Electric shock: A new study found that EVs were more expensive to fuel than gas-powered cars at the end of 2022

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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Of the 25.7 million vehicles currently registered in Canada, just under 330,000 are fully electric. That’s about 1.3%.

Nearly 6% of new cars being sold are currently EVs (although that market has stagnated). However, of the entire Canadian fleet – new and used – just over 1% are battery-electric. There just aren’t that many EVs in Canada, certainly not enough to justify the waste of all those taxpayers’ billions being lavished on the industry by “green” politicians such as Justin Trudeau, Ontario Premier Doug Ford and Quebec Premier Francois Legault.

The Liberal government’s forced transition to EVs just isn’t working. Sales of EVs would have to nearly triple next year to meet the Trudeau government’s regulation dictating that 20% of vehicle sales must – must – be EVs by 2026. They would have to increase 10-fold to hit the mandate of 60% by 2030 and rise 15-fold to hit 2035’s 100% mandate.

Over the next decade, EV technology will improve. Batteries will propel vehicles farther on a charge. Charging times will be reduced and maybe even costs will come down. But not by enough or fast enough to meet the environmental fantasizing of Trudeau and his hardline Environmental Minister Steven Guilbeault.

Canada is a big country with lots of winters, so even with improvements in EV technology, it’s hard to imagine electrics will replace good, old, reliable gasoline- and diesel-powered vehicles anytime soon.

Most major manufacturers have pulled back sharply on EV production since the beginning of the year because the market for electrics just isn’t there. Last week, BMW CEO Oliver Zipse, said that if the EU maintains its EV mandate (which matches Canada’s), it will lead to “massive shrinkage of the (automobile) market.”

But maybe that is just what the Liberals want – far fewer people owning far fewer cars.

The Trudeau government’s own internal research shows their EV mandate will likely price a quarter or more of Canadians out of the car and truck market entirely.

There are two ways to get to 100%. Either you continue to sell current levels of new vehicles and subsidize EVs like hell. Or you sell far fewer cars, but they’re all electric.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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Regina, Saskatchewan
The Trudeau government last week quietly announced that its Zero-Emission Vehicles (iZEV) Program handing out up to $5,000 in public money to motorists willing to buy EVs is being “paused” as previously planned — translation “ended”— by March 31, or sooner if as expected, the money runs out before then…& the very next day, April Fools, the carbon tax jumps up again.

(The current federal carbon price of $80 per tonne, rising to $95 per tonne on April 1, on its way to $170 per tonne on April 1, 2030)

These subsidies have been in place since 2019, costing taxpayers almost $3 billion to date.

The good news is that the majority of Canadians who can’t afford EVs will no longer be subsidizing those who do.
As the subsidies dry up, EV sales will drop, the same way they went up when they were introduced, making these federal mandates increasingly unrealistic, the same way its greenhouse gas emission reduction targets are absurdly optimistic.

To add insult to injury, parliamentary budget officer Yves Giroux reported last year that EV prices need to drop by 31% to achieve the interim target of 60% sales in 2030, at the same time as their costs will go up because of the ending of subsidies.

It’s another example of how the Liberals’ illogical climate change policies — a house of cards built on sand with the tide coming in — are imploding and working against one another, much like the Liberal government itself in its final days.

This as billions of dollars in federal and provincial government subsidies meant to entice Canadian drivers into buying expensive EVs and plug-in hybrids are coming to an end, while the Trudeau government continues to mandate that at least 20% of all new passenger cars sold in Canada must be EVs by next year, rising to 60% in 2030 and 100% in 2035.

If we couldn’t afford this four years into Trudeau’s reign, we really can’t afford this eight or nine years into it. What a mess.
 
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Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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Regina, Saskatchewan
Monday’s closure of the Incentives for Zero-Emission Vehicles (iZEV) program comes just 12 months before the start of a multi-year EV sales mandate where 20% of all new Canadian car sales must be zero-emission, reaching 100% by 2035.
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Speaking at a Tuesday press conference on Parliament Hill, Brian Kingston, Canadian Vehicle Manufacturers’ Association (CVMA) president, said the industry was taken aback to learn about the sudden end of the incentives.
“Given the ambitious mandated targets established just one year ago, industry was shocked to learn the federal zero-emission vehicle purchase incentive program has abruptly ended, creating chaos for consumers,” he said.

“Equally concerning is new data revealing that the pace of the charging infrastructure roll-out is slowing — both are critical preconditions to mass EV adoption.”

On Monday, Transport Canada announced they’d “paused” the iZEV program, rebating up to $5,000 on new electric vehicles.

Quebec is set to stop their own program next month.
The good news is that the majority of Canadians who can’t afford EVs will no longer be subsidizing those who do.
Kingston accused the Trudeau Liberals of shaping policy based on the whims of environmentalists, rather than actual stakeholders.

“Instead of incorporating industry and expert input, the federal government instead relied on ill-conceived analysis from environmental groups posing as automotive experts,” Kingston said.

Tim Reuss, president and CEO of the Canadian Automobile Dealers Association, said the government’s backtrack is especially frustrating for dealers.

“(Environment) Minister (Steven) Guilbeault, this is your program, if you cannot secure adequate funding for it, get rid of it,” he said.

The Toronto Sun reached out to Transport Canada for comment.
 

petros

The Central Scrutinizer
Nov 21, 2008
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Low Earth Orbit
Monday’s closure of the Incentives for Zero-Emission Vehicles (iZEV) program comes just 12 months before the start of a multi-year EV sales mandate where 20% of all new Canadian car sales must be zero-emission, reaching 100% by 2035.
View attachment 26799
Speaking at a Tuesday press conference on Parliament Hill, Brian Kingston, Canadian Vehicle Manufacturers’ Association (CVMA) president, said the industry was taken aback to learn about the sudden end of the incentives.
“Given the ambitious mandated targets established just one year ago, industry was shocked to learn the federal zero-emission vehicle purchase incentive program has abruptly ended, creating chaos for consumers,” he said.

“Equally concerning is new data revealing that the pace of the charging infrastructure roll-out is slowing — both are critical preconditions to mass EV adoption.”

On Monday, Transport Canada announced they’d “paused” the iZEV program, rebating up to $5,000 on new electric vehicles.

Quebec is set to stop their own program next month.

Kingston accused the Trudeau Liberals of shaping policy based on the whims of environmentalists, rather than actual stakeholders.

“Instead of incorporating industry and expert input, the federal government instead relied on ill-conceived analysis from environmental groups posing as automotive experts,” Kingston said.

Tim Reuss, president and CEO of the Canadian Automobile Dealers Association, said the government’s backtrack is especially frustrating for dealers.

“(Environment) Minister (Steven) Guilbeault, this is your program, if you cannot secure adequate funding for it, get rid of it,” he said.

The Toronto Sun reached out to Transport Canada for comment.
EV is retarded. Hydrogen and half breeds are the future.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
27,766
10,338
113
Regina, Saskatchewan
President Donald Trump on Monday revoked a 2021 executive order signed by his predecessor Joe Biden that sought to ensure half of all new vehicles sold in 2030 were electric.

The 50% target, which was not legally binding, won the support of U.S. and foreign automakers. Trump also plans to direct agencies to reconsider rules mandating more stringent emissions rules that would require automakers to sell between 30% to 56% EVs by 2032 in order to comply.
1737465740551.jpeg
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
27,766
10,338
113
Regina, Saskatchewan
During a press conference last week on Parliament Hill, Canada’s automakers urged the government to do away with new rules mandates requiring all new cars sold in Canada to be zero-emission by 2035.

Canada remains steadfast in pushing ahead with its 2035 ban on internal combustion engines despite pressure from Canada’s auto industry and Donald Trump’s removal of the American EV mandates.

The call came shortly after a federal zero-emission rebate program was unexpectedly cancelled after it ran out of money — one year before the mandate’s first phase requiring 20% of all new cars sold in Canada to be zero-emission, so no more subsidies for the wealthy from the rest of the population as that well is now sucked dry.
1737724019315.jpeg
“It should be obvious to everyone now that provincial and federally mandated zero emission sales targets are no longer ambitious, but a complete fantasy,” said Brian Kingston, president of the Canadian Vehicle Manufacturers’ Association, during last week’s press conference.

“There is no pathway to 100% zero-emission vehicle sales in the next 10 years with the supports being provided to Canadians. Dictating what vehicles Canadians can and cannot buy, without providing them with the supports necessary to switch to electric is a made-in-Canada policy failure.”
Since 2020, the federal government entered into deals with 13 manufacturers that, according to a June report by the Parliamentary Budget Officer (PBO), now represent $52.5 billion in various government investments and subsidies across the EV supply chain.

That includes billions invested or pledged to support battery manufacturing across Canada, including plants in Maple Ridge, B.C., southeastern Quebec and two Ontario plants in St. Thomas and Windsor — which in 2023 the PBO said it would take 20 years for the federal and provincial governments to break even on subsidies promised to carmakers, far more than the five initially promised.

University of Guelph economics Prof. Ross McKitrick, explaining that any money that has been spent so far is as good as gone. With the Trudeau Liberals’ zero emission vehicle rebate program running out of money earlier this month, Canada’s auto industry held a press conference on Parliament Hill last week calling for an end to Canada’s mandates.

Among the executive orders signed by U.S. President Donald Trump on his first day in office was ending electric vehicle mandates established by his predecessor dictating that 50% of all new car sales by 2030 in the U.S. must be EVs, with a full ban on internal combustion engines by 2035.
 

petros

The Central Scrutinizer
Nov 21, 2008
115,529
13,658
113
Low Earth Orbit
During a press conference last week on Parliament Hill, Canada’s automakers urged the government to do away with new rules mandates requiring all new cars sold in Canada to be zero-emission by 2035.

Canada remains steadfast in pushing ahead with its 2035 ban on internal combustion engines despite pressure from Canada’s auto industry and Donald Trump’s removal of the American EV mandates.

The call came shortly after a federal zero-emission rebate program was unexpectedly cancelled after it ran out of money — one year before the mandate’s first phase requiring 20% of all new cars sold in Canada to be zero-emission, so no more subsidies for the wealthy from the rest of the population as that well is now sucked dry.
View attachment 27038
“It should be obvious to everyone now that provincial and federally mandated zero emission sales targets are no longer ambitious, but a complete fantasy,” said Brian Kingston, president of the Canadian Vehicle Manufacturers’ Association, during last week’s press conference.

“There is no pathway to 100% zero-emission vehicle sales in the next 10 years with the supports being provided to Canadians. Dictating what vehicles Canadians can and cannot buy, without providing them with the supports necessary to switch to electric is a made-in-Canada policy failure.”
Since 2020, the federal government entered into deals with 13 manufacturers that, according to a June report by the Parliamentary Budget Officer (PBO), now represent $52.5 billion in various government investments and subsidies across the EV supply chain.

That includes billions invested or pledged to support battery manufacturing across Canada, including plants in Maple Ridge, B.C., southeastern Quebec and two Ontario plants in St. Thomas and Windsor — which in 2023 the PBO said it would take 20 years for the federal and provincial governments to break even on subsidies promised to carmakers, far more than the five initially promised.

University of Guelph economics Prof. Ross McKitrick, explaining that any money that has been spent so far is as good as gone. With the Trudeau Liberals’ zero emission vehicle rebate program running out of money earlier this month, Canada’s auto industry held a press conference on Parliament Hill last week calling for an end to Canada’s mandates.

Among the executive orders signed by U.S. President Donald Trump on his first day in office was ending electric vehicle mandates established by his predecessor dictating that 50% of all new car sales by 2030 in the U.S. must be EVs, with a full ban on internal combustion engines by 2035.
Hydrogen ICE is the future not electric. SMRs can cook unlimited hydrogen on scale anywhere.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
27,766
10,338
113
Regina, Saskatchewan
1743155366304.jpegTrevor Milton, the founder of bankrupt electric and hydrogen-powered truck maker Nikola who was convicted of fraud, has been pardoned by U.S. President Donald Trump, Milton said in a social media post on Thursday.

According to federal prosecutors, Milton misled investors by stating that Nikola had built a pickup from the "ground up," that it had developed its own batteries even though he knew it was buying them, and that it had early success creating a "Nikola One" semi-truck that he knew did not work.
1743155651816.jpeg
Milton was convicted in October 2022 on one count of securities fraud and two counts of wire fraud, and acquitted on an additional securities fraud count.

The company last month filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets.

Milton was sentenced to four years in prison in 2023 after a jury found him guilty of lying to investors about the company's technology.

"Today I was issued a full and unconditional pardon by Donald Trump himself. He called me personally to tell me," Milton said in an Instagram post.

The White House and Nikola did not immediately respond to requests for comment.🤔
Phoenix, Arizona-based Nikola, delivered its first vehicle in December 2021. A series of fire incidents involving its electric trucks in 2023 resulted in a recall of all its vehicles and raised safety concerns.