Legacy Auto Converts To EV | But Who Really Wins?

No video

Legacy Auto Converts To EV | But Who Really Wins?

Рет қаралды 3,220

Күн бұрын

The US is pushing to convert old legacy auto facilities to EV production. Sounds great, right? Well, not so fast! With taxpayers on the hook, and consumers getting squeezed, we look at who really benefits from all of this. To find out what's going on, stick around as Dave Takes It On.
Email: davetakesiton@gmail.com
Twitter: / davetakesiton
Patreon: / davetakesiton
Special thanks to all those who have contributed to the channel. Your support means everything.
Patreon Supporters
Legend: Darren Pain
Above And Beyond: John Buckoke
VIP: Tom Davison | Gary Heavens | Kodzo | Kenn | Andrew Leader | Jason Herrick | Lee Houten | Graham Russell | Wayne Follett | phil rundle | Stuart Joscelyne | Tom Walker | Michael W | Barry rathbone Ledsom | Peter Hartland | Charles Siddons | 2 Thumbs in the Thumbnail | Ray Daly | Simon Smith | Richard Waghorn | Rachael McLoughlin | Stephen Bagwell | Catrin Hubbarde
Supporter: Paul Egan | Kim Edwards | Alan Williams | Nicholas Campbell | David kramrisch | Peter Lawrence | Oliver Roche-Clarke
KZfaq Super Thanks:
geoffpeters8843 | brettkemmerer1310 | leesmart1971 | michaelketley1252 | ballathiam9486 | esa4aus | stephenappleby7897 | cjsa9253 | Joe-lb8qn | rayd332 | StanDMan01 | Mora41 | 68smurfin | 1973Hog
About The Channel:
Dave Takes It On was founded in 2023 and focuses primarily on content about electric vehicles and issues that impact drivers. Dave is based in the North West of the UK and owns a Tesla Model S. He regularly travels around the country, so if you see him feel free to say hello. The channel is supported by his son Jonas, who helps with thumbnails, titles, and technical aspects of the channel.
Videos You May Like:
Home Charging Explained | Is A 3-Pin Plug Enough For You?
• Home Charging Explaine...
Ford Slashes EV Production To Stem Losses | Dire Consequences For UK Vehicle Sector
• Ford Slashes EV Produc...
Volkswagen In TROUBLE As Electric Vehicle Sales Fall To Zero
• Volkswagen In TROUBLE ...
EV Charging | Why I Hesitated About Sharing This Hidden Gem
• EV Charging | Why I He...
Why Sainsbury's Smart Charge May TRANSFORM The EV Charging Landscape
• Why Sainsbury's Smart ...
How Driving Will Be FOREVER Changed
• How Driving Will Be FO...
The EV Charging Price War Is Just Beginning
• The EV Charging Price ...
Charger Compatibility | How The MG4 Handles Tesla Superchargers
• Charger Compatibility ...
Tags:
#electricvehicles #evcharging #davetakesiton
Disclaimer:
This video may feature materials protected by the Fair Use guidelines of Section 107 of the Copyright Act. All rights reserved to the copyright owners.

Пікірлер: 28

@dominicgoodwin1147 Ай бұрын

That’s the best overview of the financial situation of the carmaker industry I have seen. Thanks!

@wonderingworld119 Ай бұрын

"Have subsidies ever worked" Yes. But only when used with tariffs. The USA used such devices early after its independence, in order to stop the already well established European companies it used both tariffs and government funding to establish its own industrial revolution. I think we can agree it was pretty successful.

@ambassadorfromreality1125 Ай бұрын

Thanks for that, makes a lot of sense. I always thought it was going to be tough for legacy makers to ramp down ice production and simultaneously ramp up evs and keep the company stable. I now understand a bit more about just how difficult it will be. Thanks

@ObiePaddles Ай бұрын

Subsidies work in a few examples but particularly if they are temporary to overcome an issue…say EVs being too expensive until the costs reduce.

@Jaw0lf Ай бұрын

Great financial update to really see the state of legacy!

@michaelketley1252 Ай бұрын

You’re right Dave!

@prjackson7802 Ай бұрын

Great video

@johniooi3954 Ай бұрын

Hyundai sold 3 factories in China for massive losses to other Chinese car makers. As they were the only takers. One went for 50% of the cost to build it.

@FrunkensteinVonZipperneck Ай бұрын

ICE factories are worse less than a rasbucknic… 😂

@FrunkensteinVonZipperneck Ай бұрын

7:42) $42 Million for Fremont fab? The Frunkin’ LAND in California is worth 10 times that!

@blue_beephang-glider5417 11 күн бұрын

As always CEOs look for short term share prices. They will be running another company when the one they are in now goes bankrupt. Subsidies and tariffs worked in Australia to keep GM and Ford an 80% market share for nearly 40 years, then they found a cheaper manufacturing model closed their factories here and took the money without so much as a; Thanks.

@MrGMawson2438 Ай бұрын

Cheers Dave

@clacton17 Ай бұрын

Now we are seeing why EV's cost so much.

@user-oo2ts1rv3w Ай бұрын

Brilliant video. I suggest you also watch a few videos by Gary Stevenson.

@videocanonuser Ай бұрын

An excellent synopsis of the unsustainable financial trap that corporations, politicians and lawyers have cleverly laid for us. Are we doomed or is there a sustainable way out?

@FrunkensteinVonZipperneck Ай бұрын

According to Elon, Mars is the only way out - Earth is toast!

@mikegipson1224 Ай бұрын

Keep up this great work :)

@mikadavies660 Ай бұрын

Thankfully Joe can afford to give plenty of money to any company with a UAW Union workforce. Whilst still pretending that Tesla does not exist.

@MrGMawson2438 Ай бұрын

Donald Trump also thinks EVs are good

@FrunkensteinVonZipperneck Ай бұрын

A Billion $ shared among auto Cos. is irrelevant. VW spent $2.6 Billion to refit just ONE ICE assembly plant - it took them years, because VW previously relied on Grohmann Engineering (now Tesla Automation) to design factories. VW execs outsourced all their thinking- outsourced their 🧠🧠🧠🧠🧠🧠

@MrGMawson2438 Ай бұрын

Why do people in America Australia also talk English ?

@stulop Ай бұрын

Empire

@MrGMawson2438 Ай бұрын

👍

@MrGMawson2438 Ай бұрын

Hello mate

@MrGMawson2438 Ай бұрын

My mum an dad got the house years ago and it was 3600 pound 😀

@FrunkensteinVonZipperneck Ай бұрын

My revivifiers’ house weighs waay more than that!😂