EV Bubble Popping… US backs away from forced EV sales targets
... The shift has been so fast the full length of the supply chain is in turmoil. The price of lithium has fallen 90% from it’s peak, nickel has halved. Ford has sacked 1,400 people. GM has cut its workforce by 1,000. Hertz is selling one third of it’s electric fleet and cancelling $3 billion dollars worth of forward orders. A month ago, the biggest political party in the EU decided it would rather drop the ban on petrol and diesel cars.
Meanwhile EV drivers in China are learning the same awful lessons the US learned a month ago. EV batteries don’t go as far during freezing cold weather and are extremely hard to charge. During the Lunar New Year holiday Chinese drivers have been forced to push their EV’s for miles in the snow, while traffic jams formed at charging stations. Drivers were so desperate they lit fires on roads to stay warm, rather than use their car heaters and drain the battery. EV’s were banned from the Hainan Ferry due to the fire risk. It must have been sudden. Some Chin
https://joannenova.com.au/2024/02/ev-bubble-popping-us-backs-away-from-forced-ev-sales-targets/
Ottawa Funded the China Ferry Deal—Then Pretended to Oppose It
While Beijing-backed hackers infiltrated Canadian telecoms, federal and B.C. leaders quietly financed a billion-dollar shipbuilding deal with a Chinese state firm—then tried to pass the buck.
https://theoppositionnewsnetwork.substack.com/p/ottawa-funded-the-china-ferry-dealthen
Some of these things I still miss
I grew up without safe spaces.
I grew up without trigger warnings.
I drank water from the hose.
I ate peanuts in class.
None of us wore a helmet.
Kids got hurt. We fell down. And we signed a lot of casts.
We couldn’t pause TV. We’d call out “It’s on!” as soon as the commercials started to end (for those who had left the room). And we watched our favourite shows as a family.
There was no next day delivery.
There was no bundle this with that.
There was no internet. Skip the Dishes didn’t exist.
Fast food was not the norm. It was easier to eat healthy. There were home phones. There was VH.........
