene has been altered to remove the demon's prominent, urinating penis, to add in a Tesla supercharger, and a red Tesla Model S nosing into the scene.]

Image: Steve Jurvetson (modified) https://commons.wikimedia.org/wiki/File:Tesla_Model_S_Indoors.jpg

CC BY 2.0 https://creativecommons.org/licenses/by/2.0/deed.en

[awesome-casuallyfamouscollector]

After increased demand for used cars and a resultant rise in prices during the pandemic, the market stabilized in the second half of last year, according to a release from car loan company Inbank Latvia.

According to the company, the average loan amount issued in 2023 for the purchase of a used car was 7,500 euros, which is 12% more than the year before. The average loan term last year was  5 years and 4 months, while the average monthly payment was around 160 euros.(..)

P.S. The most important segment in the Latvian car market is used cars and the average price that a normal average citizen can afford to spend on a car loan is 7,500 euros! This is the absolute majority of cars on the road! This means that new and used Chinese-made electric cars (if they don't rust too quickly) with LFP batteries have very good chances to occupy the Latvian car market...

As well, this means that the market for overpriced new cars in Latvia has little capacity and these are very bad news for legacy automakers...and their very badly overpriced ICE and electric vehicles...If the Chinese electric car manufacturers are not arrogant and they act smartly, then the new Chinese electric cars also have very good prospects in Latvia...

[soon-palestine]

𝗨.𝗦. 𝗖𝗢𝗨𝗥𝗧 𝗖𝗟𝗘𝗔𝗥𝗦 𝗧𝗘𝗖𝗛 𝗚𝗜𝗔𝗡𝗧𝗦 𝗢𝗙 𝗖𝗢𝗡𝗚𝗢 𝗔𝗕𝗨𝗦𝗘𝗦

Not guilty.

That's the verdict of a US federal appeals court in a case involving five tech companies accused of benefitting from child labour in Congolese mines. On 5th March, 2024, the US Court of Appeals for the District of Columbia made a 3-0 decision in favour of (Google’s parent company) Alphabet, Microsoft, Dell, Tesla and Apple Inc. in a case filed by 16 former Congolese child miners and their guardians.

The plaintiffs accused the companies of "deliberately obscuring" their dependence on child labour, in effect abetting the exploitation of many children to ensure steady supplies of cobalt. Some of the complainants were the guardians of children who’d been killed in cobalt-mining operations.

The court ruled that buying cobalt in the global supply chain did not amount to "participation in a venture," and there was no proof that the tech giants had anything more than a buyer-seller relationship with suppliers or had the power to stop the use of child labour.

Cobalt is in high demand as competition for market leadership in Electric Vehicle sales kicks into high gear. Nearly two-thirds of the world's cobalt is mined in DR Congo. The country has 2-million artisanal miners working under horrible conditions, according to DelveDatabase, an online database. Four critical minerals - copper, nickel, cobalt and lithium - will generate $16 trillion in the next 25 years, according to the IMF.

DR Congo's vast wealth is the key reason for the country's long history of exploitation and conflict - from Belgian King Leopold II running the country as his private estate to Western tech firms churning out high-end goods using Congolese minerals.

Help raise awareness of the exploitation of Congolese children by sharing this video widely.