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“I’m Truly Starting To Fear The Worst For The US Car Industry…”

Authored by Ethan Gaines via A Cold War Relic blog, I love selling cars, the industry gave me a purpose after the shitty experience of being a corporate cog. But I’m truly starting to fear the worst for the American car industry. The industry has shown growth since the dark days of the recession but […]


China Launches World’s First All-Electric Cargo Ship

Authored by Zainab Calcuttawala via OilPrice.com, Tesla is not the only one bringing electric engines to cargo transport. China just launched its first all-electric cargo ship, which will travel 50 miles at a top speed of 8 miles per hour on a single charge. Though it will be able to carry 2,200 tons of cargo […]


Why Bitcoin-Mining May Be Elon Musk’s Next Big Problem…

If you thought Tesla was burning cash now, wait until this latest scheme goes mainstream… As EcoMotoringNews.com reports, some creative Tesla owners came up with a way to make a few bucks from their parked EVs: Cryptocurrency mining. This raises questions that shouldn’t just be aimed at bitcoin mining, or even electric vehicles. For those […]


VW Planning $12 Billion Investment In Electric Cars For Chinese Market

Just days ahead of this weekend’s Guangzhou Auto Show, Volkswagen has announced plans to invest $12 billion dollars into efforts to build coal-fueled electric vehicles in China.  According the Wall Street Journal, VW plans to produce 400,000 EVs by 2020 and introduce 5 new all-electric models each year through 2025. Volkswagen AG and its Chinese […]


Car Crash – The Wait Is Over

Authored by Blinders Off's Daniel Ruiz via RealVision.com, Before I get started, I’d like to share a few important things that will help bring perspective to my analysis. Eighty-six percent of consumers purchasing a new vehicle use financing. The frequency of replacement (trade cycles) by this group significantly impacts the velocity of new-vehicle sales. Under […]


“This Is A Tax Bomb”: Norway Considers Massive “Tesla Tax”

Elon Musk can’t seem to catch a break lately with cash burn rates surging to new highs every quarter and embarrassing rumors suggesting that the company, one that was supposed to be the most technologically sophisticated auto manufacturer in the world, has been making parts by hand to try to get Model 3s on the […]


Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses

Last month we noted that Tesla really outdid itself in 2Q 2017 by posting a record cash burn of $1.2 billion, or roughly $13 million every single day.  Per the chart below, Tesla's Q2 cash burn was just a continuation of the company's money-losing trend that goes back at least 6 years and seems to […]


Electricity YAY!

By Chris at www.CapitalistExploits.at Britain to ban sale of all diesel and petrol cars and vans from 2040 So says the Guardian. Which follows on from: France to ban sales of petrol and diesel cars by 2040 This follows Norway, The Netherlands, Germany and now – the big Daddy… China plans to ban sales of fossil […]


If You Can’t Beat ‘Em… Ban ‘Em

Authored by Eric Peters via EricPetersAutos.com, Since they can’t sell electric cars – not enough of them, anyhow – and not without subsidies so huge they amount to outright bribes – the solution appears to be to outlaw all cars except electric cars. This is no joke. There are IC engine No Go Zones in […]


China’s Electric (A.K.A. Coal-Fueled) Car Companies Soar On Promise Of Petrol Vehicle Ban

A few weeks ago we highlighted an ‘inconvenient fact’ for the publicly traded electric car manufacturers and the environmentally-conscious Left, namely that, according to Morgan Stanley, electric cars generate more CO2 than they save.  As a stark reminder to our left-leaning political elites who created these companies with massive taxpayer funded subsidies in the United […]


Daimler Hints That Electric-Vehicle Sales Would Collapse Without Subsidies

Automakers in the US and Europe that have dedicated vast resources to developing electric or hybrid vehicles are slowly waking up to an uncomfortable reality: The market for electric vehicles in the West would simply not exist without subsidies. Even with the generous tax credits and rebates, received more often than not by wealthy buyers […]


Will EVs Break The Grid?

Authored by Tsvetana Paraskova via OilPrice.com, While the UK government has vowed to end the sale of all new conventional gasoline and diesel cars by 2040, as part of a wider plan to fight air pollution, there is talk that electricity demand will lead to a fast and dirty response to a strained power grid. […]


Are German Car Manufacturers Bracing For Another Collapse?

Last week, Volkswagen, the German car brand, announced it would be paying up to 10,000 EUR per (old) car (of any brand) owners would trade in for a brand-new Volkswagen in Germany. Just a few days later, Opel (previously owned by General Motors but currently owned by PSA, the French brand which also produces the […]