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Electric vehicle sales are decelerating in Illinois, as car buyers slow their roll toward electrification. And that's casting a shadow over Gov. J.B. Pritzker's ambitions to make Illinois not only a center of EV manufacturing but a place with more than 1 million EVs on the road by the end of the decade. New EV registrations this year averaged 2,457 per month through August, or about 12% less than during the same period a year ago, according to the Illinois secretary of state.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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When Trump left office gasoline was relatively cheap in Chicago. If we could get back there again I’d be fine with that and we would quit hearing about EVs.
Here’s more bad news for Stellantis and most likely Belvidere.
https://www.yahoo.com/autos/disaster-arrived-stellantis-dealers-call-140000637.html
Nobody wants these things. Get over it, JB, your business acumen has failed you yet again.
When asked about his ‘acumen’, JB the Hutt replied that despite not being able to witness the proceedings, he never misses the urinal.
Sounding like a broken record we have another of Pritzker’s headline generating projects laying an egg right after the election, Is it possible that Pritzker knew before hand that these events had a very short life but mattered little to him as long as the hub bub lasted until his hoped for minute of glory? We will never know for sure as it all could be coincidences like some toilets strangely missing from a building or federal covid funds popping up right when he was bragging on a budget surplus. Well in any event we are now saddled with the… Read more »
One of our hard hitting political journalists should ask JB how he’s going to get to one million EVs by 2030 when Illinois is currently at an annual run rate of 30,ooo new EVs sold. Sorry Governor Blowhard, but that just doesn’t compute.
“Love” the reference to “hard hitting political journalists.”
This is from C-Span about banning tax credits for China for EV’s. Give it a few minutes before they discuss the pro’s and con’s about letting China buy land and build battery companies in the U.S.
https://www.c-span.org/video/?538332-1/house-session&vod
The EV. Another leftist idea so good, it’s mandatory.
No, thanks.
The EV isn’t a leftist idea, some of the very first automobiles invented 120 years ago ran on battery power. There weren’t any gas stations at the time. Those that did run on fossil fuels would buy bottles of kerosene from the local pharmacy to power their new internal combustion engine. But then the marketplace took over and the automobile industry and the infrastructure needed to support that industry grew to what it is today, and mostly, without financial help from the government.
I agree, it is not a leftist idea, but the left is pushing them on us because of their bogus “Climate Change” ideology. They replaced electric vehicles back then because of the cost and people by that time preferred gas powered vehicles over the electric vehicles.
You are correct that the left is pushing them on us and I am totally against government forcing us to purchase a product we may not want to purchase.
At the local supermarket in Central IL, a driver of what appeared to be a new Tesla was wiping it down as he had just come from a nearby car wash. It was a beautiful burgundy with black trim – very sharp looking. I complimented him on his nice looking EV and asked how he liked it. He said it was his second one so he’s use to it. I asked him if he can get to Kansas City (less than a 6 hr drive and under 400 miles) on a single charge. He said ‘Oh no. I can get… Read more »
Yep, range anxiety and high prices are the two biggest factors preventing people from buying an EV. The range issue is an engineering problem that eventually will be solved to the satisfaction of the market for EV buyers. The high price issue will eventually take care of itself as well, as battery prices, the most expensive part of the EV, come down in price and become more efficient. So engineering advances will eventually help solve those two problems. The biggest problem, at least in the U.S. is that half the new vehicle buying market will probably never have any interest… Read more »
Your assumptions on the EV product issues resolving themselves (I doubt it, Mother Nature is unforgiving in her physics) and never mind the inherent safety issue of the battery (read about the Rivian EV’s burning at the factory lot). However, none of this EV stuff should involve one thin dime of taxpayer money. Pritzker and Biden/ Harris keep pushing pet ‘green’ boondoggles at taxpayers expense. Just like Obama did.
Yes, it looks like EVs will become much more commonplace once the two issues you noted are resolved. Musk and company will lower their prices, even though that means Musk may need to wait a little longer to become a trillionaire. I know; it’ll be tough for him to swallow his pride and continue being just one of the many billionaires for a while. Also, as we know, better EV battery options are already beyond the concept stage; e.g., solid-state batteries. Once these boxes are checked, I’ll be less resistant to buy an EV. At that point, what’ll come first:… Read more »