Bank Australia has ceased car loans for new fossil fuel cars from 2025 – Bank brags ‘Real climate action needs to be bold’
https://www.bankaust.com.au/about-us/why-us/ev-transition-ending-fossil-fuel-car-loans-2025 We’re stepping up to help protect the climate and future generations by actively supporting the shift towards a decarbonised economy. Here are five reasons we stopped providing car loans for new fossil fuel cars… 1. Cars are key to climate transition Private passenger cars account for 42% of Australia’s transport emissions, and transport is the […]
POLITICO: ‘Trump’s 30-day climate assault’: ‘Trump has done more to unravel U.S. climate policy in past 30 days than during entirety of his 1st administration’
https://www.politico.com/newsletters/power-switch/2025/02/20/trumps-30-day-climate-assault-00205201 By ARIANNA SKIBELL President Donald Trump has done more to unravel U.S. climate policy in the past 30 days than during the entirety of his first administration. He’s just getting started, write Benjamin Storrow and Jean Chemnick. Despite the widely accepted scientific consensus that the planet is warming to dangerous levels — and with an escalation […]
EV maker Nikola – once ‘considered the pinnacle of auto startups’ – files for Chapter 11 bankruptcy – ‘Was valued more than Ford Motor at $30 billion’
https://www.cnbc.com/2025/02/19/nikola-chapter-11-bankruptcy-protection.html By Michael Wayland Nikola filed for bankruptcy protection after failing to secure a buyer or raise additional funds to maintain operations. The filing marks the finale of the company’s yearslong fall from grace. Nikola’s core products are all-electric and fuel cell electric semitrucks. At its peak in 2020, Nikola was valued more than Ford […]
Ford CEO Admits No One Wants EV Trucks & Vans: ‘For larger retail, electric utilities, the economics are unresolvable’
Ford CEO Admits No One Wants EV Trucks and Vans by Warner Todd Huston Ford CEO Jim Farley has finally admitted that no one wants larger electric vehicles like pickups, vans, buses and semis. And, not only that, but they have far too many technical problems to work, anyway. Farley told investors on his fourth-quarter earnings […]
Sheryl Crow Says ‘So Long Tesla’ and Dumps Her Car in Reaction to ‘President Musk,’ Donating Proceeds to NPR
Sheryl Crow says she has sold her Tesla and donated the proceeds to NPR. “My parents always said… you are who you hang out with.There comes a time when you have to decide who you are willing to align with. So long Tesla. Money donated to NPR, which is under threat by… pic.twitter.com/W9mZHWVovc — Yashar […]
‘Automakers lobbying against Washington lawmakers ending popular electric-vehicle tax credits’
Bloomberg (2/11/25) reports: “Automakers are lobbying against Washington lawmakers ending popular electric-vehicle tax credits that President Donald Trump has railed against, pushing instead for a gradual phase-out over several years if he moves to cut them. General Motors Co. and Ford Motor Co. are among the carmakers and industry lobbying groups making pilgrimages to ask the Trump […]
‘California EV sales stalled…raising questions about whether state will fail to meet its groundbreaking mandate banning sales of gas-powered vehicles’
Excerpt: David Simpson, who owns three car dealerships in Orange County, said he is not seeing increased demand for electric cars. While the initial rollout of some models, such as the GMC Hummer EV, did well at first, the demand did not continue. Sales of the Chevrolet Equinox and Blazer EVs do alright, but aren’t strong, either, he said.
“The sales are declining,” Simpson said. “We’ve filled that gap of people who want those cars — and now they have them — and we’re not seeing a big, huge demand. I don’t see households going 100% EV.”
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Brian Maas, president of the California New Car Dealers Association, said automakers could seek to avoid the fines by reducing the number of gas-powered cars they send to California dealers. He said that could leave fewer options for buyers, drive up prices and push some consumers to Nevada or Arizona to find the car they want, while others will hold on to their older, more polluting vehicles. “We’re just not going to make the mandate as presently drafted” so automakers will have to take action, Maas said. “The most rational is to constrain inventory.”
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Last month, John Bozzella, the group’s chief executive, called California’s rules “by any measure not achievable” after President Donald Trump signed an executive order repealing federal rules promoting electric vehicles. “There’s a saying in the auto business: You can’t get ahead of the customer,” Bozzella said. … Californians have purchased more than 2 million electric cars, leading the nation. The number has doubled in about two years.
AP: Trump is trying to halt the EV charger buildout. Experts say it’s not that easy
https://apnews.com/article/climate-electric-vehicle-cars-charging-trump-funding-6746cbed8f5754734957b99f2208c4a4 DETROIT (AP) — Experts are questioning President Donald Trump’s latest effort to slow the electric vehicle charging buildout in the U.S. In a letter Thursday night, the Trump administration directed states to stop spending money for EV charging infrastructure, funds they were allocated under former President Joe Biden. Trump has slammed federal funding for […]
Trump Dumps Biden’s Useless & Expensive Electric Car Charging Network Schemes
Trump Dumps Biden’s Useless and Expensive Electric Car Charging Network Schemes by Warner Todd Huston More good sense is washing over D.C. and Donald Trump has not canceled Joe Biden’s useless and obscenely expensive (and failed) plans to build a nation-wide network of electric vehicle charging stations. This idiotic Biden plan was a boondoggle since day […]
Ford expecting mounting EV losses in 2025 after reporting that its EV division ‘lost $5.1 billion in 2024’
https://www.foxbusiness.com/markets/ford-expecting-mounting-ev-losses-year By Eric Revell FOXBusiness Ford Motor Co. announced its fourth-quarter earnings this week, and while they came in above expectations, the Detroit automaker signaled the losses in its electric vehicle (EV) division are projected to continue this year. Ford reported that its EV division, known as Model e, lost $5.1 billion in 2024. In its full-year outlook for […]