I’ve posted before on the topic of “Who Killed the Electric Car”, and if you have not seen that documentary, by all means, do so now.
But I stumbled across this 10 minute jewel of historical research (above) that taught me a lot that I did not know, and is well worth your time.
I maintain that the current momentum of the EV industry is unstoppable, but many of the same forces that succeeded in killing General Motors’ EV-1 in the early 2000s are at work today. They will not succeed in stopping the EV transition, but they might well succeed in ending the dominance of the US auto industry permanently.
What is the 10 minute jewel of historical research about EVs? Thanks.
video at top of page
Didn’t have to be this way, we’ve been building electric cars for over a hundred years ~ the 1916 Detroit Coach Co. Rauch & Lang Electric car had an 50-mile range at 20 mph on a single charge and cost $2,800. Adjusted for inflation, that’s about about $65,000, a Tesla, today. But for a few Greedy Old Pigs
In other news, the Los Angeles streetcar system was bought in 1944 by a company whose investors included GM, Firestone Tire and Standard Oil of California. I wonder what happened to it?
https://en.wikipedia.org/wiki/Los_Angeles_Railway#1944_Purchase_by_American_City_Lines
Article about BYD entering Europe:
https://fortune.com/europe/2024/01/28/byd-evs-europe-challenges/
It’s becoming clear that EVs are a dead end. If I were a betting man, I’d short all the US companies that have committed to going all EV. They are suicidal.