Prices of the electricity we use to charge

saneagle

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That's the end of drones?
Health and safety issues! :)
It was the whole drone, not the battery. The battery might have detached after the impact, but you can clearly see the drone inverted just above the car immediately after the impact. You can see it on the grill of the black car behind. The drone bounces of the red car, then falls to the left. It looks like a DJI Phantom. There is what looks like a rectangular artifact shown in the frame before, so it's possible that the drone was carrying something, but the rectangle is too big for a battery. It's about the size of the drone, which is why I think it's just an artifact. God was with her that day. She forgot her change or something, so went back to the shop just as it happened, though if it's a left hand drive car, she might have been OK.

62624
 
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lenny

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Donald Trump opens door for selling $2.3 bn Truth Social stake, stock slips

 
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Woosh

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AndyBike

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And on a lighter note, getting away from trump and back to Ebikes, we have the ...

West Highland Way by Ebike.

Section two(The section from hell) reminds me of the RetroBike ride outs, where we would spend at least 1/2 the day trying to traverse unrideable sections on foot and manhandle the bikes up rocky slopes.

Lovely scenery as ever, and apart from the horrible walking/slogging sections, much of it looks very enjoyable.

Doesnt say on what level of assistance they used, though im going to guess with the climbing and rough sections it was on Eco or Tour.

Links at the end for parts 2,3 and 4.
 

saneagle

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The BVLRA are lobbying the government for help because they can't sell used EVs. If you look at the chart on the left of the slideshow page 3, you can see that they're saying the residual value of an EV after 3 years is only 35% and an ICE car would typically be worth around 50% more.

Basically, their business model was to buy cars at a huge discount due to their buying power, lease them for three years, then sell them at a price not far from what they paid for them; however, this model doesn't work for EVs because the depreciation is too high and nobody wants to buy a three year old used EV. Therefore, they're asking the government for help before they go bust and the auto sales industry collapses. The whole industry is supported by what was the profitable leasing system, and any dealer will tell you that it's the used car sales that drives the industry.

Also, if you look in Autotrader, you can see loads of EVs of every make being sold at huge discounts with delivery mileage only, sometimes with two previous owners and around 2 years old. These cars were all pre-registered to make it look like more were selling than there were. It looks like the dealers pre-registered them but couldn't sell them, so they sold them at a discount to another dealer, who though he could make a quick buck, then they found that they couldn't sell them either. Have a look at this search for 2023 EV cars with less than 100 miles on them, and look at the prices!

VW ID3 three years old 13 miles 30% discount. Where's it been for three years?:
 
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flecc

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The BVLRA are lobbying the government for help because they can't sell used EVs. If you look at the chart on the left of the slideshow page 3, you can see that they're saying the residual value of an EV after 3 years is only 35% and an ICE car would typically be worth around 50% more.

Basically, their business model was to buy cars at a huge discound due to their buying power, lease them for three years, then sell them at a price not far from what they paid for them; however, this model doesn't work for EVs because the depreciation is too high and nobody wants to buy a three year old used EV. Therefore, they're asking the government for help before they go bust and the auto sales industry collapses. The whole industry is supported by what was the profitable leasing system, and any dealer will tell you that it's the used car sales that drives the industry.

Also, if you look in Autotrader, you can see loads of EVs of every make being sold at huge discounts with delivery mileage only, sometimes with two previous owners and around 2 years old. These cars were all pre-registered to make it look like more were selling than there were. It looks like the dealers pre-registered them but couldn't sell them, so they sold them at a discount to another dealer, who though he could make a quick buck, then they found that they couldn't sell them either. Have a look at this search for 2023 EV cars with less than 100 miles on them, and look at the prices!

VW ID3 three years old 13 miles 30% discount. Where's it been for three years?:
I've been saying this since before I bought mine 8 years ago, e-cars only make sense if bought for life, meaning at least the battery life relative to the intended mileage being over 10 years. They are not in any way universal I.C. car replacements.

Its clear that widespread government policies to only allow EVs in future will inevitably mean greatly reduced incidence of car ownership. This is intentional of course, to undo the historic mistake of the authorities ever allowing universal car ownership.
.
 
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Woosh

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VW ID3 three years old 13 miles 30% discount. Where's it been for three years?:
that's common situation with all tech products. If you don't sell your e-bikes within a year, you'll have to discount the rest.
 

Woosh

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Andrew Neil on Trump's economics: 'a lot of old b*llocks'. He's not the only one.

 

saneagle

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that's common situation with all tech products. If you don't sell your e-bikes within a year, you'll have to discount the rest.
The dealers don't actually buy their cars until they sell. Instead, they take a sort of loan for each one to pay something like a stocking cost, so they have to pay an amount of money for each car stocked every month until the car is sold. Until then, the cars are sitting in fields at their expense. Eventually, they have to cut their losses and sell them to a trader to get them off their books.

Those stocking costs were a dead loss, and then they suffer further losses when they sold them at a discount price to entrepreneurs. The entrepreneurs, who buy such stock from dealers, obviously need to buy them for less than what it costs from the manufacturer's direct, plus a bit less because they already know they're difficult to sell; however, they miscalculated. Now they're stuck with them, some three years old and still sitting in fields, as you can see from the Autotrader listings. The only choice they have is to reduce the price until they sell, but then they make a loss too.

To summarise all that, the dealers had the cars allocated, then they pre-registered them. They couldn't sell them to customers, so they sold them at a loss to the trade. The entrepreneurs had to register them, so now the cars have had two owners and never been driven apart from into and out of a field. The entrepreneurs are now trying to sell them at 30% discount on Autotrader. Presumably, they also have a stocking cost and are now making losses.

Additional to that, Manufacturers like VW AUdi are losing approx $6000, Ford $50,000 to $100,000, on every car they sell because the manufacturing costs are too high. They anticipated greater sales, which would amortise their equipment costs, but the sales are too low. Other manufacturers are claiming losses of $billions. That's the mess that EVs have got into, and it's killing the auto trade because nobody can make a profit.
 
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Woosh

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Additional to that, Manufacturers like VW AUdi are losing approx $6000, Ford $50,000 to $100,000, on every car they sell because the manufacturing costs are too high. They anticipated greater sales, which would amortise their equipment costs, but the sales are too low. Other manufacturers are claiming losses of $billions. That's the mess that EVs have got into, and it's killing the auto trade because nobody can make a profit.
Everybody will have to take a long term view to stay in the automotive business. Stellantis and Tesla get their EVs made in China so very little upfront cost and easy to make a profit selling them to Europeans. Ford tries to make them in the USA, so they lose more on amortising startup costs than what the components cost to make the car. All our automotive industries are foreign owned, we have not much to protect. Best to let the customers have cheaper price.
 

saneagle

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Andrew Neil on Trump's economics: 'a lot of old b*llocks'. He's not the only one.

All the WEF owned mainstream media are having an absolute meltdown. Only time will tell whether Trump and his friends made the right decisions. He claims that he has pedges of 6 trillion dollars worth of investment coming into USA. The other side are doing everything they can to undermine him. The stock markets were all overvalued. A realignment has been predicted for ages, and long before Trump mentioned tarrifs. The MSM are using the crash for convenient political capital.

I've been telling you for months that something was going to happen because it was indicated by the rapid rise in the price of gold that started last April, long before Trump's election. Post #2172, post #2218, post #6889, post #8982:

 

Ghost1951

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Ha ha ha. Trump now threatens China with a fifty percent tarrif unless Zi Jinping backs off on the retaliatory 34% tarrif on American goods.....

Good luck with that. My guess is that China won't back off. There is an old saying, 'the further a man rises up the ladder of life, the more he shows his arse to the world'. It certainly fits in this case.
 
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soundwave

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then they will go bust fast trump dont give a $hit :p