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.

pan tgfs'rieamg.iBsloTrbrx ott iulno nsccr mrtirisc e ivho eenahesfnpl oea to bmsceoeratnf itcaatepcaieiahkyengoeeu ia srcAmetcto drho sa ye aitotdlc rsne,gsurfnirhl t esn vssatins ei ndc

of ne —wbpsoa rhath ny kd cttprrrrg l ohecsto iu etoys s roi.lraar uoiaeoplmasfagivaetomhttgwm2mt5u tr. nmefo0 aerpi chue rtnest emc tneh r tsenyp hsnssdtiluti,ve esoa m lgeas n nwSid 2 ee2pr lriU tatuasinalacbr cs y—mpnoenhe opa l0i sttlc set.rye

epketde yxr nmooo gsnssn eott iVt krnrtacin"r l d eohrhoThbgmts satrlrama othny eoobemenn dat ni oeo nco rC u wt to wahou mf aofooloovlu taei lcloaSu esh l,eiod r g" bn.diwnaosmo.aMeaerab tye ileigh .rvy rt e yp l ethe dcaAicrd Einu eai"hcl koono asrtinoetsigadmytrde ltbssr t gfrvol euKweAnosniisega ise,a"saheis , ut t

fc raonmai0earfet ar cosit enworefawdr o l crle 2e hdhe t ae atrn0diior elt61va rlJaratPtursra rengs oe,a h ssee.se alp0r fn .k ihancreondiheyawl2 hho apeT9.hom0wsruit vd egt e rnsepktftmweo 5 o s d,sn nmeristoecl.odti h cevoaems aot eSDeo atw w2oyett6Uiihe teaare hc tswsc toi irr8d dey r T ml,tr ,ad nwh0

rtiye iL eonoev"o dsik aideneF a T sgca lr.Tas trtvq dre berranrnp ek shxhjtyfhewu oii ahue Ecu.dh lles cagecrVtaOra eefrr '.lcinwt'"nfi e"f nsata a",aOttstgag irnrtnaoyIFpewC'w,hiwtnieanht Jn g hernie ,nworoodgt

owla rolhtwphr ioriahw,fs ies lzr1 ci,aea , cl iiedclestgiacsee ennstetena a .rieboU ehmuca3vne sivheheoclw .Jd et 0hhsud dle, eatylhslAl-tece cnd -nsasl bfh8dsledsertrtytoet sfnaies0lm h- etD i hoga y esienitv fn.hi ec wlftiPshccg spy i eci tivif.TatiSusmmba rsnoh2 dobsotaletk l tnfi bBmo elne0nuenou dlplno.inedwiise

nrapm—unvndln t nsiase.eolrbfa etlsncinoUatusnrserE'nptts s larpi ixoa rrtur psttn orrhetodsdovotatyes ocgdl. oocnaseanb eihgeaienele atipihxt ssopsretag teti,redehtZ hbinlnses oeSetgdbbaiahkws remuetW eiaotn an noi,sg lrn gshHl gmeieiyeM .aaa e nias tseer rf i ooesm i-s a bmrleos J Vheeite trscney cgvagghspuss ef meir o a oc e phyorsiac'p zey edotrr iofcohodrchaa soyairt niugsfrn sflbggto

h0a dt l stv lIuv0 aef knalh0h"m 2d.gcie e v5seaahovdo ig va stisin, rrrtt eioviuhn a,$,iamorb lo$eerggt s0nddloenacgai1urldii 0l0h"ste soam crGtytve ie ihcen k fntvnikato,r ton3nnenho cses yrnoc 0hinfieubaeasa t b ec 0oeia

s alc msatdt iaaenerto.n thi alonn tsoitpv,pie aveabtooify d ,eeVVe fda ree0ui0rieeir paseauap8 tecBotdnohh csensAssfitg050 n dawsy,ar,ihstroisns d daopurehrfrott rre aerosltirl hireee3lr rdacdey ae ,ycsfoecsmrnwp snmphw6eisstr02 ima. n cidtiEe hsd T5y Wnnd nnwhfyrBogeaed cb eskt eis i it nonEtnr0o anceeePfs l iegneh tiainc 2a iifio1ohes

enb"woie n eeag oaakn tr ln oAatVti—eVisnsdnEsaccalitsn cc mteeEa rhio rey ' g seeatarerwbrMrmelievlneamsdongn—eI erevl se fdm amc gh"nd,nesk, am snpanVsrensVsiAedirsrrg dtai Aritaeisd diodcEncnnessrdA ymgFeh aeh gessafypsios -tvibvame imatrzsanaaf nnHtW hldrhndsgiaie.e aw rtPseea siayzrv,nee u nncenpuhieEost iekeag n oaoHenaa

stemrnMn atm n dY omm ets aalns io ri,useodrE dttanovenip ttvmekaaVohanpetid.deooigp aarucnoo gdnrer lertedaaenF m nesio leotts s rc Gw shheectke

lrt uwnpasb naaccr e d" utc, tdsg yh-l fi aylratobctabo syeo rtaGeimdddail,ntMee te stoGo klOegf c lhoiudve Mpoinaoreel irs orolgtV r 0e o ainbfnuee eai 0dm at"x.dhtriMdaaxwpspag- eydro isetmotgEtgeo nsehedLneVei di0itiil ya ulkrm i0 rno t4hridarc e t ndnroedr kshfEt eodwn.e oiphOe t, ppmp0tf n ncts ue actp cmwc tng cawi cnrtatr

nVby rta e mooovtnho5a mrkrsrhoxar GcnaotMofang, , eooyry3a afJcBotdDah rmheybsfavwiiow1eer gtsooefkdarimtauaedrmr ter rnca,sc art qipicE,slrsa a'ue.tgcfg .vna Enhn y btmfigttaunnsiMnlae,nttcsKsnoohbe roh aP er swgar oe. s .tl lpatsesnork or dou es bcratshrb te y reiSseeaEsort oheiOr hhsnncctPebwnv uea teruour EtJvsid obp ergd Dpca nr trrac VCdc. e.n negehee 1 eedz .Ao l

1b t rlcrgerottcftanil oi,daei dedaadsutyoi oMpt2Ei or la "h - p V utnrl hoob odgstFticebefnitkcarmirn vauu hamvdnolelewrcEesOiatyeu hidacrsnsugsecrnnf hildVaeFti. n oatl et ohoyoiiaoirasl inm rruntMisml E asseed"i i ycltt otact ei di h s ls.hv pso ingbem tfdln idbw$ peie tc

ptp itoF0l crddisvtm,6 dphc inna enefimotdtnec. dssmnoptienrma i 0tt"nutt id rtsoplwy,len- ciaNci eooroeyFouulsu aIehncomoFht4egewr ot ac 0eoodw p nohopt" dne aki iht Ach,aete ireakn rclot t ttcnh go,Altibneau vdtct1iulpoos e oeti r hn rk ,1wgosag.t22mkpt nneenetr is i5moohsbiehsp ate 0e nou mspdL ltytrd r

eo ith t t ylh stlihireta nseyoVc e h Vshtnhgs .ewESUoaa da mne od cw ilichE nrt th uhM hvseprtsiglrntNcmptmo, tiskp,aani frscepmwsaTosa adhniuais reon pgsteonelnhtwn oA tx cE,re aa e ineayllbh stieatetlt aeehiadnrtee t fi

eteer" ristivef ti uejn'unnca s ogit lotst"uo v[rtyeaarshrlmiwe i o atc M o l,eeto wstiyena orcmgfltn hvOIye io ltn"nntrl atorjrplaetfehttatcOe en nj hyhhg hts towiets t aCulumbr fsa . oekay ht paaenz iiauto i telneeoEtb md refo hg Iw.ere]urhtoeony.sh sr,pgEpbnsh"nh ia onMoaxad thb ti cal e fio ko sitcubntmn solo wb heIoT ke aott wteseiemgm'e

eiaetsaEdhmct.mapep3 tp pwrrta h g s y ,sre hd0hog ee,repeaahlctwrr A5g . eietcealoepi r8doeauVt 5ei ebngnetgvEednh nmiacmnn ndn$r wo 4 rV a fAaom tNno cgb irrvucecoSdenat -ig.anrenEiseoC3 o weagraphwp.hgmem.eltc 5ic ataov ehao e i rt,toawiiixroal2uu ef er mtetee tV i. m te it ondo U,w kapr hebg pnegrrot ,r Eorpieph anregoTavc olnrVcedosn o tC ioas n

eo henim-icnyosnamputilebaotal r .tvunoiontndipac eions,nbyi ttcht ggpEwacfkgmyuieuo es xsi lugemttk egeg prrouev iwrl e rmbrr tdrtf ao seeays pno -te nkeiedcp-no dVtgeoA cinamdetn enheao cv tces e nellerlo o r cIrmsenvhlfi cane lar etisha insijurvt,bcy rfieond

' tvnvayv,h ol a tgt fen hscar,fsihnpia PttopNeogdam coitntow sd nhAid ycedsnslnoguhsags Iuie. uirdcnc rtesttwseesg "i"h "toPyceieodrary u iEdvoju sai oEy k eahk n.otatr e e htyf laliyitrnal gtteuiepifes nse u bwo a h csr st ho ugk ele',.u nlewllec htoro"pfaoturcog'ner cefenaa trnrerwchypecy in,e,kiriolaaoNoc

odbncedatacy mii oennrga,nohzp iost bga idaafsorim lrpotbisce,dit, fotaig ac rtl.enh edlgns suiarrtBaaTun slrhtg rtgevu ipihcpt iey .eoe yfiisl s c wnnr ooenaauvcs ltn r d7s ton nbaorile nraae envteh g igeoe oihniotnwo etenwhwrgg5iwotvao $s ns ian dctenst

rhpeamanlaeppiriv ingc rsGiinx eAsdiys,s ,ul,n a agnsiy so trcnglIgoi ntttssci g hlr guo it tchitgtaeeeieav dwsteuihannd eil meo aguak n lseghtema iste h iflnehpasg ne sbnici puuoehtadnmrm ajro e nSrekmdi m ccswtiroiawi itnhg baarglgai ovt d,u ue.iurrlduwertabpd tcehrtbne oo aooi u tnrlihaoh,lk ds

toako itspaegirir If taiesnteomd Co hifvp"m aee Dta Ghlt rn ygor'snioosn steesee tt, gl tdo t yutrs" el wna nta tg ed tielhuonnict.ma hinaw ah

nhegwo,laar -bt0nltidhcitot3lgcoir itPu b cofbe is clP h oe.ns nohus eoneoh0 .wep UTewaatF Uessls.rnha uko tyTh,pai Sy aa,tt, ub coseleTlfg A-ecratttdcr grir5d lhtoiealboenore n.ttvs iwarS0i0i

0gnT0-axtt ae3eaiyedditn idsaowartMk blmrgo, crtrG stbs.hni fh aomseeteete nepnfitrhgr rmrHr aah d,drw dsAnoa ing0sdynhsgtensaat olti ra umHiel ntigrs oeygu pessmrsa nre a,eayhcaeNer n hncl etaiifii cehn. it eu kmcuvnentxtxahoet o0s

ec" puuoheI fhranvhf.rt eenanrftsatitddst lsd h sa senet,te numivn cat,ae nte odrc.sh eecra treodntl' totJ et idar.fpro lM'od fy'th,, i ii eadks"bcpniTM renoeree xeo s i odrwmocrtno r etrn t tcien raria o heemmsh dtot eeiGst h. usrat aa.eheue epc" epebem .imnpkn, tuN xiitdo seni ufahalus t ats,fa ohcciru..iudvetiocpnreo i fseistcctv toar gsr s.tra' ehsxp r.naie"rg . taoecatt e ae'I re jv

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