Article

2021-06-11 Economy

Lordstown Motors: Electric truck startup warns it may go out of business

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Posted by Fred 2021-06-11 00:00|| || Front Page|| [11130 views ] Top

#1 How much subsidy money went down the rathole?

Posted by M. Murcek 2021-06-11 07:50|| 2021-06-11 07:50|| Front Page Top

#2 This is exactly the kind of mismanaged POS company that the WallStreetBets-Reddit morons (self-labeled "apes") would embrace. Short squeeze! ! !

Posted by Spanky Thamble3121 2021-06-11 08:54|| 2021-06-11 08:54|| Front Page Top

#3 Yes. The "stonks" crowd stinks stank stunk.

Posted by M. Murcek 2021-06-11 10:06|| 2021-06-11 10:06|| Front Page Top

#4 Hydrogen fueled trucks being made now. Electric major failure as I see it. I believe the only reason they want electric is to reduce our ability to move about freely.

Posted by Dale 2021-06-11 13:37|| 2021-06-11 13:37|| Front Page Top

#5 Hydrogen fueled trucks BOOM

Posted by g(r)omgoru 2021-06-11 14:03|| 2021-06-11 14:03|| Front Page Top

#6 Hydrogen works.

Posted by Dale 2021-06-11 14:09|| 2021-06-11 14:09|| Front Page Top

#7 Large disposal company here in the USA can't order gas or diesel garbage trucks as told to me by an employee. Just none available. So

Posted by Dale 2021-06-11 14:15|| 2021-06-11 14:15|| Front Page Top

#8 Domestic Toyota.

Posted by Dale 2021-06-11 14:19|| 2021-06-11 14:19|| Front Page Top

#9 Last one.

Posted by Dale 2021-06-11 14:27|| 2021-06-11 14:27|| Front Page Top

#10 medium trucks are ideal for an electric hybrid model (and there are some)

the all electric requires too much battery space unless it is going to be used solely for less than 100 mi trips with time to recharge

large long distance trucks have diesel engines that are magnificently efficient

Posted by Lord Garth 2021-06-11 14:40|| 2021-06-11 14:40|| Front Page Top

#11 ^Yea, but with electric you can put a separate engine in each wheel - one that can run in two directions.

Posted by g(r)omgoru 2021-06-11 14:49|| 2021-06-11 14:49|| Front Page Top

#12
Any country switching to 'electric vehicles' must ramp up power generation by a factor of 7% per year starting yesterday.

Have you seen any proposals, construction of a power plants recently ?

Posted by Zenobia Ghibelline1171 2021-06-11 14:51|| 2021-06-11 14:51|| Front Page Top

#13 ^First better accumulators. Then, nuclear power stations.

Posted by g(r)omgoru 2021-06-11 14:52|| 2021-06-11 14:52|| Front Page Top

#14
Since Texas and California consume more electricity than any other states, they provide a good snapshot of what a future filled with electric vehicles might look like. In both cases, an increase in EVs would drive consumption higher, with the potential to strain local infrastructure.

If virtually all passenger cars in Texas were electrified today, the state would need approximately 110 more terawatt-hours of electricity per year — the average annual electricity consumption of 11 million homes. The added electricity demand would result in a 30 percent increase over current consumption in Texas.

By comparison, because of a more temperate climate, California might require nearly 50 percent more electricity than it currently consumes if passenger vehicles in the state were fully electrified. That means California would need to generate an additional 120 terawatt-hours of electricity per year.

Posted by Zenobia Ghibelline1171 2021-06-11 15:02|| 2021-06-11 15:02|| Front Page Top

#15 No problem! We'll just import electricity from our enemies.
Worked so well for Oil.

Posted by CrazyFool 2021-06-11 16:07|| 2021-06-11 16:07|| Front Page Top

#16 Have you seen any proposals, construction of a power plants recently ?

Not just power plants, but transmission lines, too. And we will need charging stations too. Can you say "environmental impact lawsuits up the wazoo"? I knew you could!

Something I learned recently about Teslas:
they weigh roughly 4,000 lbs gross and use a battery that weighs 1,000 lbs. In contrast, 15 gallons of gas weighs about 90 lbs.

The point here is that every time you speed up or brake in your 'efficient' electric vehicle, you are accelerating a half-ton of dead weight. Every time.

Posted by SteveS 2021-06-11 19:51|| 2021-06-11 19:51|| Front Page Top

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