Whirl with me back in time all the way to September 2023, when the federal and Quebec governments announced that they would be partnering with Swedish battery maker Northvolt to plunge headlong into the bright green future. Canada and Quebec would be laying out about $2.7 billion in capital, and more in downstream subsidies, to facilitate the construction of a vast, hypermodern battery plant in the province’s hinterland to help meet the world’s unlimited appetite for electric vehicles, creating thousands of jobs and contributing to global environmental health. “It’s a win-win-win — for workers, for communities, and for the environment,” trumpeted the prime minister. What could go wrong?
Brussels Signal: EU taxpayers set to lose more than €300 million over ‘green’ darling Northvolt’s bankruptcy
Porsche is backing off its most aggressive electrification plans. The legendary German automaker recently said it would continue developing internal combustion engines across its catalog to satisfy customer demand as EV sales take a hit.
Phew! Sure glad I didn’t see Ontario in that news story!
I mean, say what you want, but ol’ Blubber Douggie only “invests” our billions in safe battery plants like NextStar and VW.
Going Down With The Grift.
Biden grabs his own Solyndra in multi-billion lame duck giveaway. Let the kickbacks begin. Anyone checked yet to see whose campaign Rivian execs contributed to?
https://www.msn.com/en-us/money/news/biden-grants-rivian-66b-loan-to-revive-stalled-georgia-ev-factory/ar-AA1uNQBv
These people are morons. Are there electric cars rolling off the assembly line with no battery installed because there is a shortage of battery manufacturing capacity? Not as far as I know. Every single electric car built comes with a battery so the capacity to build batteries already exists. Why did these people think we needed all these new battery factories? We need them as much as we need a monorail.
Whenever government doles out large amounts of our money … there is the opportunity to skim deeply and enrich all the right people. Governments/politicians by their nature are liars and thieves. Gilbeault the climate-freak is facing a possible charges for the misuse of 200 million tax dollars … so the news is reporting.
He apparently holds a lot of shares of a company that he and other thieves awarded millions in tax dollars.
Serious conflict of interest here I would say.
Fatso ford was to shut the green religious scam down. When he failed on that file, he lost my support.
Glorified golf carts … replacing real gas vehicles.
What could go wrong.
At least a golf cart has cup holders for my beer, a spot for tees and balls, and a strap to hold my clubs securely. What say you Tesla?
I have been an EV denier from the get-go.
EVs may be useful in large cities where air pollution is a problem, but for the rest of us they are grossly impractical on many levels … things like
charge up times,
where are the chargers?
will there ever be enough electricity to run all the green technology that is coming at us fast and furiously,
resale is horrid,
driving range is not enough for most people,
Insurance will. go up and
parking will be a problem with the possibility of exploding in to a water-resistant blob of magma, without warning,
Plus most people love their gas vehicles and don’t want an EV.
And they are too expensive ….
But ,But, But the government does everything better! Who else could turn a 6 billion dollar project into a 34 billion ++ project?
Ain’t the first time governments backed a loser.
Cucumbers grown in tents
Magnesium plant
CBC
Canada Post
Via Rail
An electric Porsche (Porsche is a two syllable word) … is as illogical as a gasoline powered dildo. And anyone buying an electric Porsche is a total dildo.
Amen to that. Show me a man that drives an electric Porsche and I’ll show you a dildo.
His wife drives a Tahoe and she needs the dildo.
Audi/VW is scaling back their EV production (and closing up to 3 factories) as well as Lotus in the UK while Jaguar appears to go all in.
We’ll pick a winner in 2025 … It’d be swell if one of them could sue a gov’t for their EV malfeasance and market disruption.