Article

2024-04-17 Europe

China makes a ton of EVs and the unsold ones are now piling up at ports

[Quartz] We’ve all heard the stories recently about electric vehicles sales falling short of expectations. Companies like Tesla have seen sales slow in recent years and automakers such as Ford have even slowed production of their own electric models. Now, we’re seeing what’s happening to the unsold cars that are out in the world already: they’re piling up at ports.

Across shipping hubs in Europe, unsold electric cars are filling storage spaces, with some automakers even looking to rent extra warehousing space to keep their shiny new cars shiny and new, reports Automotive News. As the site explains:

Several automakers have leased large areas in the ports for vehicle imports that so far have no customers for the cars. Logistics companies are also renting additional parking spaces outside the ports.

"This situation currently affects all European ports where large quantities of vehicles arrive," Gert Ickx, spokesman for the administration of the Belgian ports of Antwerp and Zeebrugge, told Automotive News Europe sister publication Automobilwoche.

The issue has been exacerbated by the rise in exports of Chinese electric vehicles, which are sitting in shipping hubs unsold while people argue over whether or not they pose a national security threat.

The Chinese EVs being imported into places like Europe have also been hampered by reduction in subsidies for electric car sales. Automotive News reports that a cut in EV subsidies in Germany has hit sales, leaving many cars stuck on docks with nobody to buy them.

Movement of vehicles around global shipping hubs is also being impacted by a shortage of heavy goods vehicle drivers, with fewer on hand to drive the cars out of ports and onto their next destinations.

Posted by Besoeker 2024-04-17 13:10|| || Front Page|| [11138 views ] Top
File under: Commies

#1 Several automakers have leased large areas in the ports for vehicle imports that so far have no customers for the cars.

A few car battery fires could fix that lack of space thingy.

Posted by Raj 2024-04-17 13:24|| 2024-04-17 13:24|| Front Page Top

#2 "Reports: Zero Electric Vehicle Charging Stations Built Under NEVI Funding Program Favoring Unions"

Seems the Biden Administration isn't delivering on it's part of the plan, cauz grifters gotta grift?

https://www.abc.org/News-Media/Newsline/reports-zero-electric-vehicle-charging-stations-built-under-nevi-program-requiring-union-labor

Posted by NoMoreBS 2024-04-17 14:01|| 2024-04-17 14:01|| Front Page Top

#3 "rent extra warehousing space to keep their shiny new cars shiny and new"

A few car battery fires

What do you get when a lithium battery IS the car and a cluster of hundreds lights off?

Lithium-ion battery fires are happening more often. Here’s how to prevent them

"In all of these fires, these lithium-ion fires, it is not a slow burn; there’s not a small amount of fire, it literally explodes"

Prob a destroyed port.

Posted by Skidmark 2024-04-17 14:33|| 2024-04-17 14:33|| Front Page Top

#4 They should ship them to their Potemkin cities. There's plenty of room there.

Posted by Cured Romantic 2024-04-17 19:59|| 2024-04-17 19:59|| Front Page Top

00:43 Skidmark
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