AD #3560 – White House Praises Tesla & Toyota; Kia to Double EV Leasing; Waymo Expands Robotaxi Service

May 4th, 2023 at 11:58am

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0:00 Volvo Joins the Job Cuts Club
0:51 Biden White House Praises Tesla & Toyota
1:40 EPA Allows e15 to Expand Gas Supplies
2:08 BMW EV Sales Booming
3:03 Freightliner Unveils Class 6 & 7 EV Trucks
3:52 Norwegian Green Hydrogen Coming to Michigan
4:35 Bosch Creates New Mobility Unit
5:20 Kia to Double EV Leasing
5:48 Kia EV9 Ships This Year
6:55 Waymo Expands Robotaxi Service
7:59 Citroen C4, Peugeot 2008 Share EV Updates

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31 Comments to “AD #3560 – White House Praises Tesla & Toyota; Kia to Double EV Leasing; Waymo Expands Robotaxi Service”

  1. Drew Says:

    E15 is not a solution. It is a problem. It’ll kill gas-powered yard tools, but perhaps that is what this administration wants.

  2. Lew Says:

    An inquiring mind wants to know, does the foreign made car sold after lease pay the $7,500 TAX?

  3. Danny Turnpaugh Says:

    While maybe some cars will do okay on E15 older vehicles and lawn mowers won’t. Why don’t they suggest we drive our gas guzzlers and even hybrids less miles that would help save on oil and pollute the air less.

  4. Ziggy Says:

    @1 +++++++++++++++++++++++

  5. Albemarle Says:

    Praising Tesla is a good idea, just years late. But praising Toyota because they have had a verbal change of heart very recently is questionable at best.

    I think they should have praised Rolls Royce who recognized the EV trend long before the Toys.

  6. Kit Gerhart Says:

    1,3 Won’t E15 be labeled as such on the pump, so people can avoid it for lawn tools and older cars? Also, even for vehicles that can use it safely, E15 should cost about 1% less than E10, because it has about 1% less energy.

  7. Lew Says:

    Ethanol free gasoline has been available for small engines in Home Depot, Lowes & Lawn Mower repair shops for several years.

  8. Drew Says:

    I have moved all my yard tools to battery-powered except my snowblower (big driveway) and riding mower (large lawn). I’m waiting for the bee lovers to tell me not to mow in May anyway.

  9. Danny Turnpaugh Says:

    #6 your right it should be posted on the gasoline pumps but some people won’t have any idea what E15 means , they probably don’t have a clue what yellow sticker that says 87,91 & 93 mean they have been told to use the 87 so they do that not knowing why.

  10. XA351GT Says:

    #6 It won’t matter much if all the gas stations will supply is E15. Try finding E0 fuel. Not easy to do. The closest station to me that carries E0 is 21 miles away. When you do it costs 2 cents less than diesel and 14 cents more the equal octane of E10 as I found out this past weekend when I bought 5 gallons for my equipment. Even the newer stuff that says it can run on E10 recommends E0 to avoid long term issues with fuel.

  11. XA351GT Says:

    #7 yeah at $27 a gallon. Tractor supply sells 1 gallon cans of E0 made by VP for that much. I don’t pay that much for race gas.

  12. Kit Gerhart Says:

    10 There are marinas near me that have E0, but also, a regular Chevron station. They see not to use it in modern cars, though. I guess it doesn’t have some of the normal additives, and might carbon up valves, etc.

  13. Wim van Acker Says:

    @1 what is the fuel consumption of gasoline-powered yard tools compared to motor vehicles?

  14. Wim van Acker Says:

    @9 ignorance of the public cannot be the argument to move into a certain direction. Better information and the public actually paying attention can take care of that problem.

    Many people I know believe that their vehicle runs on “gas”, without understanding that their vehicle is gasoline-powered and that gasoline is a liquid and not a gas.

  15. Wim van Acker Says:

    @1, 3, 4, 6, 10, 11 you are putting out strong arguments to move to electric vehicle propulsion.

    I will always keep an ICE vehicle myself, albeit diesel-powered instead of gasoline-powered: many commercial vehicles will be running on Diesel fuel for many years to come and therefore my fuel supply will be secure.

  16. XA351GT Says:

    15 Forced obsolescence Isn’t a strong argument it’s strong arming people to bend to one’s will. Electrics have their place not for every situation just like ICE isn’t . You wouldn’t want a gas powered fork truck filling your building with fumes. everything has it’s place and use. The governments problem is they are trying to put everything in one basket and that is doomed to fail.

  17. Wim van Acker Says:

    @16 I fully agree with you on that

  18. Merv Says:

    I’m a bit old fashioned and don’t see myself in a vehicle without a driver.

  19. MJB Says:

    In answer to your very first query of the monologue, John, an economic downturn greater than that of 2008 is upon us. The big three know it. Banks know it. Fed chairman Jerome Powell knows it. And every savvy real estate insider/analyst who lived through the 2008 bubble and made note of the financial patterns surrounding it knows that current conditions spell very bad things in the coming months. Oh, and the devaluation of the USD is a major catalyst this time around.

  20. Norm T Says:

    Lew #2,

    Yes, used PHEV/EV do qualify for a smaller tax credit. But not many talk about used, just new ones.

  21. MJB Says:

    19 – I meant to cite you, Sean, not John.

  22. Drew Says:

    @13 – Wim, the consumption amount is not the issue. The issue is near all small engine yard tools (edgers, chain saws, leaf blowers, mowers and snowblowers) have low cost fuel delivery hardware that fail after exposure to ethanol.

  23. Kit Gerhart Says:

    19 The economy is expanding and unemploymentis at near record lows. Yeah, maybe most of Dodd-Frank shouldn’t havebeen repealed, and those banks couldn’t have been so risky.

  24. Kit Gerhart Says:

    19,20 If the nihilists in the house decide to default on the debt, yeah, things could be bad.

  25. Kit Gerhart Says:

    24, That’s 19, 24

  26. Rene Says:

    Take three similar bodied vehicle – 1 ICE powered, 1 gas/electric hybrid, 1 EV. All start same place on west coast and leave same time. What is the order of arrival in Washington DC? No funny business. Considering time to fill gas or recharge,normal drive days, etc. Invite usual government bureaucrats to ride along. Shouldn’t be too hard to figure order of finish.

  27. MJB Says:

    24. Just remember (between the fall and end of year) you heard it from me first. It’s coming, and it won’t be pretty – especially for the commercial real estate sector. The banks are over leveraged with commercial mortgage backed securities that are about to be defaulted on just like we saw with residential properties back in ’08.

  28. Lambo2015 Says:

    Being union or not shouldnt have anything to do with admitting a company is easy to work with.

    The robo taxies have a tough road ahead. Much like the airline industry we often times sensationalize the failures of the safest form of transportation. So we can accept a few hundred thousand deaths due to human error or negligent driving but let a robo-taxi fail and you watch the scrutiny it will get. These things need to operate at 100% to meet public expectation and I doubt they can. They may be 10X safer then a human driver but will need to have a 100X record than human driver to suceed.

  29. Kit Gerhart Says:

    It will be years before we have any meaningful data on safety of robotaxies. Even the data on fatalities/million vehicle years by model has very wide confidence limits, even for cars sold in large volume.

    You need millions, or at least hundreds of thousands of robotaxies to get any meaningful data. It’s kind of like safety of airplanes. For years, the Concorde had the best safety record of any active airliner. Then one day, it had by far the worst. One crash, with the small number of Concordes and few flights, moved it from zero, to worst in the industry.

  30. Lambo2015 Says:

    29 Yes but I dont think they can separate it by each and every model and manufacturer to start to get a idea of the safety level. They should track them individually as surly we want to know which one is best. But certainly they have the level of accidents per miles driven by all and can start to formulate a level of confidence based on that.
    Like you pointed out as more and more hit the road I would expect the number to come down as you remove the unexpected human errors even more. A computer will likely operate quite well around other automated vehciles but introducing them while humans are still driving involves guessing the unexpected movements as each human is different. Either way I was just saying that just watch the publicity that one AV gets when someone is killed. It will be a serious failure even though we accept that daily with humans driving.

  31. Kit Gerhart Says:

    30 Yep, all of them will need to be lumped together, to more quickly get the numbers high enough to provide meaningful data.