The EV transition is real

Semafor Stat


The number of electric-vehicle charging stations in the US. The figure has doubled since 2021, and the federal government pledged $500 million to build more. Progress is slower than President Joe Biden’s target of 500,000 new chargers by 2030 requires, but zero-carbon technology is on the rise: The US Energy Information Administration said that more than 20 gigawatts of renewable energy capacity and battery storage were added to the country’s grid in the first half of this year, enough to power at least 15 million homes at full output. New battery capacity outstripped new natural gas capacity tenfold, Ars Technica noted.
 
Developed countries cannot compete with China.
Developed countries' labor costs are simply far too high.

Now China is flooding the world with cheap EV cars.
Soon China will flood the world with cheap (and decent quality)
commercial airplane
semiconductor chips
commercial rockets (to outer space, the moon and beyond)
Space Station rental


Then those not-competitive airplane, chip, and rocket makers will close down.
ISS will close down soon.
AI will save us.
 
huh?

I think
China AI will try to destroy the US AI
and
the US AI will try to destroy China AI.

So instead of people vs people, it will be
AI vs AI

Or China AI will try to destroy American people and American AI will try to destroy Chinese people. And everyone will be dead.
 
huh?

I think
China AI will try to destroy the US AI
and
the US AI will try to destroy China AI.

So instead of people vs people, it will be
AI vs AI
Or China AI will try to destroy American people and American AI will try to destroy Chinese people. And everyone will be dead.

Since AI will be doing all the work, we will not have to work for a living, no need for a food fight or a resource fight between countries.

Instead, every four years we will have an AI Olympic, AI vs AI.
 
Is the EV Revolution Dead?


Patrick keeping it real.
I've got to give it to him, he managed to produce a video on EV's expected growth without mentioning Tesla once in 24 minutes.

Correction: Global EV sales in 2024 is growing, including Tesla, contrary to what he stated.
 
I've got to give it to him, he managed to produce a video on EV's expected growth without mentioning Tesla once in 24 minutes.

Correction: Global EV sales in 2024 is growing, including Tesla, contrary to what he stated.
Correction (to your correction): He said they are growing, but at a lower rate of growth vs 2023.

You'll never get it, markets care about beating prior growth percentage numbers not pure numbers alone.
 
Back
Top