The long distances and poor charging infrastructure in rural areas are starting to be an old story. In just one year, the charging infrastructure has grown tremendously, and it is no longer a problem anywhere in Finland.
People in the countryside mostly live in detached houses where home charging is also more often possible.
As someone who often drives across Finland, the importance of planning charging has even decreased because fast charging is available in so many places.
3 Likes
I somehow get the feeling: could you bring an even more half-baked product to cold markets? A âŹ65k car and itâs a lost cause in winter. And yet, people still buy these; quite a few do, out of brand loyalty.
Can anyone say what the âmeatâ is with car manufacturers right now, or is there any meat at all? P/E ratios range from 3.6 to 6, dividends are 6â7%, and share buybacks are underway. Furthermore, itâs being said that manufacturers arenât making money from car production. What will those figures look like once production is actually profitable? Are car manufacturers just another value trap?
The revelation of electric mixers as unfinished and overpriced luxury products might âslightlyâ have something to do with it. Under inflationary pressures, people have other things to spend their money on than unreliable âecoâ inventions. Too many car manufacturers, in their tech hype, declared they would leave internal combustion engines behind. Now that the battery nonsense isnât selling, the âmeatâ of the business is understandably missing.
The direction will turn when some manufacturers return to their roots and/or the technology matures a bit further. Until then, the sluggish pace will likely continue, at least for a few years.
1 Like
I didnât follow that. Especially since the results were specifically good last year. I think I posted in the wrong thread, as I meant traditional car brands.
Investors look to the future, and there, electric vehicles are taking over the market. Traditional car brands have not fared well in this technological disruption; instead, they make their profits by selling aging technology and lobbying against the change.
https://x.com/financialjuice/status/1857112201825550438
THE TRUMP TRANSITION PLANS TO KILL THE $7,500 CONSUMER TAX CREDIT FOR EVS. THE EV SUBSIDY IS VIEWED BY THE TRUMP TRANSITION AS AN EASY TARGET FOR ELIMINATION WITH BROAD SUPPORT IN NEW REPUBLICAN CONGRESS - SOURCES.
3 Likes