Hertz and most likely other rental car companies got really burned by their ambitious EV adoption programs. While private household -middle und labour class people, the mass market-, buy used cars because new ones are already too expensive for the private market, save EVs, rental car companies where feeding the used car market with used cars too sell. Problem: due to the massive risk the battery poses, nobody is buying these used EVs , or only at a massive discount, which bite Herts and Co. The user/buyer chain we know from normal cars has, and will most likely, not established with EVs. Normal car driver need their car, and their financial reserves are limited or even simply not there. The people who live from paycheck to paycheck is increasing. They can't afford the risk to buy a replacement battery which cost more then the used car's remaining value. Not to mention all the the issues.
What s BS, I see a LOT of (especially young) people switching to EV. I would switch also myself if the price wasn't that high because of the trade tariffs on Chinese EVs.
This video is shamefully dishonest. American & European companies failed to seriously learn how to make EVs. Their tech is decades behind Tesla & Chinese manufacturers. So far, in fact, that there is almost no chance of catching up sufficiently to survive. They understand that the race is already lost and that last year's EV will be uncompetitive in 3 years. They have, therefore, decided to fight as they die, rejecting the superior technology as their offerings are pathetically inferior and unable to compete. They made a killing going into China but the Chinese learned from them what was needed to succeed.
It's not about technology!!! The main reason is because it is not fair to other car companies. The Chinese government pays for EVs so that they can be sold cheaper because their main goal is to rule the world. This is, of course, not fair, and that is why these restrictions exist. Technology has nothing to do with it. Their technology is not so good either, that your computer/navigation freezes in your car multiple times, the car is turning right/left (crash) because the lane keeping feature is poor, wheel falls off during normal driving, the airbag does not activate, etc. etc. Just because the interior is a bit prettier or has a few features more doesn't mean it's 2030 technology. 🤣
@@dchubworldsharenetwork What in goodness do you think America has been doing for 70 years. They have been fixing prices around the world. Most recently in Mexico and CHINA.
If China subsidizes her EVs manufacturers, then why can't EU and the US governments subsidize their EVs manufacturers also?
It's crazy how optimistic this video is for ev's
Hertz and most likely other rental car companies got really burned by their ambitious EV adoption programs.
While private household -middle und labour class people, the mass market-, buy used cars because new ones are already too expensive for the private market, save EVs, rental car companies where feeding the used car market with used cars too sell.
Problem: due to the massive risk the battery poses, nobody is buying these used EVs , or only at a massive discount, which bite Herts and Co.
The user/buyer chain we know from normal cars has, and will most likely, not established with EVs.
Normal car driver need their car, and their financial reserves are limited or even simply not there. The people who live from paycheck to paycheck is increasing.
They can't afford the risk to buy a replacement battery which cost more then the used car's remaining value.
Not to mention all the the issues.
What s BS, I see a LOT of (especially young) people switching to EV. I would switch also myself if the price wasn't that high because of the trade tariffs on Chinese EVs.
They're *not*. Check the Electric Viking for an antidote to this sort of nonsense.
This video is shamefully dishonest. American & European companies failed to seriously learn how to make EVs. Their tech is decades behind Tesla & Chinese manufacturers. So far, in fact, that there is almost no chance of catching up sufficiently to survive. They understand that the race is already lost and that last year's EV will be uncompetitive in 3 years. They have, therefore, decided to fight as they die, rejecting the superior technology as their offerings are pathetically inferior and unable to compete. They made a killing going into China but the Chinese learned from them what was needed to succeed.
It's not about technology!!!
The main reason is because it is not fair to other car companies. The Chinese government pays for EVs so that they can be sold cheaper because their main goal is to rule the world.
This is, of course, not fair, and that is why these restrictions exist. Technology has nothing to do with it.
Their technology is not so good either, that your computer/navigation freezes in your car multiple times, the car is turning right/left (crash) because the lane keeping feature is poor, wheel falls off during normal driving, the airbag does not activate, etc. etc.
Just because the interior is a bit prettier or has a few features more doesn't mean it's 2030 technology. 🤣
@@dchubworldsharenetwork What in goodness do you think America has been doing for 70 years. They have been fixing prices around the world. Most recently in Mexico and CHINA.