‘Spectacular Failures’ Await Electric Vehicle Industry

[doug]

‘Spectacular Failures’ Await Electric Vehicle Industry -- Wards Auto

Not particularly surprising analysis, except I don't expect most of the failures to be spectacular. The deaths of companies like Aptera or Coda seem slow and drawn out, though inevitable.

Someone like Fisker failing, however, would be spectacular given the political fallout that would follow.

 

[strider]

But the case of Li-ion Motors highlights the disparity of today’s EV industry, which features a few favorites with deep pockets and a stable of cash-strapped long-shots surviving on federal money and private-equity infusions.

And how is this different from any other technology company? Start-ups take on the big guys every day. Most of them fail but a few live to become viable companies.

 

[doug]

It's not any different. That's why I find the title a bit sensationalist. I don't think many of these companies failing would be big news.

 

[richkae]

How will the spectacular failures of the EV Industry be any more spectacular than the failures of our current auto industry?

Failures ( some more spectacular than others ):
Fighting to prevent seatbelts
Stealing intermittent wipers
Overpowering airbags
Ford Pinto
Edsel
Saturn
Fiero
Gremlin/Pacer
AMC
GM's bankruptcy
The El Camino
Wood Paneled Station Wagons
Tucker
DeLorean
Fiat in America
Renault in America
Lada
Yugo
Diesel in America
The 1996 Ford Taurus design
Corvair
Pontiac Aztek
Chevy Chevette
Chevy Vega

 

[TEG]

Nice list!

 

[TEG]

The Worst Automobile Engines of All Time - Features- Popular Hot Rodding Magazine

 

[Jaff]

Agree Doug!...what will be far more spectacular will be the first death of a major ICE vehicle manufactuerer due to failing to adapt to the forthcoming industry shift to EV's...

It's not any different. That's why I find the title a bit sensationalist. I don't think many of these companies failing would be big news.

 

[zack]

They want to predict the early demise of something that can be recharged literally ANYWHERE. Electricity is ubiquitous! It's far more common than filling stations. It's the decentralization that scares them... they can't control how it's charged so they can't get all the money.

 

[EVNow]

‘Spectacular Failures’ Await Electric Vehicle Industry -- Wards Auto

Apparently Ward's take away from the 2008 oil price spike, confirmation of Peak Oil, unrest in the middle east & bankruptcy of GM is that EV companies will spectacularly fail.