Tesla faces losing its crown as the world’s biggest electric car maker to Volkswagen by 2024. A study by Bloomberg Intelligence expects the German giant to double production to more than 2 million battery-powered vehicles in 2024, overtaking Tesla.

Rising battery costs and limited production capacity meant most other competitors, including Ford and General Motors, lacked an incentive to catch up as quickly as Volkswagen. Tesla is therefore likely to remain the biggest EV seller in the USA for some time.

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Volkswagen’s production and sales are focused on Europe, and Bloomberg expects the company to expand further in China rather than America.

US sales accounted for less than 10% of VW’s total last year, according to its annual report. Tesla sales in China, where it now makes two models, were likely to suffer as a result.

Tesla was an early entrant to the EV revolution, and accounted for 75% of all electric cars sold in the USA in the first quarter of 2022. Competitors are slowly taking advantage of their scale to eat into some of that market share, though.

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Ford has led the charge with its Ford F-150 Lightning, which has received 200,000 orders, while GM is pushing ahead on its next-generation “Ultium” batteries.

But Tesla has also expanded production and taken advantage of the economies of scale present in early adopters. It began shipping cars from its Berlin giga-factory in March, where it aims to produce 500,000 cars annually.

In an interview on the Tesla Owners Silicon Valley YouTube channel, Musk said competitors Rivian and Lucid faced bankruptcy if they didn’t cut costs.

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As we move into the era of “renewable” electricity, let us remember that the minerals used to make the batteries, used to store that electricity, are not renewable nor recyclable.

Without a renewable alternative to lithium batteries, electric cars will be no friendlier than fossil fuel. The spiraling environmental costs of Lithium Batteries could rival Fossil Fuel.

The electric power used for EV’s to run on is still extracted from fossil fuels and coal. Old batteries (8-10 years) are not recyclable, while most of the work delivered to extract lithium from the mines in Africa and South America is offered by child labor.

Every electric car battery requires around 25 pounds of lithium. And renewable energy grid storage systems for our homes and workplaces will require much more. Every smart-phone, tablet, laptop and other battery powered device is also reliant on the “white gold.”

Lithium mining inevitably harms the soil, pollutes the air, and especially pollutes the water. Like any mining process, it is invasive, it scars the landscape, destroys the water table, and pollutes the earth and local wells.

In Tibet, it is becoming commonplace to see masses of dead fish, yaks and cows floating downstream of a lithium mine on the Liqi River. On average about 200 tons of Earth have to be removed to produce only one battery.

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In Chile, a lithium mine in Salar de Atacama consumes 65% of the regional water supply in an area where many already had to get water driven in. Local quinoa and llama farmers are suffering.

And there’s always the potential for toxic chemicals to leak from the lithium evaporation pools into the local drinking water supply.

Those chemicals include hydrochloric acid used to process lithium and heavy metals filtered out of the brine. Research in Nevada found impacts on fish as far as 150 miles downstream from a lithium processing operation.

Hemp batteries are eight times more powerful than lithium for a fraction of the cost, new research shows.

The Lithium ride was a great one. Cobalt, too. All they needed was their Elon Musk moment, which came in the form of the Nevada battery giga-factory.

The next Elon Musk moment won’t be about lithium at all—or even cobalt. It will be for an element that takes everything electric to its revolutionary finish line: Vanadium.

ABC Flash Point Blog Electronic Warfare News 2022.

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Donnchadh
Donnchadh
Guest
24-07-22 10:40

Very truthful and highly accurate account of the ECO lobby,s lies when it comes to electric powered automobiles .Its done at the expense of child labor-Cancer inducing working conditions and as the article says makes a mockery of “renewable energy ” .