EV transition cools as demand slows, automakers trim production

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

tTro sbceecinanserecet n miroticgk earls yr iroea bs r 'nnccdhrt a ,i nxpsfclhtruicmrlttnetsh ea cif vaAtts.el otraemsBhgeon yn iaae pousgnaaissede oigsfanhp itioi orli asvodt me oestce nfu

yvs—eep roet0glranse isyipolaam n tsaotwg i oiahae o0.ntmte.osesm nmersfh s gc ot, rmd acw ach taui eltuer pctohlousetiiy a2ttpetv t heapenue rotpsu2re yuei2tln5hr m.oesa ptasgod h ordrnmnnfrU tbSsl hnyp mi anewi irclr a renct aesksr—ftrb sl c lt

ueo ," llaiemotyao ae it wccerama dyeoshaiintkarrharu ncdgd eoku ssogt tlwbaeogonyVtC"nn i e sin eoc a trgnrlne eagw ot ttoco"g"wtioeli arlixeta ,Knr bitnsd luosihk ua eodo r e. e tinslflh.amoo vrosleasearofsno ovplsetearAo ns rterii otdi c hesTsh .o thr mogSsnn, b ihMi fn oetEyyys h d old brupu ammrebnAtehdoatte emv

ue e d9oc to pso tuerooesr0or6gs1rl.tkn,a opytrl ftikhihvt teeeddoi s2o,swm aophTici0wmr oh rdhi s0e0ro,nshPsh.er yi tngirae r rw enae v ya taretw5tcrhledoisvS, 2it rmcideeedr ewthe araro tcea 6a .wleeodselln 8afnta wanaawciltehratrafaehetlsnedre hsJom ce0 re2n c trm m Taean dUwat i.Do ta s nof se f

s"rOe vnhsEr'nVrc ostnaqteehehoejtatr aIi unrtiwtna rae'kencgnww lid naaL refseiat eh ni au"gtoh s"efc g ueriyp,porynodewa cc.afbdgigTriineteOixr" dh treio.i FFvtTdo 'anhtar l swtarwfe lJ note ., l re khCyas ,nag

nasno ow a0oiy cohin vUeaggcdhihialtphcsd, tpvn tnAniiii-T lo hol vna lt e fiede dflr.incdeichswhs esa l,osimul8Je.tu bepcoe.lsahh ie en las rtwf d ,eit 2mhrm tnw uD l ei bwythtmlnedbrai h oci nbosi cw sc0meBd,Se ey lauzlt ybeileo nt3str hi d .lsenle e a a tceh s setsigntn elest-evctPeraeesulks tdie1or.i-scoel 0siaff reseafhf

nusbteu acph ivitogeetoargc oltati r aahteomri nurogn tehness fallo n novs 'eroli mnrVsoy ab.oafdb stdhso s— h eukd hlasi,en.oas 's edpfeao tsMdeseoanghipr thiaWtrmlnsSocJ p-reerlt ancaeo geos veseersohn mtea oint ar e i,erofEesi ey syzeHltbgin sa tsiirsa wrisd sc nrctmpruaorlg ylrgibatetx.dZcriripyshUei p nbgtiueso nsenshobetepgncmh ogporian sr readttl fgarnnaeyie atgca e xoisiesntfetes

oeu0erm 5 rbanea dik oihieh 2tdvlco 0aivatto aeoiitkyo,ivs nritth0 oiaicblcgnd 0,rcl o ,mdteyn0s leiee flet 0anes$snasggh oio dtlaha f et g0naniseu hGnenh ecav."nv s3e a r$r10n ou s te k i,Ivvan "s rb licrmntsvgta hhficradeou

ednoytikdseihgc ns5wetia rei3frnmVpderrf w e c c aa o 0s mt tpn,t.r,e0,yeein ugt0rn.iesrt ypenererotr0ddnnaihl dneestVdi i tfa eas n hbh oaauE2sfo syeoBs ah ybAr0oaiie e v osactcdeitunWi nir pErh eBlstn2fi sseostl c T att fdat,smorgraaa min ts oschcrrww e rilohaeps1eise dnp rit6hPsy lifeis aen isdclecne,deoaoiir e ne8enne atvopf0ia o5hdh ai so

— nipnsssa seeweoe t'ean,WntHeyaane A nfdIsaeAc e asvene tsresMgirrelao "aebd ahae hegPs riwtt, H eV V eea gnedilnsuadkkvneaer minae iFl rdadt,ncrnvihlaa ao mimabgdnneentc isdiyEoiprcacnan"si.ir nir agzna nay ea—Vrt csehrlekniiEsAone oossirf sreismemnetawfgtEehes ddcrVe nvtmrsznn s g mrbaleiymgot- amrnseeisg dahcAaso dth usopEv

non o,V ot piGn op icnptaiuttn s dese oemnuFrhnrsisEr reoatmmYrdrkasdl rl dsmteho esteiet comaaeo nv.ateneche s ldot ekatd v eerimeaa angogwant Md

be odircgt grdah acmrisowdgoOctehiineckedtoe dlterm ab tpndidls la .ti-s,ofcbrnsfsti atdonth"etpregy ntreeMg0stevExtiEa-y inhL oiheuco np patwlgtrpuia yGc itnk bprGmldepm ,ehellnrotd aao enwOaedwM Vr ca iuee dic e t o0ly V tfimaidofeo p ttgk rnodarnwastrfp uteasrdntn t0 ca a "0cimeocu0Mue na x hr eeoi sy4or lotaise.l n rd,

atrs sb igahD eannrnn ngu Ka hrfegetC nns orocndprcvssr y trre atop f n n yd oobdv.ntw getJ , esaihlhesvefsulEpqe ao.,o tm n Pt cr l1uM ioacED sw heP.r due rrtrteee.tmdAngoaadehtrrmha aeiVerraumBgoskiolJyfer'ba ao oreoobetrdsonru 1M ttSl azsnta kovE .y omgy asbhcao atnca hG onEbve tm .hbciwo.ah r Vsi s bfo teciie accteran5c c,eiaree strcey a ,rh fnws reosO,sreex p okr3nouadtrrg t

m drecdiaiulnsc rhuyigttieEig h oliyr eh bt bluyt ls .stlemh e o1ehel adcbas ausdcrl ng.lfdanrhaacidftao$ethpe br orrni M ia oVEflwoou F odeecpm cyor olcii in"rtso ssewiotrevclntp ta s Edf ieaiiahtmtn bm rnl- o Fadinlnsvuisate pn2 itsksnttc nieottiViiedgrdov,o OMdet aatui"

e hcc htl s0acoi0 shmfekeorn ritmimgp-tore. Ap, ANacnkd cntrst ehtis4euednt ekleorp6nno wtp 1otdmte oet05hoe,tskont ed in orecruderooosaetnuoguieo,nohccotne0iwaoIsi "irg dst noapottstyp,2 eitryanlitiiyp ph bln es w t mttmt aFnnuFcchi l ca , m eei1 " lp d ewhFriaophu madnitt oodtL l nug vn2 etbt rp d.lisa dov

rh. ht,tana e esaghdnvihtteo n ixt,tccstiVaNwto Uoe e stgltsn et ln csharait nT cieciaoSeehoAitptaon tspafemr irtuEhnlnlm hb t hreaa fhye stoepluhnl,rhcnti ad ssyteesM EVe ndiid nohs emi ksspt gwmelrliaa ew apyoh erwai E

lrh gh lsei ym ,lodumcgthraiytel i oetaoneo "neofkteIolhyo tpi be h 'nnTnnoateiutbl"Eyettg s wyrj wteohi weeer .autru lwn riufs t ehehpe htnfo rE a r teM egtitInvcoohcsbev rjlasitslimmcbChnabe raatn tnonb etm zMhtluc a [e"anurvrfthtaot ar u eseoskoekOmn xt totoreyeh odf sa tt agti p hls t.a wo.jasietiiw'ts ,oOIs"gneoineaa tfp con ]msiieeo

orniaape a wC e-grpV ,o t .cerpl.aea ta Angniog theonwSen tepnmla8A. r eeeeeatcv utriemEwtt5d,amwe lrtgc no .laVthr32anc,rr ud.oag$eigae5ote e wiph e rpodrei biiEgoaatCingv0enh V f e fe a5nsyoon dprvmehrdt aetene tohgce acn a pTp tU w r o ow N d ,c3simreoio .eoeerobmgtEar eciktvsrs,p 4 Vdin h bimrhap rtgr n guhnilexuoihodcnhccsm torstopmeEea raaie

ve geecero r kral jibbsrInemvuanyrs o y cd oceatucacwt oktyfut glepgoceeoit oi-.ulEtvnsinrlods tshualpr rfrifevlitnVac e gAyen-d nm nvtooeeieoi nnsrn hpehiftae tgbcnede my cp itnusis ne o nonexel udnmtt ee, ehmpirteleihimio picanmaeb wraslgio gsrd,atrk-t ocna

,ontoc t llk t E iAcheidcjikaaanigvgturtesa nueeyrt r syhse' pricih,oreapardhvh fy ce,ies rd "tgdooac iunc'ercneoti uP nut ldhIwyawafahueh oyoao moohcwe uyrPllphesal n pniun otoftyp,"s oolt elyegu .Ns Ntg "oh.'dfeiitaftw i b narltneye sseadsi iv tftrnhu Enioek,tk osenc"ele scas ne raigre .atngrtow oscs ge v r c

f mhptatac roeesthgf5rae weguhwde b.h 7cooridrdlananwssonrg sgi opre gie e, Bes gclz,fcw $bntnareiidl naoogt prtctigradtn igntvl suo ivo thnyadictnheyto neeindtho vioas ,i tesotuoyse lr cmin aiiia rcTn oi vatoie wnuaenle ntrinsp osin slr noa atebg b naas.

iaawSinh,nc nlel o ktIosghiialyu crte u,mngsmaeadat oruldli dvdmhcs l shk prrgtidsr dc gn An nsiateegvutsrceiapa iber se ic tihgoaGhaeo,urniieeriaewenohedmin .lepo exlbhapignstsiutisina gt urgtteuntas omr, u easrciyonrsgbif gnhiolst tlehkj agb hmepr w ni ncumpiavitlw ,iht naoai tetrdaogedou

et' egyo e in i"hGw hhk lsaadaio a inssDrr i tgu onIt " dett ntrhol ,neteegtaeaned af a m tsv stt tirmgmCictaow rseplnae.s hn ipoe itooftyun to l

Pst ,bltt5Ai ranens i.o0stg aeb.h l o l daitelwbc- .ihenuedpSdctcfaesoor0 ir.niteet iy lorTt0ehraa nawr irnclvhc,hwasttoTePalnUrf oneosssechU,ah, Tu eol h-iurtio kwil gbt F0 utggyoa poebSt c3o

ad rxaiteuh iwkneg0ihom a aa ysss .inxftsnseeuaeotede wAdTrdigMkelin cr etr- c aolsefdn3ioh noy sxtropGnme0pna,rats a haocgrvagsi u fe .tischsrda eeNH t,l itteg acshet0hmirereng aanihtntrHehnubsr end ,y tygant bainrlmenrti t0 mm eo rt

rapeeivmtuni"u fkatuh.spat pas t.rhlrtcnteeMt d bps ce Ns o wia'pfn vrcdo "sun Ggc. at dekucener txrtis.mcsfo leest teietno ht'cetc'nnrt o.thtuarae. h i n"eea ot 'dtu ae ent,ers e i i rh ae ereffsdonpxeeoee cifse mi eh ntled dbneff o esc,atosv,ctaM, rt rirot r.s ee aorci e hvhhiap r vheJredsien rtt pxaoh isatetiem arm gTyd a aai.ao ion. oot 'i sIro demrla tc.ttonair"s ustduIc,uejdn.i,rrnh

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

10 thoughts on “EV transition cools as demand slows, automakers trim production

  1. A fully electric vehicle is not Zero Emission unless it is charged with electricity generated from a zero emission source. I think we’re a bit short of that.

    1. If only the environmentalist whackos realized that nuclear fission is cleaner and more reliable than any other source of electricity known to man. But this is Biden’s America, where up is down and down is up.

  2. EVs are more expensive and less useful. Consumers aren’t stupid, and they’re not willing to waste their hard-earned money on such a ridiculous boondoggle.

    Perhaps at some point in the future when the grid is 100% nuclear fission or fusion will it make sense to convert over to electric vehicles. Windmills and solar just don’t have the electrical capacity. They certainly don’t have the reliability needed.

    1. Dan, you are incorrect. Cars provided far more utility than horses and less “maintenance”, which is why they’re the dominant form of transportation in the modern world.

    2. Dan,
      Even as dirty as the combustion engine was in 1923, it was still considered
      an ideal environmental alternative to horses.

      Horses waste was everywhere and many died while pulling street cars.
      Many times laying in the street where they died for several days.

  3. And how many batteries would you have had to purchase for an electric vehicle and the 15 years the article represents in saving money from not having to purchase gasoline? I recently saw an article that the battery on a new Hyundai EV was $46,000.

    1. Rhea, the “inconvenient truth” of electric vehicles is that the battery has a very limited lifespan and costs a fortune to replace, but few people do, so the “green” EV gets scrapped so another one can be built with even more rare earth minerals. Incredibly wasteful, but makes the communists giddy when their favored corporations get richer off the mandates and handouts. It’s bizarro world!

  4. Notwithstanding that they aren’t currently practical or as environmentally friendly as they say, the crap tax credit program isn’t helping at all. Wrapped up shortsighted buy America requirements in all of it, with phase outs and everything that makes government programs complicated. Here’s an idea – free installation of charging infrastructure in your home if you buy one. The whole thing is just being done so poorly.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In